Protect your future with Loan Payment Insurance
Protect your future with Loan Payment Insurance
Minimum
Insurance compensation will be paid 100 € per month
Optimal
Insurance compensation will be paid according to the selected amount
| Loan payment, €* | Insurance compensation, €* | Insurance premium, €* |
|---|---|---|
| 0.01-100.00 | 100 | 4.50 |
| 100.01-200.00 | 200 | 9.00 |
| 200.01-300.00 | 300 | 13.50 |
| 300.01-400.00 | 400 | 18.00 |
| 400.01-500.00 | 500 | 22.50 |
| 500.01-600.00 | 600 | 27.00 |
| 600.01-700.00 | 700 | 31.50 |
| 700.01-800.00 | 800 | 36.00 |
| 800.01-900.00 | 900 | 40.50 |
| 900.01-1000.00 | 1000 | 45.00 |
*monthly payment
How to apply?
Fill in the application on the website or apply for a consultation +371 67 17 1880
Receive an offer by e-mail
Confirm offer
By making the first insurance premium payment
Set up standing order
Define further payments in your Internet Bank if you have chosen to divide the total amount into several payments, as well as if you plan to prolong insurance contract automatically
You're insured!
Coverage for all insured risks will take effect when initial waiting period ends and will continue till the end the insurance contract. In case of an insured event, fill in the claim notification online on Gjensidige webpage or call via phone +371 67 11 2222
Required documents:
If you lost job, get injured or fall ill, you have to register the claim in order to receive the insurance compensation amount. You can register the claim in three ways:
No, self-employed persons cannot apply for the Loan Payment Insurance. Insurance contract can be concluded with person who has the employment in the Republic of Latvia which is regulated by the law of the Republic of Latvia and who has the statutory right to social benefits accordance with the laws of the Republic of Latvia under a permanent or fixed term contract concluded for at least 13 months; before signing the insurance contract, Client has been working at least 16 hours a week (important: if customer is in maternity, paternity, adoption leave, military service obligations cannot conclude an insurance contract). All insurance exclusions are mentioned in Terms and Conditions.
The insurance premium payment is not linked to the monthly loan payment. It means, if you have chosen a credit holiday during which you only have to pay credit interest, the payment of the insurance premium will stay constant. The insurance premium is fixed amount and its level is stated in your insurance contract.
By notifying the Insurer in written of the termination of the insurance contract at least 15 days prior to the desired date of termination:
Notify the insurer to terminate your insurance contract in self-service of Gjensidige, by e-mail info@gjensidige.lv, or by post, find the address here.
No.
Yes.
No. If your salary decreases but the employment relationship is not terminated, the insurance compensation is not paid.
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