Life insurance for a mortgage at Sberbank - what does issuing a policy provide and what risks does it cover?

Why do you need Sberbank mortgage insurance? Surely, many bank clients ask a similar question when applying for a home loan, and for good reason. For the uninitiated person, insurance is fraught with many difficulties, ranging from its mandatory nature to saving on price. What insurance is needed for a mortgage at Sberbank, where and how to apply for it correctly, we will tell you in our review.

What is insured for a mortgage at Sberbank

At the stage of submitting a loan application, clients are informed of the need to take out Sberbank mortgage insurance. In total, the bank provides two types of financial protection:

Property serving as collateral. Insurance events are the complete or partial destruction of the collateral, for example, as a result of fire or earthquake ().
The borrower himself. The policy takes into account the risks of permanent disability and death ().

You can arrange financial title protection (against loss of ownership of real estate) voluntarily from any company; the lender does not make such a requirement. But most of all, borrowers are concerned with the question of whether they need life insurance on their mortgage from Sberbank? Let's look at each of the insurance programs in more detail and find out which is mandatory and which is not.

Property insurance for a mortgage at Sberbank is issued annually for the balance of the loan debt. Thus, the cost of the policy gradually decreases. At the same time, you can take out home insurance for a mortgage from Sberbank for an amount exceeding the insured amount, then the bank will receive part of the compensation to pay for the loan, and the rest will be received by the borrower himself.

Real estate insurance for a mortgage with Sberbank can be issued for the following types of collateral:

Apartment, room. The apartment building must be built after 1955 and not have wood floors. Typically, insurance companies do not undertake to insure old houses, and it is very difficult to obtain a mortgage for the purchase of properties in them.
A private house. As a rule, only buildings built after 1970 can be insured. The full terms and conditions of the policy must be clarified with the selected insurance company.
Garden, country house, other country real estate.
Commercial areas.

provide mortgage insurance
for land plots.

What events are taken into account when determining compensation? It is possible when important structures or the collateral object itself are destroyed as a result of:

fire;
floods;
explosive destruction;
hurricanes and other natural disasters;
violations of the law (theft, robbery, etc.).

Is life insurance on a mortgage required at Sberbank? No, but taking out such a policy reduces the loan rate. The insurance coverage applies to cases where the client becomes disabled or dies. Women from 18 to 55 years old and men up to 60 years old will be able to insure themselves - these are the basic conditions of the subsidiary insurance company of Sberbank. If you apply to another organization, the rules may change. Moreover, some companies are ready to insure even existing disabled people, but only in case of death.

Information. If you decide to contact a non-accredited insurance company, read:

You can also take out extended life and health insurance with a Sberbank mortgage. For example, include disability for other reasons. Or add to the insured cases serious harm to health that does not lead to permanent disability. You should check with the company you choose for full terms and conditions of insurance. It is advisable to contact her office in person, ask all your questions and ask for complete financial protection rules.

The beneficiary for both types of policies is Sberbank (). If an event specified in the contract occurs, the funds will be used to completely close the loan. However, if the sum insured exceeds the debt, the difference is issued to the client. Not only the principal debt is repaid, but also the interest accrued up to that time and penalties (if any).

The duration of the policy usually does not exceed one year. The client can pay mortgage insurance from Sberbank for the entire term if he wants to protect his loved ones from paying off the loan in the event of death. But due to the high cost of the service, this rarely happens. On the contrary, clients strive to receive payment in installments, for example, paying money for the policy once a quarter.

Sberbank military mortgage insurance
is no different from other types of home loans. Borrowers are also required to take out a collateral policy, but have the right to refuse financial protection for the client.

What does taking out an insurance policy provide?

Life and health insurance for a mortgage has its advantages and disadvantages. The disadvantages include the high cost of the insurance policy. This is explained by the long-term insurance period, the occurrence of such obligations for the entire duration of the mortgage loan. If we take into account that this period can be 15 or 30 years, then the amount of the amount turns out to be impressive. The terms of the policy include instructions for annual premium payments, and the borrower overpays significantly on the loan.

Among the advantages, it can be noted that by insuring health and life in general, the loan recipient guarantees the financial company that if his financial situation worsens or he loses his ability to work, the mortgage loan will be repaid in full.

What risks does insurance cover?

