Risk life insurance

Do you pay your family monthly bills, loan instalments, or take care of your children’s tuition and classes?

If the majority of these expenses are your responsibility, you may want to consider protecting your family’s finances in cases where you can no longer around to help them.

New! With additional trauma cover, you also get extra protection in the event of an accident, such as a bone fracture.

• You will conveniently conclude a life insurance contract in the Internet Bank - without leaving home.
• You can choose the life insurance amount yourself.
• For only 4.90 Eur per month, you can purchase additional trauma cover the benefit of which will help prevent financial losses in the event of a serious injury. The maximum amount of trauma cover is EUR 20,000.
• We also pay insurance benefit for total incapacity for work or death due to an accident or serious illness. According to the Institute of Hygiene, 80 percent of working-age deaths are linked to serious diseases*.

*Based on generalized data on the causes of death in 2019, which are published in the publication “Causes of Death in 2019” prepared by the specialists of the Death Cases and their Causes Monitoring Division of the Health Information Centre of the Institute of Hygiene

• Trauma cover benefit helps in the event of an accident - an insured event. If you suffer a serious trauma (such as a bone fracture), you will receive an insurance benefit. Trauma cover does not apply to seasonal, infectious diseases (such as influenza, pneumonia) and chronic pain (such as knee or back pain).
• Severe disability cover benefit would help you avoid financial difficulties if you lose your ability to work and lose your normal income as a result of an insured event.
• Life insurance benefit in the event of your death could be received by the person you specify. Typically, the inheritance process takes several months, and your loved ones would receive a life insurance benefit within 30 days. This would help them overcome the financial challenges when you are no longer around.

You can conveniently conclude a life insurance agreement in the Internet Bank.

1. First, calculate the premium amount in the life insurance calculator according to the required amount of insurance.
2. Click 'Continue' to complete the required information and follow the other steps.

Life insurance and severe disability insurance cover take effect immediately upon conclusion of the insurance agreement. Trauma cover takes effect within 1 day from the signing of the insurance agreement.

If your life insurance agreement is linked to a loan granted by us, all insurance coverage will take effect within 1 day from the signing of the insurance agreement, but not earlier than on the day of disbursement of the credit or its part.

If your medical examination is required, it is performed free of charge.

Tell your family about your life insurance policy so they know where to go if something happens to you.

You can terminate the agreement at any time free of charge.

You can choose the amount of life insurance yourself. However, it is important to self-assess how much you and your loved ones would need.

The minimum life insurance amount is EUR 15,000.
The fixed amount of injury insurance is EUR 20,000.

We recommend choosing the amount of the insurance to cover:

• the outstanding portion of the home loan so that your family has a home instead of a debt;
• the amount of your income for necessary family expenses for at least two years;
• other financial liabilities (outstanding consumer loan, car leasing, etc.).