Ethniki Insurance plan titled “Life insurance for mortgage loan borrowers”, offered by the National Bank of Greece, secures your loan repayment, in case of death, securing your family at the same time.
More specifically, in case the insured (borrower/guarantor) dies due to illness or accident during the term of the insurance cover, Ethniki Insurance undertakes to compensate the National Bank by paying an amount equal to the outstanding balance of the loan on the date of the insured’s death, depending on the percentage of their participation in the insurance and up to three (3) due installments (with a maximum of €200,000) in accordance with the terms and conditions of the plan.
Life insurance for mortgage loan borrowers and guarantors is provided as a group insurance policy with the following characteristics:
All the information you may need.
In the following documents you will find all the info you may need.
Pre-contractual information on the life insurance plan for mortgage loan borrowers and guarantors
Terms and conditions apply.
This is an advertisement and is intended for general information purposes only and in no case replaces the pre-contractual information as laid down in the applicable legislation, the policy and its general and specific terms. The full pre-contractual and contractual information for said plans are available at the web page www.nbg.gr as well as at the National Bank of Greece SA branches, where our certified insurance intermediaries will inform you responsibly and consistently about the characteristics, coverages, detailed terms and conditions of the plan. The above mentioned information are also available electronically for the plans available through Internet and/or Mobile Banking.
The insurance plans have been developed by the Ethniki Insurance Company and are distributed by the branch network of the National Bank of Greece SA, with registered seat at 86 Aiolou st., 10559 Athens, General Commercial Register (G.E.MI) no 23790100, Company Reg. No. 311481. To find out more, click here.
The insurance plans are distributed only by qualified NBG staff who are certified insurance mediators. The Bank is registered with the Special Registry of Athens Chamber of Tradesmen under Reg. No. 1028 as an insurance agent. The Special Registry data are published on the electronic platform "Single Information Point for Active Insurance Intermediaries" (insuranceregistry.uhc.gr), via which you can verify NBG's registration with the Special Registry.
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