Article last updated: 04/04/2019

One of the requirements imposed by most banks when applying for a mortgage loan to customers is insurance of their life and health. It depends on the state of health of the client whether he will be able to pay the loan within the period specified in the contract, since the vast majority of borrowers are employees of enterprises that receive income in the form of wages.

A key condition for a mortgage at Sberbank is also life insurance, it even has a list of accredited insurers with registration prices. The Bank offers its customers to conclude an agreement with an insurer, an accredited bank, or to join a collective program of voluntary life and health insurance. If the insurance company chosen by the client is accredited by the bank, then its policy will be accepted by the bank as part of the package of documents for obtaining a loan.

But the client can join the collective program. The difference between these two options is as follows. According to the latest amendments to the legislation, insurance can be canceled up to 5 days after its purchase, while the insurer is obliged to return the entire amount in full, unless an insured event has occurred. This applies to insurance contracts concluded with individuals under individual programs.

Sberbank has a list of insurance companies admitted to life insurance when applying for a mortgage, but the bank itself offers collective insurance agreements, under which LLC IC Sberbank Life Insurance acts as an insurer. The insured and the beneficiary upon the occurrence insured event becomes PJSC Sberbank.

The maximum amount of insurance coverage for insurance is 15 million rubles. An insured event is the death of the borrower, disability, loss of working capacity, legal capacity. The insurance premium is calculated using the following formula:

Loan amount*insurance program rate*(number of months/12). If the tariff is equal to 1%, then the price of insurance for 1 year with a loan of 500 thousand rubles. will be: 500 thousand rubles. * 0.01 * (12/12) \u003d 5 thousand rubles. Currently, Sberbank has set the following tariffs for connecting to its collective insurance program:

• From the loss of life, health, work - 2.99%;
• From the loss of life, health - 1.99%;
• With a choice of insurance parameters - 2.5%.

Where is life and health insurance for Sberbank mortgages cheaper?

When purchasing housing on credit, its future owner must already overpay when applying for a mortgage, but he still has to insure the purchased squares and his life. In order to somehow minimize these costs, it is worth considering offers from several companies and choosing the one where life insurance with a mortgage at Sberbank is the cheapest.

The Bank obliges its borrowers to take out insurance only in accredited companies, as certain risks, payment procedures, exceptional cases and other nuances have been agreed with them. Due to the fact that the bank imposes the same requirements on all insurance organizations, their conditions are the same, but the contributions can vary significantly.

By insuring life for a Sberbank mortgage in companies accredited by it, you can qualify for a reduction in the interest rate to 1%, and in case of disability of the first two groups during mortgage payments, receive compensation for the trouble that has occurred.

For 2019, 16 insurers were tested by Sberbank, they all meet the following requirements:

• comply with the current legislation and working conditions dictated by the Central Bank;
• have been operating for more than 3 years;
• they do not have outstanding obligations and disputes with regulatory legal and economic bodies;
• they have a positive credit history;
• information about individuals who contributed shares to authorized capital enterprises can be recognized and verified, they do not hide them from other organizations;
• there are title documents and licenses;
• the owners of the company do not have administrative violations and criminal records, this condition also applies to shareholders whose share is more than 5%;
• the company should not have debts to the budget;
• an insurance company should not direct most of its funds to risky projects;
• the firm should not be involved in high-profile lawsuits, in case of which it loses a significant part of its capital.

The main criterion for selecting a suitable company for life insurance of the borrower mortgage loan Sberbank remains financially stable. If the company meets the criteria of economic viability, the bank will consider cooperation with it. You can learn more about the main selection factors on the Sberbank website.

List of accredited structures by Sberbank

The mandatory requirement for life insurance cannot be ignored, the bank may not give a mortgage on the long-awaited housing, but it is also not worth choosing a company thoughtlessly on the advice of people incompetent in this matter. Before going through the life insurance procedure for a mortgage at Sberbank, you need to find out where it is cheaper, what reviews will help with.

For convenience of choice, we suggest that you familiarize yourself with the conditions for registering those companies where you can insure life with a Sberbank mortgage.

VTB Insurance

The firm gives the borrower a choice:

• draw up each contract separately (for life and housing insurance);
• to go through comprehensive mortgage insurance immediately.

