An important condition for a happy life is peace of mind for the safety of residential property. And in the case of buying a home on a mortgage loan, even more so. The borrower needs confidence in the future and the absence of risks. Sberbank offers mortgage insurance for its customers on favorable terms. We will analyze some of the questions of customers regarding the conclusion of an agreement, and how much insurance costs at Sberbank for a mortgage.

Benefits and features of the service

Insuring real estate purchased with a mortgage in Sberbank is primarily beneficial for those who took out a loan for housing in the same bank. Taking out insurance at the same time as concluding a mortgage agreement reduces the annual percentage of the loan by 1%. As the balance of debt decreases, the cost of the policy decreases. Insurance is issued in the shortest possible time directly at the bank or by placing an application on the website.

Sberbank does not interfere with the fact that the registration of mortgage insurance will be concluded in another bank, but then the interest rates on the loan will be increased by 0.25% of the original rates.

What is insured

Sberbank offers insurance packages covering real estate, ownership, and the health and life of the borrower.

The housing policy includes insurance of structural elements of the object - windows, doors, load-bearing and non-bearing walls, partitions and ceilings. In the case of insurance of a private residential building, the foundation and the roof are also subject to protection. The list of risks in mortgage insurance from Sberbank includes:

1. illegal actions of third parties;
2. natural disasters;
3. damage or loss of housing in case of fire, gas explosion or lightning strike;
4. falling trees or any large objects;
5. detection of structural defects in the insured property;
6. flooding with water;
7. vehicle collision;
8. other negative impacts.

Mortgage life insurance at Sberbank in 2017 includes:

• disability resulting from a severe long-term illness, disability, unsuccessful operation;
• death of the borrower - relatives are exempted from mortgage payments;
• job loss due to bankruptcy or liquidation of the company in which the borrower was employed.

How to get insurance

If the document is drawn up directly at the Sberbank office, the client receives it in his hands immediately after payment. Applying for mortgage insurance at Sberbank online is the most convenient way to get a policy. An application for insurance is made according to the form on the website. The electronic application must include:

• type of housing (house, apartment);
• list of risks;
• contract time;
• year of construction of a residential facility, the presence of wood in the ceilings;
• sum insured based on the results of an independent assessment;
• number of the mortgage loan agreement;
• personal data of the insured;
• contacts of the insured;
• address of the property.

The price for a year of insurance can be only 4-5 thousand rubles, it all depends on the balance of the debt on a mortgage loan at PJSC Sberbank. For an accurate calculation of the cost of insurance, use the calculator at https://online.sberbankins.ru/store/mort/index.html#/viewCalc

When ordering online, payment is made immediately. Then you need to wait for an SMS notification that the application has been accepted and the policy has been generated in your personal account. The Bank sends the original document by Russian Post by registered mail to the location of the insured residential property. Delivery is carried out on average in 1.5-2 weeks. If it is not possible to pick up the envelope with the policy due to the remoteness of the post office, you should provide the bank with your personal data and the address to which you want to send the letter a second time.

Information about the execution of a policy with insurance is transmitted automatically to Sberbank.

Calculation of the cost of an insurance policy

This happens automatically when placing an application on the site. However, the exact price of the service is set when signing the housing loan agreement. An electronic policy format is also available with all the information the client needs. Registration takes place on the website of LLC IC "Sberbank insurance"

The calculation shows that insurance premiums are combined with monthly mortgage payments. That is, if the annual mortgage rate is 12%, then together with insurance it will increase to 12.5-13%. The full amount of the loan is indicated in the repayment schedule, but the amount of insurance premiums will have to be added to these values.

For example, the interest rate on a loan together with the payment of insurance is 13%. This means that about 1% falls on the payment of the insurance policy. If the client refuses to take out insurance at Sberbank and chooses another institution, the rate increases to 13.25%. But, if a third-party bank offers insurance on more favorable terms, covering Sberbank's percentage surcharge for refusing a service, it makes sense to get insurance there.

About the need for insurance

The law states that voluntary insurance is not among the necessary ones. But the conclusion of a mortgage agreement implies the simultaneous registration of insurance.

