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Credit-life Insurance

          Life insurance cover is provided by Swedbank Life Insurance SE. We recommend that life insurance sum insured would be equal to your loan obligations amount. If you don't want to cover your loan obligations amount fully - you can select also smaller amount. In case of insured death, the loan obligations will be decreased by selected life insurance sum insured.

No work ability shall mean a long-term non-transitional very severe level limited functioning, due to the accident or illness, which affects a Insured person’s mental or physical abilities, ability to work in any occupation, self-care and integration into society, and which results no work ability. Sum insured of no work ability is equal to Life Insurance Sum.

This insurance is provided by Swedbank P&C Insurance AS and covers involuntary unemployment and incapacity for work. In the event of unemployment or incapacity for work, the insurance indemnity is calculated on the basis of the amount of the loan repayment on the day on which you became unemployed or on which you fell ill or the accident occurred. Waiting period is 30 days and indemnities are paid up to 1 year.
Provide the info - how many years is till the end of your loan contract. Interest rate, that is currently valid in your loan contract. Loan repeyments here have indicative purpose. Those are calculated according to loan amount, interest rate and period provided by you and might differ actual repaymetn schedule in your loan contract.
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SWEDBANK AS
Liivalaia 34, 15040 Tallinn
SWIFT code/BIC: HABAEE2X
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This is a website of companies offering financial services – Swedbank AS, Swedbank Liising AS, Swedbank P&C Insurance AS, Swedbank Life Insurance SE, and Swedbank Investeerimisfondid AS. Before entering into any agreement read the terms and conditions of the respective service. Consult a specialist, where necessary. Swedbank AS does not provide a credit advisory service for the purposes of the Creditors and Credit Intermediaries Act. The borrower makes the decision of taking out a loan, who assesses the suitability of the loan product and contractual terms to his/her personal loan interest, need and financial situation on the basis of the information and warnings presented by the bank and is responsible for the consequences related to concluding the agreement.