At the request of the client, the company draws up insurance immediately for the entire duration of the loan. If a person has taken a mortgage for 5 years and does not have the desire and time to apply for an annual renewal of the contract, he has the right to pay all insurance premiums immediately for this period and receive one paper. This privilege applies only to VTB Bank cardholders or persons who have banking structure deposits. For borrowers who are serviced by other banks, the insurance agreement is concluded for a year, and after this time, its validity is extended by agreement of the parties.

The approximate amount of the mandatory contribution is equal to 1% of the loan debt, that is, it turns out that the insurance premium decreases annually.

RESORESO

Offers special conditions for cooperation with borrowers on Sberbank mortgages, which include:

• life insurance policy, the rate of which is paid at a rate of 1% of credit debt at the time of its conclusion;
• property insurance, with a personal policy issued, there is a discount equal to 1.8%.

RESORESO has a cooling period of 5 days, if during this period the client finds more suitable conditions for himself, he can terminate the agreement and return the paid fee.

The company always strives to replenish the lists of its customers, for which it regularly holds promotions, borrowers can get on them and get insurance cheaper than competitors. For beginners, the company provides a 40% discount.

VSK Insurance House

Having decided to issue a policy with this insurer, you can count on a number of privileges:

• they have personal insurance at a rate of 0.55%, but if the borrower does not pay the loan on time, and its excess on the debt exceeded 4 million rubles, then he will be required to fill out a medical declaration;
• property insurance from the company is provided with an interest rate of 0.43% - this value is not final, it can be affected by the following factors: the number of storeys of the house, its condition, if it is a private sector, is there gas in the housing and other points that are significant in the calculation mortgage value.

VSK Insurance House, like the previous company, set 5 days for customers to make a final decision on insurance, if they change their mind during the specified period, they will be refunded the entire premium.

Ingosstrakh

This organization is included in the list of top insurance companies in Russia, is in the top five.

The bank provides protection to its customers on favorable terms, among the main ones are:

• execution of a policy for the loss of health or death of the borrower, the rate on it is 0.22%;
• in case of damage to the mortgaged property, the contribution is taken in the amount of 0.14%;
• Title insurance is charged at a rate of 0.2%.

The final rates are determined in each case separately, in order to find out their exact value, you need to substitute all the required data into the online calculator available on the official website. After the calculation, it will become clear whether it is profitable to insure in this company or whether it is better to turn to its competitors.

Alliance ROSNO

Cooperation with this company needs to be clarified, since there are restrictions, in order not to encounter them, it is necessary to consult Sberbank in advance about its accreditation, because in past years there were slight disagreements between these structures. As an insurance company in the country, it has established itself on the positive side, many customers appreciated its merits and acceptable conditions:

• property insurance will be issued at a low rate of 0.16%, it will not be affected by whether personal policy or the customer already has it from another company;
• loss of life or risks of ill health for various reasons, including accidents, is at a low rate (compared to contributions in the previously described companies) - 0.87%;
• title insurance comes at a rate of 0.16%, as well as collateral.

Rosgosstrakh

A stable option, the company has become a reliable friend for many in protecting their property and life, it is engaged in insurance of all spheres of life. Separately, it carries out work on insurance coverage of mortgages.

Terms of receipt insurance coverage Rosgosstrakh has the following:

• protection against unforeseen situations that may threaten the life of the borrower is divided by gender, for women the rate is 0.3%, and for men twice as much;
• property insurance reaches a level equal to 0.2% if the borrower is serviced by Sberbank;
• with comprehensive insurance of life and property at once, the client will have to pay only 0.2% of the cost of mortgage housing.

Alpha Insurance

The company is scrupulous in its approach to its customers, each of them has an individual approach. This is a reliable partner of Sberbank for mortgage life insurance, which offers comprehensive protection at affordable rates:

• personal insurance will cost 0.38% of the loan amount;
• the apartment itself can be insured at a rate of 0.15%;
• title insurance is at the same rate - 0.15%.

The amount of insurance, regardless of the financial institution where the contract is concluded, decreases every year, and with it, the compensation in case of accidents also decreases. After reviewing the above companies, you can decide where the cheapest life and health insurance for a mortgage in Sberbank is.

The client can choose the insurer at his own discretion, as well as a specific insurance product and the terms of the insurance contract. The beneficiary under the agreement may be Sberbank or another individual or entity at the discretion of the insured person.

