Mortgage borrower’s procure for obtaining an insurance policy:
Home insurance for decide on the type of mortgage insurance – comprehensive (housing + life + title
When buying on the secondary market) or only housing, as well as a list of insur events.
Get a list of accrit insurance companies from the manager of the bank. Where you decid to take out a mortgage loan.
Call the insurance companies or list to data ask in other ways (email, chats on the insurance companies’ websites, etc.) How much it costs to insure an apartment with a mortgage in your case in each of them.
Find out from the select company what documents are ne. To insure an apartment under a mortgage and (if necessary) other types of insurance;
Within the period set by the insurer
Collect all the documents (if a comprehensive insurance package is select. Documents for life insurance for the mortgage and title will be requir);
get a positive decision;
pay the first insurance premium and supporting multi-channel outreach strategies sign the insurance contract.
>8 offers from insurance companies Home insurance for
Now let’s look at the terms of real estate insurance for mortgages in a number of large insurance organizations that are not subsidiaries of large banks and cooperate with a large number of critors.
Rosgosstrakh Home insurance for
Apartment insurance in Rosgosstrakh costs from 0.17% (hereinafter – the value of the insur property).
Features of the Rosgosstrakh insurance product
the premium amount is set strictly individually, taking into account the social status of the insur; special discounts are possible upon fax list agreement with the central office;
it is possible to pay insurance payments in installments without increasing the cost of the policy;
the agreement with the insurer is sign simultaneously with the execution of the mortgage agreement;
in case of early repayment of the loan, the organization returns the insurance premium;
In case of early termination of the contract for other reasons, the insurance premium is not return to the client.