Mortgage risk insurance is an indispensable condition when you need to take out a home loan. This procedure is not a whim of banks, but a requirement of Federal Law No. 102 “On Mortgage”. The direct object of insurance when obtaining a mortgage loan from Sberbank is the health and life of the debtor.

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A personal insurance policy is designed to cover a number of risks:

Death of the borrower. This risk is not a reason to default on the loan. Often, with such loans, the purchased real estate is used as collateral, so the lending institution always remains in the black.
Chronic diseases and disabilities. If you are unable to pay your debt obligations due to health problems, the insurance should provide financial resources to repay the loan.
Injuries. In this case, money from the insurance company can be redirected to help treat the borrower in order to quickly return him to work and quickly resume loan payments.
Temporary loss of ability to work.

When it is impossible to receive an insurance premium

The voluntary insurance program agreement provides for certain restrictions when you should not rely on insurance. These are the circumstances:

the possibility of contamination by radioactive elements or the possibility of a nuclear explosion;
the beginning of hostilities;
conflicts of a general civil nature (wars, rallies, strikes, etc.).

Also, the life insurance of the mortgage loan borrower will be ignored if:

the death of the loan recipient occurred as a result of alcohol poisoning;
death was caused by diseases such as AIDS or HIV;
death was caused by professional participation in a potentially dangerous sport.

When taking out insurance, you need to know that the amount of compensation for it will be 1 percent more than the amount of the mortgage loan. In the event of an insurance situation, the company will repay the mortgage loan in full, and the remaining insurance funds will be issued to the borrower.

Is it necessary to buy mortgage insurance?

First, let's answer the question: is there mandatory insurance for a mortgage at Sberbank? Yes, you do not have the right to refuse to purchase an insurance policy for the property you are pledging as collateral. This condition is due to the fact that real estate acts as security and guarantee of full repayment of the loan debt. The requirement is prescribed by the law on mortgage lending ().

If the debtor does not pay according to schedule and maliciously violates the requirements of the contract, the bank may turn to justice (). By a court decision, the creditor will be able to sell the collateral and close the loan with the proceeds. In this case, the borrower will not receive back the interest already paid.

You cannot refuse apartment insurance if you have a mortgage from Sberbank, but you are allowed to choose your own insurer from the list of trusted partners.

Life insurance for a mortgage at Sberbank (and other banks) is taken out exclusively voluntarily (). A credit institution does not have the right to force or trick a client into buying a financial protection policy (). However, the lender increases the interest rate on unsecured loans, that is, when the client has not taken out life insurance. This is completely legal and is done within the framework of the chosen lending program.

Sberbank will add one percent to your mortgage rate if you refuse to insure your life. If you do not plan to close the loan quickly, an insurance policy may even be beneficial. For example, you take out a mortgage of 3 million rubles for 25 years. The calculated base rate is 10.7%, if you cancel the policy - 11.7%.

In the first case, the overpayment will be 3,711,345 rubles, subject to repayment according to the schedule, in the second - 4,188,335 rubles. A difference of one percent results in savings of almost 477 thousand rubles. How much would life insurance cost the client? In the first year, he will pay 33 thousand rubles for the policy, approximately the same difference in overpayment would have turned out. But if you have a policy, the borrower does not have to worry that in the event of serious medical problems or death, the required amount will be paid by the insurance company and will not go to relatives.

A Sberbank mortgage without insurance
is possible in several cases - in the absence of collateral, when it is a plot of land and when purchasing an apartment in a new building (until it is completed).

How to refuse voluntary life insurance after receiving a mortgage loan

If a financial organization manages to impose insurance with increased interest or is simply unnecessary, this can be corrected, but with limitations:

According to Law No. 3854 “On requirements for the conditions of voluntary insurance” dated November 20, 2015, in order not to violate the conditions, the client has the right to refuse insurance within five days (working days) from the date of conclusion of the agreement. In this case, the insurance organization must return to him the full amount of paid funds, which must be at the client’s disposal within 10 days from the date of receipt of the application.
On 08/21/2017, by order of the Central Bank of the Russian Federation, the duration of the cooling period from 01/01/2018 increased from 5 to 14 calendar days.

What to do if the bank imposes insurance

Despite the illegality of imposing financial protection on life, some employees sin in order to fulfill the plan. What to do if Sberbank imposes mortgage insurance? First of all, you need to remember that you have every right to refuse it. Moreover, this can be done both before signing the documents and within two weeks after the loan is issued ().