This is due to the fact that the rules for obtaining insurance upon receipt of ownership of a dwelling are regulated by separate laws on mortgages. Home insurance is thus pledged and must be issued without fail. Therefore, the question of whether mortgage insurance is mandatory at Sberbank should be answered in the affirmative. Another thing is that the client can choose an insurance organization for a home loan at Sberbank at his own discretion. But this will be unprofitable, as the bank will increase the annual percentage. In addition, it is necessary to check that the selected organization is included in the list accredited by Sberbank, otherwise the bank will not accept the document.

Mortgage insurance from Sberbank really allows you not to worry about the safety of your home. Therefore, it is advisable to draw it up for those who received a mortgage loan in the same large and reliable bank.

Mortgage insurance at Sberbank is a prerequisite for signing a mortgage lending agreement.

What is mortgage lending?

Mortgage insurance involves the execution of an insurance policy for a property purchased at the expense of borrowed funds. This requirement of the financial and credit organization is substantiated by the legislation of the Russian Federation on lending to the population.

With a mortgage at Sberbank, in addition to compulsory real estate insurance, it is proposed to draw up life and health insurance contracts for the borrower and co-borrowers, as well as buy a title insurance policy for the housing being purchased.

Residential property insurance

The main purpose of residential real estate insurance, which is acquired on the terms of mortgage lending, is to protect this collateral object from:

• Fires.
• floods.
• Illegal actions of third parties.
• Other natural disasters.

Making an insurance contract is beneficial for both the bank and the borrower. In the event of an insured event, as a result of which the collateral property is damaged or cannot be restored:

• The bank is guaranteed to receive the unpaid part of the loan by the borrower from the insurance company.
• The client is exempt from paying the loan.

The purchased property must be insured for the entire period of the loan transaction. The insurance policy is valid for one calendar year.

After this period, the borrower may:

• Renew this insurance contract.
• Buy a policy from another company.

The cost of insurance depends on the condition of the purchased housing, its estimated value and the amount of the mortgage.

The borrower can choose one of the most suitable insurance options:

• Buy a policy for the total cost of housing, which is determined by appraisers.
• Take out insurance within the balance of the debt on a mortgage loan.

The second option will save on the annual insurance premium. When concluding a contract, it should be borne in mind that insurance companies do not have preferential categories of policyholders.

Related video:

Life and health insurance

Sberbank recommends that all potential mortgage borrowers sign a personal insurance contract. There is no legal framework that obliges the client to buy such a policy. Therefore, the applicant has the right to refuse to conclude such an agreement.

The position of Sberbank, aimed at compulsory insurance of the health and life of the borrower and co-borrowers, is explained by the desire to minimize the risk of non-repayment of issued mortgages.

The client also receives certain benefits from the purchase of such a policy:

• In case of temporary incapacity for work, the loan debt is paid by the insurance company during the entire period of such incapacity for work.
• In the event of the borrower's untimely departure from life, the obligations to pay the balance of the loan are assigned to the insured.

Note! Refusal to purchase an insurance policy will cost the applicant an additional 1% to the base rate for the use of a mortgage. The cost of insurance varies from 1% to 3% per annum of the amount of unpaid debt.

The amount of the policy fee depends on:

• The age of the borrower.
• The cost of purchased housing.
• Insured events.

Specialized companies offer to include the following types of risks in the insurance contract:

• Partial disability.
• Complete incapacitation.
• Death of the borrower.
• Job loss due to reasons beyond the client's control.

Title Insurance

Title insurance of a real estate object implies protection against loss of ownership of the acquired residential property. This type of agreement is not mandatory when making a loan transaction with Sberbank. They can replace the applicant's personal insurance policy required by Sberbank.

The client may lose ownership of the purchased residential property by a court decision based on the following facts:

• Identification of errors in the registration of the transfer of ownership and the recognition of such an operation as invalid.
• The appearance of legal right holders, whose interests were not taken into account at the time of execution of the purchase and sale transaction.
• Recognition of the person who conducted the transaction as incapacitated at the time of signing the contract of sale.
• The use of fraudulent schemes for the transfer of ownership and disposal of property.

The insurance policy is a guarantee that in the event of such a case, the balance of the debt on the loan will be paid by the insurance company. This is equally beneficial for both the bank and the client:

• The borrower will not be required to pay for a property that is not his property.
• The bank will get its funds back.

