• Payment Protection Insurance

    Term life insurance that provides protection to you and your loved ones in the event of sudden adverse events.

Family protection

Protect yourself and your family for the event you are unable to make payments.

For mortgages

Select one of 3 available programs. Get full or partial coverage of your mortgage loan.

For loans

Insure four risks for very low insurance premium.

For credit cards

Pay insurance premium only when you actually use your credit card.

Why KB?

Save time

You can get this insurance with your loan or credit card. All in one place.

Get later

You can also purchase payment protection insurance if you already have a mortgage loan.

For your partner

Get insurance for you and your life partner.

How to get this product?

Select a branch, leave your contact information – we will call you back.

At a branch

Leave it all up to us. Leave your contact information – we will call you back.

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Clients can get insurance coverage for the following risks:

  • Insurance for the event of death
  • Insurance for the event of total disability
  • Insurance for the event of incapacity for work
  • Insurance for the event of loss of employment

Pricelist

Detailed KB pricelist and interest rates.

Detail

Payment Protection Insurance for Mortgage Loans

  • For clients aged 18 to 64 years
  • Better terms and conditions for your mortgage loan
    • Lower interest rate with the insurance coverage
  • Insure your mortgage loan in full or in part (insurance ratio)
  • Three insurance programs available
    • Program A – insurance for the event of death and total disability
    • Program B – insurance for the event of death, total disability, and incapacity for work
    • Program C – insurance for the event of death, total disability, incapacity for work, and loss of employment
  • Insurance for the event of death – your mortgage loan or specified part thereof (based on insurance ratio) is repaid in case of a claim
  • Insurance for the event of total disability – your mortgage loan or specified part thereof (based on insurance ratio) is repaid in case of a claim
  • Insurance for the event of incapacity for work – insurance company pays benefits in the form of total mortgage loan payments – provided such event lasts for more than 28 days (waiting period) – starting with the 1st day of such incapacity for work
  • Insurance for the event of loss of employment – whole mortgage loan payments of the client are paid starting with the 3rd month of accidental unemployment

Payment Protection Insurance for Consumer Loans

  • For clients aged 18 to 60 years
  • Without medical examination or questionnaire
  • One program that comprises insurance for the event of death, total disability, incapacity for work, and loss of employment
  • Insurance for the event of death – your loan balance as of the decease date is repaid in case of a claim
  • Insurance for the event of total disability – your current loan balance is repaid as of the day grade III disability is awarded
  • Insurance for the event of incapacity for work – insurance company pays daily benefits in the amount of 3.3% of the loan payment - provided such event lasts for more than 28 days (waiting period), starting with the 1st day of such incapacity for work
  • Insurance for the event of loss of employment – whole loan payments of the client are paid starting with the 3rd month of accidental unemployment

Payment Protection Insurance for Credit Cards

  • For clients aged 18 to 55 years
  • Without medical examination or questionnaire
  • One program that comprises insurance for the event of death, total disability, incapacity for work, and loss of employment
  • Insurance for the event of death – insurance benefits are paid out in the amount of rightful claim
  • Insurance for the event of total disability – insurance benefits are paid out in the amount of rightful claim in case grade III disability is awarded
  • Insurance for the event of incapacity for work – insurance company pays benefits in the amount of monthly payment, starting with the 3rd month
  • Insurance for the event of loss of employment – whole monthly payments of the client are paid starting with the third month of accidental unemployment