The object is the life and health of either parent of a child or any relative of direct line of descent, such as grandmother or grandfather. The said child is the beneficiary.
For persons of over 18 years of age. The insurance is due when the child reaches the age of 18 years.
Insured persons: 14 to 65 years of age, but not over 70 upon the insurance term expiration.
Covered risks
The risks covered by the insurer are related to the execution of certain criteria, for example, reaching a certain age, graduation from university or marriage.
The insured person’s death prior to the fulfilment of the conditions.
Permanent loss of ability to work in result of insured accident up to 30%-50% – percentage of the insurance sum equal to the percentage of lost ability to work
Permanent loss of ability to work in result of insured accident over 50% – the insured person is exempt from further payment of premiums and remains effective for the full amount of the insurance sum.
Additional coverage
At the insured person’s option, against additional payment any, some or all of the following additional coverage:
Accident
Daily allowances for hospitalization
Surgical treatment
Exemption from payment of premiums in case of permanent disability over 30%-50% caused by an accident
Temporary disability
Critical diseases and any consequences therefrom
Insurance sum
– to be agreed at signing the insurance contract.
The insurance sun is paid up upon the insurance term expiration.
Currency
BGN, EUR or USD
Insurance term
5 to 18 years
Insurance premium:
One-off payment
In instalments (every 1, 3, 6 or 12 months)
Tax relieve
None
Documents and forms at signing the insurance contract
A request for conclusion of „Life“ insurance and a health declaration thereto:
The request for conclusion of „Life“ insurance is filled in by the Contracting person, while the health declaration situated on the back is filled in by the child’s legal representative and the details refer to the child insured.
In any case the Contracting person should submit a Report on the child’s health condition issued by the General Practitioner.
An additional health declaration of the Contracting person upon the inclusion of the additional risk of exemption from instalments in case of the Contracting person’s death Financial questionnaire: for policies at the value of over 60 thousand BGN or 30 thousand USD/EUR;
A declaration of funds origin – over 30,000 BGN one-off premium or one-off prepaid premiums
Insurance policy
Early termination of the insurance contract
The Contracting person is entitled to early termination of the insurance contract, and receiving the insurance redemption value, provided the insurance includes the right to redemption
The insurer is entitled to terminate the effect of the Contract in compliance with the General terms and conditions
Този сайт използва бисквитки. Научете повече за това как използваме бисквитките и как можете да промените настройките си. Като използвате този сайт, вие давате съгласието си с употребата на бисквитки съгласно нашата политика за бисквитките.. Приемам
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.