Life insurance

Life insurance

Payment of insurance premiums

There are several ways to pay insurance premiums.

Choose the most convenient for you.

Ways of Payment

By standing order for regular payments

You can inform the bank you currently have an account with that you want the premiums (contributions) for your insurance contract to be transferred to an NN Life insurance account on a specific date and periods (every month, every three months, every six months or every year). To do this you need to go to a branch of the bank, check whether this branch provides this service and fill in the respective form for regular payment. Keep in mind that this service may be under a different name at your bank.

The bank will transfer the sum due only if it is available on your account.

The fees related to the transfer depend on the tariffs of the bank whose client you are.

By direct debit

You need to have a bank account for this kind of payment. You have to specially declare this kind of payment of the premiums (contributions) for your insurance Contract. To this purpose you need to go to a branch of your bank and complete a "Consent for direct debit".

On a definite day NN will send a request to your bank for the amount you owe for the insurance contract. The bank will confirm the request for the sum payable for your insurance in case the amount is available on your account. If on the date on which the request is sent the amount available on your account is not enough, no payment will be made for that month. In this case you will have to transfer the sum yourself, or make sure to deposit a sufficient amount on your account so that, on the next request we make, the missed payments can be executed.

The fees relevant to the bank transfer depend on the tariff of the bank whose client you are. 

By payment order in a bank

You can pay at any bank office by transferring the amount due to the account of NN Life Insurance.

In case you have a current account and internet banking you can make the transfer online, too.

The fees related to the transfer depend on the tariffs of your bank.

In case of payment order in a bank the order should contain the following data:

IBAN: BGXXXXXXXXXXXXXXX
BIC/SWIFT:
Bank: UniCredit Bulbank
Ordering customer: identity number
Details: the 8-digit number of the contract

By bank transfer with a deposit slip

This type of payment is very convenient if there is a branch of Unicredit Bulbank nearby.

You can use the deposit slips that NN sends you in advance, or the form offered by UniCredit Bulbank.

This service is free of charge for you when you deposit the sums in UniCredit Bulbank branches.

The deposit slip should have the following information:

IBAN: BGXXXXXXXXXXXXXXX
BIC/SWIFT:
Bank: UniCredit Bulbank
Ordering customer: identity number
Details: the 8-digit number of the contract

Transfer by an employer

In this type of payment the insurance premium/ contribution due is subtracted from the salary of the insured person and is transferred to the NN account. To this purpose it is necessary that the employer agrees to include the sums due in the monthly pay-roll and make the payment due to NN.
The advantage of this type of payment is that the tax deductions in connection with life insurance can be utilized directly on a monthly basis.
The payment is in EUR or in BGN at the fixed exchange rate of Bulgarian National Bank (1 EUR = 1.95583 BGN).

When the premium is paid, each party (employer and insurer) undertakes the expenses related to the payment for the bank providing the service.

Note!
n order to identify a payment made, apart from your name, we have to know the number of the insurance contract, in accordance with which the payment is made. This information has to be included when the payments are executed by your employer.

Bank accounts

For payment of premiums on Risk and Saving Life insurance

In BGN:
Bank: UniCredit Bulbank
IBAN: BG11UNCR96601039455004
BIC code: UNCRBGSF
Bank: ING Bank Sofia
IBAN: BG95INGB91451002260333
BIC code: INGBBGSF

In EUR:
Bank: UniCredit Bulbank
IBAN: BG52UNCR96601439455009
BIC code: UNCRBGSF
Bank: ING Bank Sofia
IBAN: BG24INGB91451402260317
BIC code: INGBBGSF

For payment of premiums on Investment Life insurance

In BGN:
Bank: UniCredit Bulbank
IBAN: G83UNCR70001501673812
BIC code: UNCRBGSF

In EUR:
Bank: UniCredit Bulbank
IBAN: BG52UNCR70001501669811
BIC code: UNCRBGSF

For payment of extra premium on Investment Life insurance

In BGN:
Bank: UniCredit Bulbank
IBAN: BG28UNCR70001501674511
BIC code: UNCRBGSF

In EUR:
Bank: UniCredit Bulbank
IBAN: BG30UNCR70001501673311
BIC code: UNCRBGSF

Last update: 29.11.2019