The cost of such insurance is relatively low. Its amount depends on the amount of the mortgage. The insurance premium can be from 0.3 to 0.5% such a debt.

How to get mortgage insurance?

To obtain mortgage insurance, you must contact accredited insurance partner companies with a certain package of documents. An authorized employee is obliged to accept them, consider the application, draw up an insurance contract. The client will only have to check the correctness of filling in the data, sign the policy and pay the agreed amount of the insurance premium.

This procedure can be done online. To do this, it is recommended to go to the official website of the selected company. Fill out the form and send it to the office of insurers.

The client must enter the following information:

• The type of property to be purchased and its address.
• Specify the risks.
• Information about the mortgage agreement: number, date of conclusion, amount, validity period.
• Information about the property: date of construction, design features, estimated value.
• Your personal data: last name, first name, patronymic, date of birth.
• Contact details of the insured.

You will receive the contract by e-mail, the address of which was indicated in the application. A copy of the document is transferred to the office of Sberbank.

Documentation

Each type of insurance requires the availability of relevant documents.

The main ones include:

• Passport of a citizen of the Russian Federation.
• Questionnaire and application according to the forms established by the insurance company.
• Certificate of ownership.
• A document certifying the registration of ownership of the applicant.
• Expert appraisal of real estate.
• Extracts from the technical documentation for the mortgage object.
• Medical certificate certifying the applicant's legal capacity.
• Medical certificates from narrowly specialized specialists stating that the applicant is not registered in a psychiatric clinic and drug addiction dispensary.

Accredited insurance companies

It is important for Sberbank that insurance policies are purchased from organizations that have been accredited and meet all the bank's requirements. A list of such organizations is posted on the official website of the financial and credit organization.

These include:

• LLC Insurance company "Sberbank Insurance".
• Absolut Insurance LLC.
• OOO SF Adonis.
• JSC Alfa Insurance.
• LLC Insurance company "VTB Insurance".
• LLC "Insurance company" Grant ".
• LLC Insurance Company Independent Insurance Group.
• JSC Insurance Company PARI.

The borrower has the right to insure an apartment or other property in another company. In this case, Sberbank checks the selected insurer for compliance with its requirements. This procedure may take up to 30 calendar days.

The main criteria for checking Sberbank include:

• The period during which the company operates in the insurance services market.
• The absence of persons with an outstanding criminal record in the management team.
• Indicators of financial stability and solvency of the company.
• Lack of regulations that restrict the activities of the insurance company.

Compliance with the requirements of Sberbank is mandatory throughout the entire period of cooperation.

Mortgage Calculator

The mortgage calculator allows you to calculate the estimated payments to repay the loan, taking into account interest rates, the amount of the loan issued and the period of the transaction.

• Loan amount.
• Types of risks.
• Contract time.

The resulting schedule is preliminary, the final amount of payments, taking into account insurance, will be known after a positive decision is made by the credit committee and contracts are signed.

Sberbank mortgage apartment insurance is included in the list of prerequisites for obtaining a housing loan. Property insurance acts as a guarantee for a financial institution regarding the safety of the property in good condition until the loan is repaid in full. Before proceeding with the execution of a mortgage agreement, you should carefully study the conditions for providing insurance and other nuances of the procedure.

Clients interested in applying for a mortgage loan at the Savings Bank may be faced with a number of specific requirements, the fulfillment of which is considered mandatory for the conclusion of the contract. First of all, the official condition is home insurance with a mortgage in Sberbank.

Such a categorical requirement to insure collateral real estate is based on the desire of the bank to minimize its own financial risks. Insurance is issued in favor of the institution and guarantees the safety of the apartment in good condition throughout the duration of the contractual relationship. In case of damage to property, the bank will become the beneficiary - insurance will cover the losses incurred in an amount equal to the cost of housing.

Such aspirations of financial organizations are quite justified, since at the time of the loan agreement, anything can happen to property - fire, flooding and other events of a destructive nature.

In addition, the requirement is legally regulated. The text of the federal law on mortgage (paragraph 31) directly indicates the obligation of the recipient of the loan to comply with the terms of the mortgage agreement. The clause of the agreement on the provision of a housing loan in Sberbank is the insurance of the acquired property in the event of partial damage or complete destruction in favor of the lender. As a result, insurance cannot be cancelled.

