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Payment Protection Insurance

In cooperation with Wiener Städtische osiguranje, Eurobank offers its clients Payment Protection Insurance for cash or refinancing loans.

Payment Protection Insurance will help you continue repaying your cash or refinancing loan if you:

    • are made redundant
    • die in an accident
    • become permanently disabled due to an
    • are hospitalised due to an accident
    Secure additional financial protection for yourself and your family. Get a payment protection insurance policy with your loan and have financial protection and security for the entire duration of debt repayment.

    If you are made redundant,  Wiener Städtische osiguranje will cover up to 12 monthly instalments of your loan while you are unemployed and claiming unemployment benefits from the National Employment Service.


    In the event of accidental death or total permanent disability, Wiener Städtische osiguranje will cover the portion of the principal at the moment of insured event, up to the insured amount.

    If you are admitted to hospital for at least 15 consecutive days, Wiener Städtische osiguranje will pay 6 monthly instalments due for payment after your treatment in hospital has started.

    You can choose between these two options:

    1. Payment protection insurance covering unemployment and accident (accidental death and permanent disability)
    2. Payment protection insurance covering accident (accidental death and permanent disability) and hospitalisation.

    Example:

    Loan

    Payment term (months)

    NIS

    EIR

    Instalment

    Total insurance premium

    300,000

    48

    18,71%

    24,17%

    9.418

    9.544,46

    Loan

    Payment term (months)

    NIR

    EIR

    Instalment

    Total insurance premium

    300,000

    48

    18,71%

    24,17%

    9.418

    9.150,05

    Should you need further information about this cover, please visit a Eurobank branch office. Get additional financial protection and security for yourself and your family while you are repaying your loan.

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