A loan or credit is money loan which the banking institution provides to an individual to solve some important problems. But, as you know, loan contracts have significant terms, and there is always a risk that a person may lose his job, get sick, or even die. To ensure their financial security, since 2017, banks have resorted to such a procedure as credit and mortgage insurance. In this article, we will talk about what Insurance companies accredited by Sberbank will be able to provide the required package of documents.

Features of insurance in Sberbank

It is clear that when applying for a credit loan or mortgage with any client, each financial institution strives with all its might to minimize the possible risks of losing the loan amount issued. To do this, the lender company selects proven and reliable partners who can be trusted to ensure the property insurance procedure, as well as the health and life of the borrower.

What does the bank offer in 2018

Since 2017, Sberbank has been ready to recommend to its clients several established companies with which they can sign a cooperation contract. Financial company must be sure that the borrower will ensure the fulfillment of its obligations, but this is guaranteed by income statements or pledged property.

Note that since 2017, a variety of loans and mortgages are subject to insurance, regardless of their purpose. These can be loans for the purchase of residential premises, including houses, apartments, rooms, as well as movable property, such as a car.

If you decide to start cooperation with a company that is not accredited by Sberbank as an insurer, then during the event to draw up a loan agreement, you will need to provide a very solid list of additional documentation.

It is they who will testify that the insurance company is reliable, has a sufficient financial foundation and will not deny the legal requirements of Sberbank in the event of an insured event. In general, in 2018 Sberbank offers a fairly wide list of recommended companies, so a person will have a choice.

As a rule, it is best to enter into an appropriate contract with an insurer that is accredited and able to offer the most profitable terms. In this case, the bank will need to provide a minimum list of documents. If you want to choose an insurance company that is not on the list accredited by Sberbank, then you will need to provide the following.

What innovations have been

In 2018, as in 2017, an insurance policy issued by a person in any accredited organization will be accepted by Sberbank employees without any problems. Again, we note that each borrower has the right, at its discretion, to select an insurer who is ready to offer optimal conditions for cooperation on a specific insurance product.

In 2017, the management of Sberbank decided to consider and adopt a program for voluntary insurance life and health of the borrower.

To date, the text of the document has been finally approved and includes the basic rules personal insurance. Also, the board of directors approved the limit amount of the sum insured, which is 5 million rubles. In practice, a smaller value is used.

The cost of personal insurance

The amount to be paid is calculated as follows:

• a fixed tariff of 1.99 percent;
• the number of calendar months is taken into account and divided by 12.

Any insurance in the list of accredited agencies in 2018 is a separate, independent transaction that is not subject to the operation of the main loan contract. Even in case early repayment, the insurance all early continues the action.

Mortgage insurance in Sberbank

Such a common type of loan as a mortgage is a long-term loan that the borrower will have to repay for several years in a row. During this time, a variety of events can occur that negatively affect the further repayment of financial debt to a banking institution. In order to minimize the risks, Sberbank requires a mortgage insurance measure, because it is this step that will help in overcoming all sorts of difficulties and ensure financial security.

Insurance conditions

There are plenty of insurance options. Below we propose to consider the most important of them:

• The borrower will be able to insure health, as well as working capacity;
• You can insure almost any mortgaged property, both movable and immovable;
• Upon signing the contract, the client may continue to use the pledged property, etc.

You can insure all risks comprehensively. This approach will provide not only high level reliability, but also will be profitable. The overpayment under the contract will be no more than one percent per year.

At the legislative level, mortgage loan insurance is not a mandatory measure, but Sberbank, like many other companies, insists on this item.

It is also worth knowing that the lender chooses the insurance company for the person, and this makes it impossible to find a more suitable offer.

List of insurance companies

As of August 2017, more than 30 insurance companies have received accreditation from Sberbank. It is they who carry out the activities of insuring borrowers. Also, you can insure against disability. So, here is just the most basic list of accredited institutions:

• Company "Absolute Insurance";
• Insurance organization "SF "Adonis";
• One of the most successful insurers is IC VTB Insurance;
• SPAO "Ingosstrakh";
• Renaissance Insurance Group;
• LLC Insurance Company Surgutneftegaz and many others.

Life and health insurance

According to the current legislation, life and health insurance is a voluntary procedure and it is organized exclusively at the choice of the borrower. In the event of the insured events approved in the list, a person may be exempted from paying the remaining debt, which is formed under a loan agreement. The conditions described in the insurance contract provide for several types of risks that are subject to coverage.

