Insurances related to loans

Comfort and protection

Both the client and their family are protected in case unwanted events occur

Low financial effort

The insurances can be paid on a monthly basis

Easy to use

You spare time - the insurance premiums are automatically paid from the account

How it works

- Depending on the event and on the insurance owned, you will be indemnified by the insurers
- A large range of insurance products aiming to protect the loan beneficiaries and their families in case unwanted events occur (such as death, disability, unemployment, accidents/ car damage, earthquake, fire, etc).
- In case of damage occurring, the family is protected from additional expenses, through the indemnities quickly provided by the BRD partners.

The insurances attached to BRD products allow you to accomplish your plans and fully enjoy those benefits, without worrying for unpleasant events.

 

Insurance and compensation

Depending on the event and on the insurance owned, you will be indemnified by the insurers – for instance:

- In case of death: the outstanding loan and a part of the interest accrued
- In case of Total Permanent Disability:  Loan instalments for a certain period and, as applicable, the balance still to be repaid
- In case of Temporary Incapacity for Work:  The monthly insurance instalments for a certain period
- In case of unemployment: The monthly loan instalments for a certain period
- In case of fire or other natural disasters damaging your house: The equivalent value of the loss incurred
- In case of car damage: The equivalent value for fixing your car.