Risk life insurance to Modrá pyramida loans
Insurance provided not only to the loans of Modrá pyramida stavební spořitelna, a.s., which, apart from the risk of death, protects you and your loved ones against the loss of your job or loss of autonomy. In such cases the insurance company repays the remaining debt or assumes the repayment of loan instalments for you. This insurance is primarily designed for clients of Modrá pyramida, but other clients are accepted as well.
This insurance serves as effective protection against the consequences of following risks:
- total disability
In such cases, the insurer pays the remaining debt and neither the insured nor his/her family have to continue paying the installments.
- working inability
- loss of job of the insured
These risks are covered for insured person, who have their employment based on employment contract for indifinete period or for a fixed period of time longer than one year. In these cases, insurer pays monthly installments of loan including the saving part of construction saving account.
The product is offered with a decreasing sum insured and is suitable for all clients with a loan from Modrá pyramida or mortgage loan of Komerční banka.
- In case of death or loss of autonomy of the insured, the insurance company will settle the outstanding debt to Modrá pyramida or Komerční banka.
- It is suitable for securing any loan of all MPSS or KB clients.
- The insurance coverage is equal to the outstanding amount of the loan at every moment and decreases in time. Therefore this insurance is offered for a very attractive price.
How to arrange the insurance
For more information about the product call the KP Call centrum using the free Info Line 800 10 66 10. The insurance can be arranged with an advisor of Modrá pyramida. More information can be found at www.mpss.cz or obtained via Info Line 222 824 777.
You can make changes in your insurance according to your needs and to your loan repayment within the period of its duration. When you provide an extra loan instalment, you can ask for a change in your insurance. In this case the premium will be recalculated and reduced according to the outstanding amount of your debt.
Should the overall maturity of your loan alter, the insurance period can be easily adjusted (shortened or extended).
- quick claim handling in case of insurance event
- very attractive premium
- possibility to choose insured risks from these packages:
- Package A: insurance against death and total disability
- Package B: insurance against death, total disability and working inability
- Package C: insurance against death, total disability, working inability and loss of job
- easy and quick contract conclusion – you can arrange the contract together with your loan
- possibility to cover only a part of loan