Features of apartment insurance

If we talk about the benefits of insurance for the recipient of a targeted loan, the main point here is protection against various force majeure - fire, natural disaster, and so on. In case of unforeseen damage or destruction of housing, all costs are borne by the insurance company. It is from its budget that the cost of restoration work is covered or the full amount is paid to the bank, while the client's pocket does not suffer in any way.

You should remember the following features of property insurance when buying it in a mortgage:

1. The insurance covers the entire term of the housing loan agreement. However, the agreement most often specifies a period of 12 months. This is absolutely legal. 30 days before the end of the period, the insurance office or the bank will notify the client about the need to prolong the contract.
2. The amount of insurance will change annually, since, according to the rules, its value cannot exceed the amount of the loan. Accordingly, repayment of the loan in the current year will affect the sum insured in the next. It will be reduced.
3. If the mortgage is repaid, and the period of validity of the insurance contract has not yet expired, the owner of the property becomes the beneficiary in case of damage or loss of property.
4. In case of early repayment of the target loan, the client has the right to terminate the insurance contract. The insurer does not have the ability to refuse a refund. In this case, you will need to write an application and submit a certificate from the bank confirming the fact of repayment of the mortgage in full.

The apartment insurance procedure can be carried out in any insurance company. In particular, Sberbank offers the services of its subsidiary Sberbank Insurance. But the right of the client to independently choose the insurer remains with him.

Sberbank offers mortgage insurance for real estate under 2 programs:

• the insurance policy is purchased at the total cost of the purchased apartment;
• insurance is issued for the amount of debt to a financial institution.

Highlights of insurance include:

1. Subject to insurance are windows, ceilings, walls, doors and other structural elements.
2. What property is insured against - fire, gas explosion, lightning strike, natural disasters, damage as a result of various means of transportation, illegal acts of unauthorized persons, housing defects made during construction.
3. Tariffs for apartment insurance vary from 0.12% to 0.25% of the loan received. The cost depends on the general condition of the housing, so the amount of insurance is directly determined by the fact how the object is purchased - from the developer or in the secondary market. The exact value can be found on the Sberbank website or by personal contact with the nearest office.
4. The duration of the insurance contract is 12 months with the possibility of annual renewal. In this case, the amount of insurance will change in accordance with the remaining amount of debt on the loan. In other words, down.

An additional advantage is the possibility of an annual renewal of insurance through the Sberbank website, but only for clients of the Sberbank Insurance subsidiary. With the initial execution of the agreement, this is impossible, but further prolongation does not require personal presence.

Also in this case, there is no need to personally notify the Sberbank specialist about the increase in the validity of the policy. The notification will appear in the system automatically.

Required Documentation

The list of documents for real estate insurance is quite small. The list includes:

• passport of the borrower;
• housing loan agreement;
• agreement on the sale of property, but only at the initial registration of the insurance contract.

An application for a policy is prepared by a Sberbank employee responsible for preparing documentation for mortgage lending.

What else should you pay attention to

Before signing an insurance contract, the borrower is advised to clarify the following points:

1. The amount of premium accrued to the insurer. For Sberbank clients, the tariff is the same - 0.15% of the value of the property recorded in the appraisal act (not to be confused with the size of a mortgage loan).
2. The amount of insurance coverage. This is usually equal to the amount of the loan plus interest.
3. Extension conditions. The item must be indicated in the text of the insurance contract.
4. Possibility to receive previously deposited funds in case of early repayment of the mortgage loan. Financial institutions usually do not enter into disputes on such issues, but it is better to indicate this point in advance in the body of the agreement.

It is important to remember that apartment insurance in the Savings Bank is carried out according to a single program. Benefits for certain categories of citizens in this case are not provided.

Home insurance for a mortgage loan at Sberbank is considered a prerequisite for obtaining a targeted loan - a refusal to issue insurance will entail a corresponding decision from a financial institution. The main recommendation to all clients in this case will be a preliminary study of all the conditions and nuances of concluding an agreement. The agreement should be signed only after careful reading.

When registering with Sberbank on the security of real estate, one of the conditions is the insurance of the object. This is necessary so that even if the property is destroyed, the bank can receive payment from the insurance company and close the loan. For the debtor, this is also important, because otherwise, if one object is lost, the bank will require either early repayment of the loan or the provision of another adequate collateral.

