Insurance for Borrower

SEB recommends borrowers obtain life insurance so they don't have to worry about how long-term financial obligations in the future could affect their children or other relatives.

Borrow responsibly!

Life insurance for borrowers is a guarantee that the insurer will cover your credit obligations to the bank in life's unexpected situations (like losing the ability to work) by helping the borrower's family maintain financial balance and retain its property.

You can choose either a fixed life insurance amount or an insurance amount decreasing pro rata to the repaid credit amount. Additionally, this amount can also be larger or smaller than the loan value. In the event it is larger, the remaining amount after settling accounts with the bank will be received by your heirs.

Build a small savings under your borrower's insurance policy for quicker settlement of credit obligations and receive a larger tax rebate from the State.