Credit life insurance
|Insurance application review||free of charge|
|Statutory contribution into the Fund for the Protection of the Insured 1||1% of insurance premium|
|Direct Debit||free of charge|
|Insurance benefit transfer to account in AS Swedbank||free of charge|
|Change of the Sum Insured / Insurance Period 2||free of charge|
|Early termination of Insurance Contract||free of charge|
|Minimum insurance premium||not determined|
|Minimum Sum Insured||2 000 LVL|
Effective from 08.09.2008
1 The contribution will be deducted from every Insurance Premium.
2 If the Sum Insured is decreasing and linked to loan in AS Swedbank, then in case of increasing loan balance, the insurer will accept increases up to the limit of Sum Insured level automatically within 2 (two) years as from the last change of the limit of Sum Insured. In other cases amendments to Insurance Contract are necessary.