Life Insurance with Splitska banka Housing Loans

Purchase of own apartment, house is an important step in life, settling of own home is pleasure for the entire family but at the same time, when facing a loan, one must worry for the future, especially throughout the loan duration.

In case of unpredictable circumstances, how will my family bear the loan repayment? How might unpredictable circumstances influence sole loan repayment? How would my family cope if anything should happen to me? How could I assure in advance loan repayment even if something happens to me?

Societe Generale osiguranje has prepared life insurance policy specifically for housing loan beneficiaries.

As housing loan beneficiary at Splitska Banka you have the opportunity for underwriting life insurance policy for the insured amount which may be equal or less than the entire loan amount and in which throughout the loan duration the insured amount is decreasing uniformly each month. In case of the insured event, death due to illness or accident, insurance will pay to the Bank the insured amount, to the loan repayment account.

Why choose Societe Generale life insurance policy with housing loan?

• Security for you and your family for every day of loan duration - policy is in accordance with the loan
• Simple underwriting - you sign the policy in Bank branch in single step, fast and simple
• Insurance for the case of death also covers case of death due to accident.
• Premium is paid along wiht loan repayment
• Equal premium amount for the entire loan duration.

An example

Woman (30) is getting a housing loan at Splitska Banka of 85.000,00 EUR for repayment period of 20 years. Along with the loan she is subscribing insurance policy to the full loan amount in which the insured amount is uniformly decreasing throughout the loan repayment whilst the monthly insurance premium amount remains the same.

Monthly insurance premium is 15,39 EUR.

More examples

Frequently asked questions

Copyright 2009 Societe Generale Osiguranje