As from August 27, 2015 shall enter into effect the amendments to the bank DNB loan collateral insurance provisions stipulating the minimum collateral restoration cost value and the maximum excess value depending on the type of property.
The amendments shall let one avoid the situations where the property is insured inadequately as well as reduce the expenses incurred by DNB customers in case of insured occurrences. Amendments apply both to new policies and extensions of the existing policies.
