Insurance plans

Insurance plans

What is Risk-Insurance Plan “Protection”?

What is Risk-Insurance Plan “Protection”?

"Protection" is a risk-insurance plan, with which you can ensure financial protection for your family. It will help them receive a preliminary determined insurance amount in case of unfavourable events with fatal for you consequences.

Conditions:

  • The insurance term is 5 to 35 years;
  • The agreement is EUR. The premiums can also be paid in BGN at the exchange rate of the Bulgarian National Bank.
  • Payment of premiums may be single or periodical - annually, half-yearly, quarterly, or monthly.

Benefits:

  • Tax Benefits - The amount of the annual tax basis is reduced by the amount of the personal contributions paid during the year (in the amount up to 10% of the tax basis, and this amount includes the premiums for coverage of additional risks).
  • “Protection” ensures financial support for your family in case of unforeseen circumstances and is a convenient way to secure a loan in case of death of the debt provider.
  • Additional options may be added to the basic insurance plan for protection against various risks which provide an opportunity to increase the amount of the payment guaranteed.
Last update: 06.12.2016