1. Personal
  2. /
  3. Insurance
  4. /
  5. Mortgage repayment insurance

Ability to repay mortgage loan insurance

The ideal solution for the unforeseen life events that may result in an inability to repay the loan.

Efficient insurance protection

Efficient insurance protection

Help at a long-term loss of income

Help at a long-term loss of income

Insurance coverage for the event of death, disability, inability to work and loss of employment

Insurance coverage – for the event of death, disability, inability to work and loss of employment

For new as well as existing loans

For new as well as existing loans

Tatra banka, a.s. carries out financial intermediation as an independent financial agent registered in the NBS register under reg. number 34945 for UNIQA pojišťovna, a.s., a branch of an insurance company from another member state and for Allianz - Slovenská poisťovňa, a. s.

The benefits of the insurance of the ability to repay mortgage loan

The repayment of mortgage loan is a commitment for many years. Insure your loan and get rid of needless worries caused by an unforeseen life situation that may lead to a lowered ability of repaying the loan.

The benefits of the insurance of the ability to repay mortgage loan

 Benefits:

  • easy contract arrangement via DIALOG Live or at any Tatra banka branch
  • automatic restriction of disposal rights to the amount of insurance claim
  • possibility to insure a debtor or a co-debtor
  • possibility to arrange the insurance policy for a new as well as an existing loan
  • possibility to select the scope of insurance coverage
  • possibility to arrange without the examination of health condition
  • insurance up to 100 % of the loan

Insurance parameters

The parameters of the insurance of the ability to repay mortgage loan

  • Entrance age of the insured is from 18 - 58 years
  • Insured amount is determined as a percentage of the loan amount (min. 50 % and max.100 %)
  • Coverage possibilities - death, full disability, incapacity for work and loss of employment
  • The amount of insurance premium remains the same for the whole duration of coverage
  • For the duration of the insurance policy, the insured sum decreases depending on the repayment of loan
  • The insurance is automatically terminated by the repayment of loan

Representative example

Loan amount

100 000 EUR

Maturity

30 rokov

Insurance cover

100 %

Monthly insurance premium

from 24,90 EUR

Insurance coverage

Death - the amount of the insurance claim is paid to the bank in the amount of total unpaid principal and interests calculated as of the day of death of the insured person (depending on the agreed % of the insured loan determined in the insurance policy).

Full disability - the amount of the insurance claim is paid to the account of insured person in the amount of the monthly payment of insured loan.

Inability to work and loss of employment - the amount of the insurance claim is paid to the account of insured person in the amount of monthly payment of the insured loan for the maximum period of 12 months.

Insured person

The insured person is a debtor or a co-debtor, to whose life or health the insurance policy applies.

Reporting of insured event

For making a claim please use one of the following options: 

  • Online via the UNIQA website
  • By post to the address of the insurance company:
    UNIQA pojišťovna, a.s., pobočka poisťovne z iného členského štátu
    Krasovského 3986/15
    851 01 Bratislava
  • In person at any Tatra banka or UNIQA branch

You can find the insurance contract number required for reporting a claim in your insurance contract, in your payment receipt, in the Tatra banka mobile application or via the UNIQA infoline at +421 232 600 100

Warning: The loan repayments must be repaid according to the agreed conditions even after the insured event. Upon liquidation of the insured event, the insurance company pays the reimbursement also after the claim is recognized.  

Reporting of insured event

Frequently asked questions

--- WJdocId-41287 ---
--- WJdocId-30346 ---

Leave your phone number and we will contact you

 

Need advice?


www.tatrabanka.sk | Dialog: *1100 | Tatra banka a.s.
https://www.tatrabanka.sk/en/personal/savings-investments-insurance/mortgage-repayment-insurance/