You have the right to obtain Sberbank mortgage insurance from any partner insurance company. Managers do not have the right to force the purchase of a policy at Sberbank Insurance.

Of course, when drawing up a mortgage agreement, you won’t be able to read it from beginning to end. But you should pay attention to the main points in the document. If you have not yet signed, request that the insurance policy be excluded.

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If the employee refuses to remove this clause of the loan agreement, contact the management of the Sberbank branch. The most extreme way to defend your right to refuse insurance is a complaint to the Central Bank of the Russian Federation or. At the same time, your reluctance to obtain financial protection cannot in any way affect the approval of the mortgage. Remember what insurance is required for a mortgage from Sberbank, and do not be afraid to file a claim if a policy is imposed. In these cases, the decision is always made in favor of the client.

How much does life and health insurance cost?

Sberbank is actively pushing for the conclusion of an insurance contract with Sberbank Life Insurance LLC. Purchasing a policy is not a cheap service; the borrower must pay 1% of the loan amount. In fact, taking out life and health insurance for the borrower in this particular company cannot be mandatory - the client has the right to choose another insurance company where this service is cheaper. What is the motive for this behavior of bank employees (a bonus for sales or an order from management) remains a mystery.

Different insurance companies have approved their own tariffs and calculators for insurance protection of clients. On average, the cost of life insurance for a mortgage with Sberbank can be equal to 0.5-1.5% of the debt amount. The tariff is exclusively individual, that is, the amount of the insurance premium will be different for each borrower. It depends on age, gender, presence of bad habits, profession, state of human health and other factors.

You can use an approximate life insurance calculator

To conclude an insurance contract, you need to decide on the choice of company: will it be Sberbank Life Insurance LLC or another insurance company. It is worth noting that you should look for reduced rates only in organizations accredited by the bank: a list of insurance companies can be found in any Sber office or checked by calling the hotline.

The current list of insurance companies in Sberbank can be found here.

If the bank manager insists on concluding an agreement with Sberbank Life Insurance LLC, it is advisable to contact the bank management to find out the reasons for this behavior. If attempts are unsuccessful, ask for a letter of explanation. As a rule, this event is enough for the bank to accept the policy of another insurance company.

So, concluding a life and health insurance contract is quite simple: you need to contact an employee of the insurance company and apply. By filling out the form and presenting your passport and loan agreement, you sign the insurance contract and pay the insurance premium. After paying the premium, you are issued a policy, which is usually valid for one calendar year.

After one year, the borrower is required to pay a new premium and the policy is renewed for the same period. Similarly, it is necessary to visit the company’s office and renew insurance until the loan is closed.

When prolonging the policy, it is important to provide an up-to-date debt schedule (especially if there were facts of early repayment of debt), since the insurance premium is calculated based on the balance of the loan debt (the balance of the principal debt on the loan).

Procedure for obtaining mortgage insurance

Sberbank insurance when obtaining a mortgage is taken out at the stage of issuing a loan, that is, when the client has financial obligations to pay. This applies to both collateral insurance policies and life and health insurance policies. You can apply for insurance in advance if you decide to use the services of an accredited company, so as not to do it at the bank office.

A mortgage with insurance at Sberbank is issued in the following order:

In the application for a loan, check the insurance consent box if you are immediately determined to buy life insurance. Although this point is not particularly important, because you have the right to change your mind at any time. There is no need to declare your desire to buy property insurance under a Sberbank mortgage; it is done by default.
Sign a loan agreement at the bank.
Complete and pay the cost.
If you contacted the insurance company yourself, take the original document to the bank within three days. Otherwise, a fine may be charged for violating the terms of the loan agreement.

Mortgage insurance at Sberbank is extended every year. At the same time, you can change the insurer for both types of policies. Although long-term cooperation with one company is more profitable, because regular customers are often given good discounts.

How to send mortgage insurance to Sberbank? You can go in person to any bank branch that works with individuals or use modern methods of communication (). Although the first option may be quite convenient, because there are a lot of Sberbank offices. In this case, you should make two copies of the document. One is given to the employee for scanning and linking to the database, the second is marked with acceptance for work.

