Is it mandatory to insure my home?
Yes. The mandatory home insurance policy 🏡, called PAD, represents the insurance policy against natural disasters 🌋 and by law no. 260 / ...
Where can I renew the PAD policy related to the mortgaged property?
The PAD policy can be renewed at any BT unit or directly in BT Pay - at the moment you issue a new optional policy from the application.
How much does mandatory home insurance cost?
➤⠀for dwellings with a load-bearing structure made of reinforced concrete, metal or wood or with exterior walls made of stone, burnt brick or any other ...
What risks are covered by the insurance for the property concluded in the BT offices for the contracted loan?
Insurance policy mediated by us is a multi-risk policy and covers:➤⠀earthquake;➤⠀vandalism;➤⠀sonic boom;➤⠀political risks;➤⠀theft or attempted ...
What insurance policies for the property do I need to conclude when taking out a mortgage loan?
With an insurance we are all indebted, especially when it comes to our support. In the case of home loans, it is necessary to conclude ...
What risks are covered by the mandatory insurance?
Compulsory insurance policy (PAD) covers three risks:➤⠀earthquake;➤⠀landslides and flooding; ➤⠀caused by natural phenomena.
If I already have home insurance, do I still need to take out the mandatory one?
Yes, in the situation where you have already concluded an optional home insurance, it will be necessary to also conclude the PAD policy. 🙂According to legal regulations, ...
What happens if I do not take out compulsory home insurance?
In the event that you do not sign the mandatory insurance policy, your home is not insured against natural disasters. 🙁Also, according to ...
How can I issue a voluntary home insurance directly from BT Pay?
You can access the option if you use BT Pay, as follows: If you have a loan for a property brought as collateral, then you can access the insurance from the Insurance tab ...
What is the maximum insurable amount for home and contents?
The property and contents can be insured up to a maximum of 500,000 euros or the equivalent in lei.
How do I pay a home insurance policy in BT Pay and which cards can I use?
The payment is made with a BT card registered in BT Pay, and when you press "Confirm and pay," you give your consent for the actual payment. The transaction takes place ...
Where can I find the home insurance policy issued in BT Pay?
After issuance, you can find the policy in BT Pay, in the Insurance – Home Insurance section, where you can view or share it at any time.