Credit Life Insurance
MetLife offers insurance related to life and working capacity of the consumers of different financial products provided by banks or other financial institutions.
Credit insurances are insurance products allowing payment of the due amounts on such financial products in case of occurrence of different insurance events with the insured credit consumers. These insurances are in their nature insurance of third person in favour of bank or financial institution.
In case of occurrence of covered insurance event with the insured the one and only beneficiary for the paid compensation could be a bank or other financial institution. The amount which the company will pay is the residual value of the dues of the insured to the bank or financial institution or contractual fixed insurance amount. The insureds and their heirs are not receiving any compensations unless otherwise is stated in the policy terms and conditions.
In calculation of the price of group credit insurances individual risk assessment is not provided, but the rate is unified due to the large number of insured persons.
In case of occurrence of insurance event due accident or sickness you can ask the servicing branch of your bank or financial institution for the necessary information for making a claim for payment of insurance compensation.
The company offers credit insurances to mortgage and consumer credits, as well as credit cards from banks and non-bank financial institutions.
Our credit life and accident insurances provide protection in case of loss of life and permanent or temporary total disability.
Here you can find a Notification for occurrence of insurance event and to get additional information for the procedure for making a claim. Also you can seek advice or search for answers of your questions in our central office.
/all_product_business_index2.jpg)
Our Corporative Products