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The
following Insurance programs are available to work in
conjunction with your loan plan: |
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1-
Compulsory Insurance covers:
a-
Household comprehensivce:
|
Amount
to
pay per
month |
Will
enable you to cover your own
residence
for fire, earthquake,
water damage,
flood, burglary,
public liability at a
very low cost |
value
of
apartment
x 0.20% / 12
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example:
60000*0.20%12=$10 |
|
b-
Personal Accident and Natural Death:
Covering
Death and disablement
up to US$
50,000 | $10 |
c-
Credit Insurance:
To
cover your default of payment
for
the loan of US$ 3,000 |
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2-
Optional Insurance covers:
Our
ProteXion plan will enable you to benefit from an
exclusive offer
for the most important insurance covers, being the
Medical care plan and the Motor All Risk plan.
|
a-
Medical Care plan up to US$ 100,000 - PER CASE including
worldwide emergency cover as follows:
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| Monthly
amounts to be paid |
NB
Subject
to 20 % discount for the 1st class and 30 % for
the 2nd class in case of social security benefits |
| Age |
| 1st
class | |
2nd
class |
| Child |
| $14.00 |
| $11.00 |
| 18-35 |
| $37.00 |
| $28.00 |
| 36-45 |
| $43.00 |
| $33.00 |
| 46-55 |
| $59.00 |
| $45.00 |
| 56-65 |
| $87.00 |
| $65.00 |
| b-
Motor Insurance: |
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Cars
make 1992 and above can be covered according to the
following plans: |
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Monthly
amount to be paid |
| All
risk insurance | |
value
of the car x 4.5 % / 12 |
Total
loss including fire
and
theft | | value
of the car x 1.5 % / 12 |
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Cars
made before 1992 can benefit from a reduced price
concerning
Third Party Liability cover uo to US$ 100,000 - PER
ACCIDENT |
| Monthly
amount to be paid is $6 |
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| The
above monthly payments will be added to $250
being the loan refunded installment per month
according to the following example: |
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| Loan
refunded installment |
| $265.00
per month+relating interest
($15
for example) |
| Compulsory
insurance | |
$25.00
(example as per above schedule) |
| Optional
insurance | |
$37.00
medical insurance for two persons aged (18-36)
less social security discount |
| Optional
insurance | |
$6.00
Third Party Liability motor insurance |
| A
Monthly payment that secures your life against
accidents and sickness all in granting you a
personal loan for $3000 |
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