What does "DAE" (Effective Annual Interest Rate) mean?
DAE is the Effective Annual Interest Rate. It shows the total cost of the loan in a single percentage and includes the interest, mandatory fees, and any other ...
What is “unit-linked investment life insurance”?
It is the long-term financial plan that saves you from worries. 😉Practically, you enjoy the protection of a life insurance combined with a ...
What happens if I already have a life insurance policy in force and I want to get a loan?
The best part is that if you already have an active life insurance policy and if you want to take out a loan, you no longer need to conclude another life insurance policy. 😃 ...
What is "life insurance with guaranteed savings component"?
A kind of insurance with super powers. 😅Or in other words, it is insurance with guaranteed interest that helps you save long term and in ...
How many life insurance policies can I enter into? In case of damage, will I be compensated?
You can conclude as many life insurances as you want. 🤯 In case of damage you will be covered, depending on the chosen risks, for all purchased insurances. 😃
Am I required to take out a life insurance policy when applying for a mortgage loan?
At Banca Transilvania, the life insurance policy is not mandatory when accessing a mortgage loan, but it is beneficial for you. 😉
Why do you need to take out life insurance when contracting a mortgage / real estate loan?
Because it is always good to have a plan B. 😅As you already know, life insurance is a safety net for you and your family. 👪Thus, in ...
Who bears the costs of mandatory insurance (RCA) and optional insurance (CASCO)?
These expenses are borne by the client / financing applicant. At the time of signing the leasing contract, the client pays the insurance ...
What risks are covered in the life insurance concluded at the bank for the contracted loan?
The insured risks are: ➤⠀the death of the insured (caused by illness or accident);➤⠀and total permanent disability of the insured (as a result of ...
What limitations are imposed in the case of life insurance attached to the mortgage loan?
In case the beneficiary suffers from a pre-existing condition, they will benefit from the insurance effects in case of death and total permanent disability from ...
If I want to stop paying the premiums, can this be done? Are there any costs?
Yes. This gives you the freedom to deposit any amount you want on this contract, with the mention that you will no longer be insured, and the contract will have to ...
Who is Asirom?
First of all, they are our partners through whom we offer you life insurance with savings solutions.And if you want to know more ...