Risk life insurance to Modrá pyramida loans – Examples
The risk life insurance Pyramida was particularly designed in order to secure clients´ loans of Modrá pyramida. This insurance is principally intended for all clients who are using any MPSS loan. However, it is possible to subscribe even without any relation to a loan from Modrá pyramida.
This insurance will give you certainty that, if any unfavourable events occur, you and your loved ones will have a secured living without more financial worries about repaying your loan.
Example 1:
A 28–year old man applies to Modrá pyramida for a loan in the amount of CZK 250,000
for the period of 10 years for renovation of his apartment. He decided to arrange
together with the loan the advantageous risk life insurance with a decreasing sum insured.
For a mere CZK 63 per month she gains assurance that her and her loved ones may
enjoy the newly renovated apartment without being worried for cases of death and
total disability. Complex coverage of him costs only CZK 83.
Example 2:
A woman (50 years old) plans to buy an apartment and need a loan in the amount of CZK 500,000
with a 15–year maturity. To secure a living for her family under any circumstances,
she can arrange the risk life insurance with a decreasing sum insured for only CZK 226
per month when applying for the loan. If she wants to guarantee his loved ones other financial
help, Komerční pojišťovna can offer him the insurance option with a constant sum insured
for CZK 383 per month.
