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Sberbank mortgage insurance policies can now be extended at the Post Office

Sberbank mortgage insurance policies can now be extended at the Post Office
Photo: Russian Post Press Service

In all branches of the Russian Post it is now possible to extend property insurance policies, as well as life and health insurance policies of Sberbank's mortgage borrowers. To do this, you will need a passport and loan agreement data.

As EastRussia was informed in the press service of the Russian Post, the cost of insurance will be calculated by the employees of the departments. Clients will be offered to choose from several companies that are accredited with Sberbank. You can choose the best conditions and purchase a policy at the Post Office from the second year after receiving a loan.

The registration will take about 15 minutes. The branch operator will fill in all the data, send an online request to each of the insurers and receive a calculation of the insurance premium in return. You can pay for the policy by postal order to the address of the selected company. After registration, the client will receive a printed policy, which will be duplicated in electronic form. The client will only have to notify the bank about the extension of the insurance and transfer the new data of the insurance policy.

Now the Post cooperates with VSK CJSC, Absolut Insurance LLC and Zetta Insurance LLC, which are accredited with Sberbank. In the future, the company plans to expand the list of partners. Property and life insurance policies can be issued individually or in combination. The amount paid will depend on the balance of the mortgage loan.

Tatyana Razgonova, deputy director for financial business of the Far East macro-region of the Russian Post, noted that the insurance contract must be renewed every year after receiving a mortgage loan. Such a service in the Russian Post offices will make the process of contract renewal more convenient.

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