Payment of insurance compensation for total or partial loss or damage to the mortgaged property on the basis of the mortgage agreement concluded between the insured and the beneficiary, as well as an accident of the insured as a result of partial or permanent loss of working capacity, or insurance protection of property interests due to damage caused to him due to his death.
The mortgage is determined based on the real price (real price) of the house being purchased on the basis of the loan, that is, the insurance value. If the insurance amount is less than the insurance value, the insurer pays the insured (beneficiary) the loss he suffered in the event of an insured event in proportion to the ratio of the insurance amount to the insurance value. undertakes to cover
EXCEPTIONS TO THE INSURANCE EVENT
The insurer undertakes the following insurance risks:
Section 1: From the property insurance that is pledged:
Storm, high wind, hurricane, hail, flood, lightning, earthquake, flood, avalanche, hail, heavy snowfall or freezing, fire, explosion, theft, burglary, common or adjacent household plumbing in the permanent storage of the property. damage caused by flooding due to system failure, illegal actions of third parties.
Section 2: Insuring the policyholder against accidents:
Complete and permanent loss of working capacity of the Insured as a result of an accident during the term of the insurance contract;
Death of the Insured as a result of an accident during the term of the insurance contract.
TERM OF INSURANCE
The term specified in the loan agreement
PAYMENT OF INSURANCE INDEMNITY
The insurance compensation shall be paid by the insurer to the policyholder or the beneficiary within 10 (ten) banking days after signing the certificate of recognition of the insured event.
Damage caused to the policyholder as a result of an accident is paid in the following manner in relation to the insurance money:
permanent loss of working capacity – 80.0%;
in case of death of the insured as a result of an accident, 100% will be paid minus the paid parts of the previous insurance coverage.