House insurance
What you get
We all know that the unexpected is part of our lives, so it's important to make sure that in any situation you can provide continuity to your plans. If you choose to take out your Mortgage Credit/Prima Casa and Life Insurance, offered in partnership with Groupama Asigurări, this is the back-up solution for situations when it will be difficult to pay your mortgage. We offer you two options:
a.Life insurance
This insurance provides financial support to the applicant or his/her family in the event of death from any cause (illness or accident) or in the event of total permanent disability following an accident.
Costs
You pay a monthly insurance premium which is calculated as follows: premium rate of 0.0259%* applied to the monthly balance of the loan
Calculation example: for a loan of RON 250,000 you pay an initial monthly premium of RON 64.75; the premium decreases over the duration of the insurance and is linked to the loan balance.
*for loans > EUR 130.00 equiviv, the insurance premium is 0.031%.
b.Life and unemployment insurance
Suitable for various income/employment categories, this insurance is the back-up solution for the applicant or his/her family who will benefit from financial support in case of the following undesirable events: death from any cause-illness or accident, temporary incapacity for work from any cause and involuntary unemployment.
Costs
You pay a monthly insurance premium, which is calculated as follows: premium rate of 0.04% applied to the monthly loan balance
Calculation example: for a loan of RON 250,000 you pay an initial monthly premium of RON 100; the premium decreases over the duration of the insurance and is linked to the loan balance.
The main benefits of the insurance associated with the mortgage/Prima Casa are:
- coverage for the entire duration of the loan;
- insured risks adapted to the socio-professional status of the applicant;
- the comfort of paying off the loan in full for the risk of death due to illness or accident, right from the time of taking out the insurance;
- financial support for repayment of loan installments in the event of an unforeseen event.
For more details see the dedicated leaflet, available below.