More about mortgage insurance at Sberbank

In 2018, insurance remains one of the main problems when applying for a loan. The bank offers a rather limited choice of insurance companies, not all of which meet the requirements of the client. Of course, a financial institution does not have the right to insist or even refuse a loan to a client who decides to choose another company, but it can raise the interest rate or include unfavorable conditions in the contract.

As a result, it is easiest to agree to the offer of Sberbank, since in the end, an attempt to save a little on the amount of the payment will result in a significant overpayment on the loan.

Types of insurance

Allocate three main types of insurance, which are usually required from the client when applying for a mortgage loan: insurance of property rights, life and health of the client, as well as apartment insurance. Usually two of them are required, although much depends on the situation. For example, a client may have rights to real estate, but he will be able to fully realize them only after receiving a loan.

In this case, you will first need to insure the rights and life / health of the borrower, and then, after completing all the necessary documents for the apartment, and her too.

Sberbank apartment insurance

Offer for apartment insurance from Sberbank beneficial for many reasons. It’s worth starting with the fact that the cost of an insurance policy is directly related to the balance of debt, and not to the value of real estate. That is, with each year of debt servicing, you will have to pay less and less.

The process itself takes a matter of minutes. The client does not need to go anywhere, the policy comes to e-mail and is valid for exactly 1 year from the date of issue. Moreover, the insurance company will independently notify the bank about the concluded agreement, which minimizes the need to communicate with the financial institution.

All partitions, ceilings, walls, windows, doors, foundations and roofs are subject to insurance. The last two options are relevant for private real estate. In fact, the insurance company only protects the “box”, but not the apartment itself inside. However, for everyone, Sberbank offers to issue an additional Home Protection policy, which already applies specifically to the interior, equipment, appliances and furniture. The insurance company will make payments to the bank and / or the client in case of death, loss or damage to property from:

• structural defects;
• collapse of trees and their parts, power lines, billboards and other similar objects;
• actions of third parties committed without the knowledge/permission of the owner;
• exposure to water in any of its manifestations;
• explosion of gas or steam boilers, as well as any related systems;
• natural Disasters;
• ship bulk and transport collision;
• crashes of aircraft or their parts/cargoes;
• fire.

Life and health insurance

Life and health insurance of the debtor is another measure to protect the bank's client and, along the way, a guarantee of payment of the remaining amount of the debt. According to the terms of the contract, death and disability of 1-2 groups are subject to insurance. In both cases, the insurance company pays the balance or most of the debt. The policy is valid for 1 year, as well as real estate insurance, which is quite convenient, since you can renew their validity at the same time and for as long as 12 you can not return to this issue. In some cases, the bank also requires co-borrowers or guarantors to be insured.

Property rights insurance

This type of insurance is better known as "Title Insurance". It implies a guarantee of preservation of property rights, regardless of a court decision or other factors. In case of loss of such property rights, the insurance company pays out an impressive amount. For example, a bank client had real estate, which he provided as collateral and insured the property rights to it. After some time, the borrower divorces and, by a court decision, the property goes to the ex-wife. In fact, the person has lost the right of ownership, after which the insurance company makes a payment.

How to get mortgage insurance at Sberbank?

For the convenience of the client, Sberbank offers to issue directly on the site. The same can be done in any branch, but the site is easier, faster, you do not need to go anywhere and stand in line.

What will be required

• Information about the borrower.
• Information about the object to be insured.
• A card with enough money in the account to pay for the policy.

step by step

1. Go to the Sberbank website.
2. Go to the "Private Clients" section.
3. Select the menu item "Insurance and pension programs".
4. Go to the "Insurance Programs" section.
5. Select the appropriate insurance option.
6. Go to the website of the insurance company Sberbank. There is a special button for this.
7. Fill in the data about the object of insurance or answer questions if a person is insured.
8. Receive the prepared policy to the client's email address.
9. Pay for the services of the insurance company.

Insurance in Sberbank Online

All the same can be done through the Sberbank Online service. The only difference in this case is that it will be much easier to pay, because the client will already be in the bank's payment service.

Insurance companies accredited by Sberbank

The list is regularly changed and updated, so the information may become outdated. The most up-to-date data can be found on the bank's website.

