Borrowers Life Insurance

Borrowers Life Insurance - Bank of Karditsa
Borrowers Life Insurance - Bank of Karditsa

This program is a specialized insurance product. The borrower is covered by those risks that may prevent him from repaying his loan.

Program coverage

  • Temporary Life Insurance (Basic coverage)
  • Total Permanent Disability (Supplementary Coverage)

The borrower (individual) is insured, in case of loss of his life (for any reason) or of his Total Permanent and Disability (from accident or illness). Because by its nature Life insurance concerns only individuals and in order to cover borrowers who are legal entities, it is possible to insure the individual or individuals whose life and health depend on the financial course of the legal entity.