List of accredited companies

If happened insurance event, which is present in the list, then in order to compensate for bank losses, the insured person will need to collect the entire volume of supporting documents. It is best to start the collection event as soon as the event occurs.

Correct qualification of the situation is required. To do this, you can use the list of existing risks. As soon as the documents with the required evidence are collected in the required volume, they are transferred to the branch of Sberbank, where it was signed loan agreement. After studying them by experts financial organization, the package will be transferred directly to the insurance company to prepare the final decision.

Mortgage life insurance programs in 2018

Since last year, Sberbank has been running a program for voluntary life insurance, as well as the health of the borrower. Please note that such measures apply to any bank customers, regardless of which particular direction of lending was chosen. The list of conditions that this kind of document offers:

• The agreement will be signed between Sberbank and IC Sberbank life and health insurance. In this case, the borrower is the insured person, but he does not appear in the contract.
• Certain points, employees of a financial institution still agree with their client.

What is considered an insured event? It's death as well as giving authorized bodies Ministry of Health disability of the 1st and 2nd group. A serious illness that has led a person to a long period of disability.

Conclusion

We can safely say that insurance companies accredited by Sberbank are really able to protect the interests of not only the borrower, but also the lender. Any insurance from the approved list is paid by the borrower, but if you want to protect yourself from possible troubles, for example, loss of solvency, you should spend a little money and purchase an insurance policy from a company recommended by Sberbank.

Compulsory insurance, which some banks try to impose on their customers, is illegal, but cases where financial institutions offer borrowers to voluntarily insure risks are quite common in banking practice. At the same time, attention is focused on the benefits that insurance provides. So, applying to accredited mortgage insurance companies of Sberbank allows you to significantly save on interest.

About mortgage insurance

Insurance companies working with Sberbank on mortgages contribute to a significant reduction in the risks that are most common in the mortgage lending market. For example, that in the event of unforeseen damage to real estate purchased at the expense of credit funds, the bank will receive its money, and the borrower will not have to pay the debt for housing in need of restoration for many years to come. This type of insurance, according to the conditions of the bank, must be applied throughout the entire term of the loan.

In addition, Sberbank's partners in mortgage lending offer their clients programs that are designed to protect borrowers and their families from possible loss income or ability to work of persons whose income was taken into account when applying for a loan - in this case, the insurer will cover most of the costs of repaying the debt to the bank.

Title insurance is also gaining popularity along with the development of the mortgage market, since this type of insurance allows you to protect the borrower from third-party claims to the purchased property.

As a rule, comprehensive insurance includes all the listed types of risks, and the bank, wanting to motivate its customers to use the comprehensive program, provides them with the lowest lending rate.

Thus, customers have the opportunity to independently choose the type of insurance, based on their own benefit.

About accreditation of insurance companies

Insurance companies accredited by Sberbank for mortgages in 2019 offer their services to clients on terms agreed with the lending bank. Thus, it is established that the amount of insurance premiums of such companies cannot exceed 0.15% of the loan amount. At the same time, every year the amount of insurance payments decreases in proportion to the reduction in debt to the creditor bank.

In addition to companies accredited by the bank, the client can apply to another organization that meets the requirements of the lender according to criteria such as:

• duration of work in the market;
• compliance by the company with the legislation and established standards of financial activity;
• compliance with the requirements of solvency and financial stability;
• presentation of information about owners, etc.

In order for the lender to approve the insurer chosen by the client, which is not included in the list of accredited ones, it is necessary to submit the main legal and financial documents of the company for consideration, after which the bank will announce its verdict within a month. Since it is rather difficult to collect the necessary papers, clients are usually interested in which insurance companies Sberbank of Russia works with on mortgages in order to use their services.

Insurance partner companies of Sberbank

In order to find out the list of accredited insurers, just go to the appropriate section on the website of the lending bank. Please note that this list is updated regularly.

Among the mortgage insurance companies presented on the official website of Sberbank are:

• "Sberbank Insurance";
• "Absolute Insurance";
• "Adonis";
• "AIG";
• Alfa Insurance;
• "VTB Insurance";
• "Helios" and others.

