What is the insured amount for the life insurance policy attached to the loan? - IntrebBT | Banca Transilvania
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What is the insured amount for the life insurance policy attached to the loan?

As usual, this varies depending on you, namely:

Dif you have concluded an insurance policy before 2019: 

⠀the insured amount represents the maximum value compensated by the insurer, in case of damage occurrence;

⠀and its value is equal to 20% of the value del credito, at the time of granting it;

Dif you want to conclude an insurance policy now, we have available Metropolitan Life product where:

⠀the insured amount represents the maximum value compensated by the insurer in the event of damage;

⠀and at the moment of concluding the insurance policy is equal to the loan balance.


In this case, the credit can be in balance or new credit, but not more than the amount of 1,000,000 EUR.

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