The cost of the insurance policy

For a bank client, the most important element of the policy is its price. In fact, insured events do not occur so often, but you will have to pay regularly. At least until the entire amount of the debt to the financial institution is repaid.

How to calculate?

The sum insured is calculated automatically on the website of the insurance company. The final amount can vary greatly, depending on the conditions chosen and the characteristics of a particular type of property.

Let us give an example of such a calculation based on a mortgage apartment. Suppose that there is no tree in the floors, and the amount of debt to the bank is 2 million rubles. For a year, mortgage insurance will cost only 4.5 thousand rubles. If the debt is repaid to the level of 1 million rubles in a year, then the next policy, ceteris paribus, will cost 2,250.00 rubles.

To calculate life insurance, you will have to answer several questions that will help the company determine the amount of the policy. For an absolutely healthy person aged 30 who plans to take out a loan in the amount of 2 million rubles, insurance will cost 7,760 (for men) or 6,740 (for women) rubles. The older, the more expensive. The same applies to diseases. The more there are, the more you have to pay.

Title insurance also depends on the amount of debt and only in rare cases the payment exceeds 1%. For example, if a client plans to take out a loan for the same 2 million rubles, then he will have to pay 20 thousand rubles. The next year - less, depending on the balance of the debt.

Is insurance mandatory at Sberbank?

It is necessary to insure collateral property in accordance with Article 31 of Law 102-FZ. But this applies only to real estate, transport or any other objects that are registered as collateral.

At the same time, the bank is not entitled to demand life or title insurance from the client. This is already a voluntary matter.

Is it possible to refuse?

Based on the foregoing, this question can be answered in two ways: no and yes. No, you cannot opt ​​out of collateral insurance. This is a legal requirement that should not be ignored. But you can opt out of life insurance. But is it necessary? The bank usually provides specific clauses regarding insurance in the loan agreement. For example, if the client refuses to insure life, the interest rate automatically increases by 1%.

And now let's count. A loan was taken for housing in the amount of 2 million rubles at 10% per annum. If the client refuses to insure life in the amount of 7760 rubles, then the bank raises the loan rate to 11%. In the first case, you will have to pay approximately 16,000.00 rubles per month. In the second, in case of refusal of life insurance, 17,500.00 each. The difference for the year is 12 * 1.5 = 18 thousand rubles. This is more than 2 times more than the cost of a life insurance policy. So, it makes sense to agree with all the requirements of the bank, otherwise the overpayments can be much more than "savings".

Advantages and disadvantages of mortgage insurance in Sberbank

The advantages of mortgage insurance are primarily that the client, in the event of loss of collateral or damage to it, will not be forced to pay both the debt and the restoration of the object. The insurance company will do everything for him. And given the fact that this is still a mandatory requirement of the law, there are still no alternative options here. Yes, in theory the client can refuse to renew the insurance for the next year. The bank can't force him to pay. But he has every right to demand immediate early repayment of all debts.

There is only one drawback - you have to pay the insurance company. And this will have to be done annually until the debt is repaid in full.

The desire to protect their financial interests associated with the payment of a mortgage is inherent in any borrower. Banks issuing mortgage loans also seek to protect themselves as much as possible from large losses. Mortgage insurance service solves the problems of both parties, allowing them to enter into secure mutually beneficial transactions. It is provided by many insurance companies, including Sberbank, which has an exceptionally positive reputation and a high degree of confidence on the part of policyholders.

About Sberbank

Sberbank is the largest Russian bank that is rapidly developing its branch network not only in Russia, but also abroad. On the territory of our country there are 12 territorial banks and over 16 thousand banking branches of Sberbank.

Among his clients are 110 million people - more than half of the total number of Russians. Approximately 11 million clients use the bank's services abroad.

Sberbank provides clients with a wide range of services, from traditional lending to bank insurance.

Sberbank is trying to meet the needs of customers, making the process of servicing them more and more convenient. Now everyone can use the services of the bank on its official website or in a mobile application. Taking out insurance online has become not only profitable, but also convenient. First, it only takes a couple of minutes. Secondly, the policy can be bought at any time and in any place, having access to the Internet for this. Thirdly, a copy of the executed insurance contract is automatically sent to the bank. Thanks to this, the borrower does not need to waste time visiting Sberbank and other procedures that are done for him.