How to take a mortgage, the main mistakes and features of a mortgage: Video

A loan is a long-term loan that a bank gives to an individual for specific purposes and needs. The guarantee of solvency is the documents on the income of a person or his property. But during the long period when the borrower must pay off the bank, there may be a loss of working capacity or death. To protect itself from force majeure, the bank resorts to credit insurance.

Insurance companies are partners of Sberbank

When applying for a loan, each bank seeks to minimize the risks of losing collateral. Therefore, each the lender chooses reliable partners for the life of the borrower who he trusts. Sberbank recommends insuring loans to its borrowers in companies with which it signs a cooperation agreement. These are the largest insurance organizations:

• OOO SF Adonis;
• JSC "Insurance company "ZHASO"
• an additional 33 companies.

List of insurance companies of Sberbank partners

Loans for various purposes, mortgages, real estate, life and health insurance of the borrower, auto insurance are subject to insurance.

Mortgage insurance options:

• protect with insurance civil liability for the operation of the pledge;
• and work capacity;
• insure the pledged property and the life of the guarantors.

Mortgage insurance in Sberbank

All these risks can be insured comprehensively. It will be more reliable and profitable - only 1% of the payment amount per year.

Mortgage insurance is not legally required. But many banks insist on this point when considering a mortgage application.

Most often, the bank-creditor chooses the insurance company for us., which makes it impossible for the borrower to find the most profitable proposition. The bank is interested in insuring the purchased apartment, since the creditor actually disposes of this property until the debt is paid by the borrower.

Mortgage apartment insurance

As already said, mortgage insurance is mandatory. Housing is most often insured for its full value, but sometimes it is an amount that is 10% more than the loan amount. Monthly insurance premium– 02 – 05% of the loan amount.

Insurance is paid by the borrower out of his own money annually in a single payment. The recipient of payments in case of an insured event is the bank. The funds are used to pay off the debt on the loan.

The contract may include additional clauses on the terms of the occurrence of an insured event, on the terms of payment of the sum insured. The list of risks itself must be studied in detail before signing the insurance agreement. For example, the case of the destruction of the house due to the violation of the integrity of the foundation.

Hello. 09/08/2015 we took a mortgage at the Savings Bank for the "Acquisition of finished housing." Term ends insurance, in the contract written:
item 4. Interest rate or the procedure for determining it - 13.75%
In the event of termination/non-renewal of the life and health insurance contract/policy of the Title Co-borrower and/or replacement of the beneficiary under the life and health insurance contract/policy, the interest rate on the loan may be increased from the date following the second payment date after the day the lender receives information about the termination / non-renewal / replacement of the beneficiary to the level of the interest rate in force at the time of the conclusion of the agreement on the product "Purchase of finished housing" on similar conditions (amount, term) without compulsory insurance life and health, but not higher than the interest rate for such a product, which was in effect at the time the creditor made a decision to increase the interest rate due to the failure of the title co-borrower to fulfill the obligation to insure life and health. After the co-borrowers provide the lender with duly executed documents and fulfill the conditions provided for in clause 20 of the agreement, as well as the submission of a written application by the title co-borrower, from the date indicated by the lender in the notice of a positive decision on his application:
- the interest rate for the use of the lender is set at 13.75%

p9. Obligation of the borrower to conclude other agreements:
1. Account opening agreement
2. The contract of insurance of the real estate, issued as a pledge in accordance with 4.4.2. General Conditions lending, on the terms determined by the insurance company chosen by the co-borrowers from among those that meet the requirements of the Lender.
3. Life and health insurance contract of the title co-borrower on the terms determined by the insurance company chosen by the title co-borrower from among those meeting the requirements of the creditor. When calculating full cost credit used tariffs. The title co-borrower has the right to use the services of another insurance company, while the amount of the total cost of the loan may differ from the calculated one.
Question:
1) If I do not renew the life and health insurance contract, does the bank have the right to raise interest rate under the contract (during registration, the loan officer told us that they would raise it by 1%)?
2) Can I get a life and health insurance service in any other accredited company? (Sberbank has 17 companies accredited for personal insurance)? The first year of insurance was in Sberbank, now I don’t want to insure there
3) They called from Sberbank and said that life insurance is ending and needs to be renewed insurance policy, and they said that under the terms of the contract, one insurance must be done through them, is this true? if the contract states that the co-borrower has the right to use the services of another insurance company