Risk life insurance

Insuring your life is simple and it can be done easily via Internet Banking.

1. Start with providing information so we could suggest suitable solution;
2. Follow the instructions to apply;
3. The insurance cover will enter into force within 1 day after the insurance contract is signed; If underwriting is needed – contract could be signed after underwriting procedure.
4. If medical examination is needed, it is free of charge.
5. Tell your family about your life insurance contract so they’ll know where to seek help if something happens to you.
6. You can withdraw from the contract at any time – cancelling the contract is free of charge.

Your life insurance cover may be a combination of different insurance products. Based the data you enter in the calculator, we will suggest the most suitable solution for you. For product comparison, see Product Comparison.

Fees

• Family income protection

  Service	Price, EUR
  Life insurance premium per month	1.3% of life insurance sum insured, divided by 12.	1% of life insurance sum insured, divided by 12.
  Trauma supplementary insurance premium per month	0.2% of the sum insured for trauma supplementary insurance, divided by 12.
  Contract amendment	Free of charge

  Effective from 2016.01.01

  Effective from 2020.04.01

• Family income protection plus

  Service	Price, EUR
  Life insurance premium per month	Depends on your age, state of health, sum insured and other risk factors.
  Supplementary insurance of disability	Depends on your age, state of health, sum insured and other risk factors.
  Contract amendment	Free of charge

  Effective from 2016.01.01

• Secured loan

  Service	Price, EUR
  Life insurance premium per month	Depends on your age, state of health, sum insured and other risk factors.
  Supplementary insurance of disability	Depends on your age, state of health, sum insured and other risk factors.
  Contract amendment	Free of charge

  Effective from 2016.01.01

Conditions

In case of an insurance claim, fill in the application via Internet Banking or contact us by phone on 1884 for information and further guidance.

Please be informed that:

• In the case of death of the insured person, the sum insured will be paid to the person designated in the contract or inheritor.
• In the event of a trauma the indemnity insurance amount will be paid to you directly.
• In case of inability for work (disability) the indemnity insurance amount will be paid to you directly or to the beneficiary designated in the contract.
• In the case of trauma protection, the person will be compensated for injuries (e.g. broken bones, tears) that have been caused by accidents (e.g. a fall, being hit, collision, attack). Trauma is not an illness (e.g. influenza, spondylosis), muscle pain caused by exercise or chronic pain (e.g. back pain, knee pain or shoulder pain).
• Inability to work (disability) is capable to work by 30% or less, caused by long-term serious illness or injury, determined by the (local institution name) and issued for at least 12 months.
• Insurer makes the decision and insurance indemnity is paid no later than within 30 calendar days from the date when all information and documents concerning the event is received.