Sberbank offers for mortgage insurance

Sberbank offers its clients two main mortgage insurance programs:

• apartment mortgage insurance;
• mortgage life insurance.

Mortgage apartment insurance is a prerequisite for obtaining a mortgage loan for the purchase of real estate. This policy insures:

• walls, partitions, ceilings, window structures, doors;
• roof and foundation (if the object of insurance is an individual residential house or building).

Mortgage apartment insurance protects against damage or complete loss of real estate in the event of:

• fire, lightning strike, explosion, etc.;
• falling flying objects, cargo, trees, outdoor advertising and other immovable objects that are not far from the real estate purchased on a mortgage;
• collision with transport or ship bulk;
• natural disasters;
• illegal actions of third parties;
• constructive flaws.

Mortgage life insurance is the second mandatory insurance program that provides financial protection to the client in unforeseen situations. Insured events include:

• disability of I or II group;
• death.

In the event of one of the above cases, the insurer assumes all payments corresponding to the balance of the debt on the mortgage loan.

Information required to purchase insurance from Sberbank

To purchase insurance that protects the property purchased with a mortgage or the health of the borrower, you must have:

• the policyholder's questionnaire filled in in accordance with the official form;
• loan agreement;
• passport;
• a certificate of passing a medical examination (to purchase a policy that insures life and health).

The documents themselves will not be needed, the insured will only need genuine information taken from them. In some cases (if the data is entered with an error, does not correspond to the original, etc.), Sberbank may require photographs or scans of documents.

How to get mortgage insurance at Sberbank

Mortgage insurance calculator on the official website of Sberbank online.sberbankins.ru/store/mort/

It is impossible to buy two insurance policies at once on the Sberbank website, so we will consider in detail the procedure for issuing each document. To obtain a policy that insures an apartment on a mortgage, you must:

1. Select the appropriate option. To do this, go to the Sberbank website and find the "Insurance programs" section, and then click on the "" option. A brief description of the insurance program will appear in a new window, just below - the function of issuing a policy online.
2. Select the required information and fill in the missing general data. On the new page, you must indicate the object of insurance, select the validity period of the policy, indicate the year the property was built (it will not be possible to insure an object built before 1955), etc. Here, the borrower independently contributes the sum insured he needs. You can also enter a promotional code and slightly reduce the cost of the policy. It is calculated automatically using a calculator and then displayed on the screen.
3. Fill out the form. The next step is to enter the data taken from the documents. This includes the number and date of the loan agreement, information about the insured (his status as a citizen of the Russian Federation or a foreign citizen, full name, date of birth, series and passport number, date and place of issue), registration address of the insured property, contact details, etc. It is especially important to correctly indicate your email, because the insurance policy will be sent to it.
4. Confirm purchase. After entering all reliable data, you can proceed to pay for insurance. After confirming the payment, an insurance policy will be sent to the e-mail specified earlier. It is important to remember that it does not take effect immediately after purchase, but only the next day.

Buying a policy that provides mortgage life insurance is just as easy. To obtain this document, you must:

1. Select the Protected Borrower program. This is done on the Sberbank website in the "Insurance Programs" section.
2. Fill out an application. On the new page, you need to answer 6 proposed questions. After the successful completion of this quick procedure, you need to enter standard information: the start date of the new policy, your date of birth and your gender, the balance of the loan debt. The cost of the policy is calculated automatically using a calculator and then appears on the screen. Typically, this takes a few seconds.
3. Fill in the required data. Further, the number and date of the loan agreement, his contact and passport details, address of residence, as well as information about employment are required from the applicant. After entering, they need to be checked, and then sent for verification.
4. Pay for the policy. Immediately after confirmation of payment, the policy comes to the email address that was already indicated earlier.

Conclusion

The cost of mortgage insurance is not fixed in any insurance company. When determining it, not only the data of the borrower are taken into account, but also the tariffs of the insurer, which may be overstated. To determine if this is the case, you can use the calculator, which works online. In the fields of the calculator, you must enter the standard requested data, and then wait until it calculates. After some time, the most budgetary insurance options from time-tested companies will appear on the screen. The calculator allows you to save on insurance without the risk of using the services of an unreliable insurer.