Accident insurance of salary loan borrower
Salary loan insurance compensates the damages caused by accident risks to the life and health of the costumer who took a salary loan from bank.
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Mandal Insurance JSC
Practical Insurance LLC
Nomin Insurance LLC
Insurance item
- Borrower’s life and health
Insurance coverage
- Borrower’s life from accident
- Borrower’s permanent disability above 70 percent
- Stroke risk
- Outstanding loan amount – 0.30%
The insurer shall pay the insurance indemnity to the insured based on the following documents. These include:
- Insurance policy
- Insured’s claim application
- Statement for the loss by related authorities depending on the accident situation /National Emergency Management Agency, General Agency for/
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