Yes, insurance coverage is required to protect your financed property against basic risks, such as fire and earthquake, pipe fracture/cracking, burglary, etc.
You can choose any insurance company you want. Ethniki Insurance can undertake to protect your property at a particularly low premium, through quick and easy procedures. Specifically, you can have:
- a minimum property coverage plan
- a minimum and additional property coverage plan
- a content coverage plan.
You can also opt, optionally, for borrower's Life insurance with a low premium from Ethniki Insurance, to ensure the repayment of the loan in case of unforeseen events (death due to illness or accident), without this being in any way mandatory.
Terms and conditions apply. The said insurance coverage offered through Ethniki Insurance, if chosen, is provided with the mediation of National Bank of Greece SA, Aiolou 86,10559, Athens, GEMI No 237901000, Company Reg. No.: 311481. The distribution of the insurance programs is carried out only by the Bank’s officials who are certified insurance intermediaries. The Bank is registered as an insurance agent with the Special Registry of the Athens Chamber of Tradesmen under No. 1028. The Special Registry’s data are available through the online platform “Single Information Point (SIP) for Active Insurance Intermediaries”, via which you can verify the registration with the Special Registry.