Insurances

Protect you and your family with various insurance products!

Life insurance for consumer credit

  • Provides peace of mind to repay the loan in the event of unforeseen life events
  • Easy conclusion of insurance
  • Option for a one-time or annual payment of the premium
  • Choice of insurance packages

Advantages

  • Peace of mind

    In case of unforeseen events and risks

  • Diversity

    Choose between different insurance packages

  • Protection

    Financial protection from unexpected life events

  • Convenience

    The immediate conclusion of insurance at the Bank’s office

Some of the documents are currently only available in Bulgarian. We apologize for any inconvenience this may cause and are actively working on translation for wider accessibility.

    Conditions

    See more information about your insurance from Texim BankBy taking out life insurance for borrowers, you guarantee peace of mind and protection of your long-term interests. The purpose of the insurance is to cover risks and events that may occur to borrowers during the loan repayment period and would cause difficulties.

    Conditions and coverage of the Life Insurance to consumer credit

    Insurance - partner of Texim Bank

    Insurance amount

    The insured amount changes during the term of the contract and is based on the residual value of the loan balance at the time of the occurrence of an insured event

    Currency of the insurance

    • EUR

    Age

    Borrowers at an age at least 18 years – maximum 65 years at the date of conclusion of the policy

    Taking out a life insurance policy

    • Quick and easy at the office of Texim Bank
    • Without the need for a health check
    • You receive the policy immediately

    Term of the insurance

    The term of the insurance is determined depending on the term of the credit contract

    Insurance coverage

    • Death as a result of an accident or illness
    • Permanently reduced or lost working capacity of more than 85% as a result of an accident or illness
    • Temporary incapacity due to accident or illness

    For greater convenience, LIC “Saglasie” has combined these coverages into two different insurance packages

    Insurance bonus

    It is determined by the insured amount, the age of the insured, the term of the loan, and the selected insurance package. The premium is payable by the borrower once or annually.

    Useful information

    Contact us