Credit risk insurance

This type of insurance provides full or partial compensation for damage to the creditor's property interests as a result of the borrower's failure to repay the loan due to the insured's bankruptcy or death, as well as his inability to fulfill his obligations for other reasons.

Insurance risks are as follows:

  • Non-fulfillment of loan repayment obligations due to the death of the borrower as a result of an accident
  • Non-fulfillment of loan repayment obligations due to permanent partial or permanent total disability
  • Non-fulfillment of loan repayment obligations due to the death of the borrower as a result of an illness
  • Non-fulfillment of loan repayment obligations due to permanent partial or permanent total disability.
  • Termination of the employment contract by the borrower
  • Termination of the employment contract by the employer;
  • Termination of the activity of the employing individual entrepreneur.

To get this insurance product, you may contact customer service centers of "Azərsığorta" and call the number *1200.

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Apply

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