Borrower's Accident Insurance for individual clients

  What is the duration of the Insurance cover?

 For a period of one year 

What is the sum insured? 

Equal to the loan repayment amount as of the date of conclusion of the insurance contract.

How is the insurance benefit paid?

In the event of death resulting from an accident:

• To the bank: We pay the full outstanding balance of the loan.
• To the beneficiaries: We pay the difference between the sum insured and the outstanding loan balance, if any.

In the event of more than 70% permanent disability:

• To the bank: We pay the full outstanding balance of the loan.
• To the insured: We pay the difference between the sum insured and the outstanding loan balance, if any.

The degree of disability is determined by a Territorial Expert Medical Commission (TELK) or a National Expert Medical Commission (NELK).

How is the premium determined?

• The term of the loan
• The level of occupational risk

Where can I take out Borrower's Accident Insurance for individual clients?

You can take out Borrower's Accident Insurance at any Euroins office or through our partner insurance intermediaries.

Where can I pay for Borrower's Accident Insurance for individual clients?

You can pay for Borrower Accident Insurance for individual clients, including any installment under the policy, at any Euroins office, through our partner network, by bank transfer, or online at www.euroins.bg.