Be sure to keep a second copy of the policy so that in case of claims from the bank you can prove the fact that insurance was provided. Violation of the terms of collateral insurance is fraught with penalties.

If you take out mortgage, life and health insurance from Sberbank, you will not have to transfer the policy data. The information is automatically sent to the necessary bank databases. You also do not need to confirm the fact of insurance, and when you contact some accredited companies, they will independently transfer the information to the bank. The list of insurers participating in direct document flow is on the Sberbank website.

If your insurance company does not have quick communication with the lender, attach a scan of the document to a special form Uploading a purchased policy on the DomClick website. You can send documents about collateral and life insurance at the same time. Do not forget to also include a receipt for payment and an additional agreement with the insurance company, if one was concluded. Pay attention to the field for the signature of the insured person; it is often left blank, so the document is not accepted by the bank.

The processing time for submitted papers is 3 days. Based on the results of the verification, you will receive an SMS message to the phone number linked to the mortgage agreement.

DomClick insurance from Sberbank. Features of application

As mentioned above, the described resource allows you not only to insure residential real estate, but also to purchase it. The process of purchasing a home using the described service is as follows:

At the very beginning, you need to choose a suitable home and apply for the loan necessary to purchase it.
At the next stage, employees of the real estate center of the described credit organization prepare all the necessary documents.
Next, you will have to visit a branch of the credit institution to sign a mortgage contract and an agreement for the purchase of the selected home.
The next stage involves online registration of a real estate transaction. After this, you will be sent an extract from the Unified State Register and a contract for the purchase of housing by email. For assistance in preparing all the necessary documents and registering a housing transaction, you will have to pay ten thousand rubles, as well as a state fee.

When using the service in question, there are a number of possibilities that can make a mortgage loan more profitable, namely:

If you use the electronic transaction registration service provided by the service in question, the rate on your mortgage loan will be reduced by 0.1%.
Also, using the described service, you can insure your life and health, which will reduce the rate on your mortgage loan by 0.5%.
If you fall into the “Young Family” category, then when receiving a mortgage loan you can request a reduction in the interest rate by 0.5%.
If you purchase housing in a new house and at the same time receive wages on the card of the credit institution in question, then the interest rate may be reduced by 0.5%.
There is the possibility of an additional 2% reduction in the interest rate if you purchase housing from a developer who cooperates with the credit institution in question. Some developers offer their clients additional bonuses in the form of compensation for the cost of paying for the electronic transaction registration service (10,000 rubles).

What documents will be required

For a mortgage with Sberbank, insurance of a house or apartment is issued using the following documents:

Passport of the policyholder (usually the title borrower of the home loan).
An application for insurance is printed by a representative of the insurance company, or automatically generated on the website.
A questionnaire indicating the client’s personal data, characteristics of the loan and the collateral.
Document of ownership. At the moment, an extract from the unified real estate register is being issued.
An appraisal report indicating the market value of the collateral property.
Technical documents for property.
Loan agreement.

Annual Sberbank mortgage insurance for the risks of death and disability is issued on the basis of:

passports;
loan agreement;
borrower statements;
a questionnaire in which the client answers the insurer’s questions regarding his state of health.

It is necessary to provide only reliable information. If a person hides information about a stroke or cancer, compensation will be denied.

If necessary, the insurance company may request a medical report on your health status. The fact is that the insurer may refuse to issue a policy to a client for whom there are increased risks. For example, an applicant suffers from a cardiovascular disease, which means there is a high probability that he will be assigned a disability or even die. Additionally, they may require a certificate from their drug or mental health clinic.

If you are renewing your insurance policy, you must provide a certificate of the amount of your current mortgage debt. It is necessary to calculate the new amount of mortgage insurance at Sberbank and its cost.

What types of insurance are there?

There are several models of insurance for real estate purchased with a mortgage. The first, the most common, is purchased based on the price of the apartment or house being purchased or on the amount of the remaining debt to the bank.

The bank itself recommends purchasing an electronic policy from Sberbank-Insurance, because the registration process lasts much less, and the insurance conditions are better. As for other insurance companies, each of them has profitable promotions and offers. You can always find a suitable option for yourself!

It will be fortunate that, according to a bank official, mortgage interest rates will be significantly higher next year. If you take out a policy, you will not be exposed to these surges.

If necessary, you can insure not only square meters, but also the life of the policyholder himself. All you need to do is pay a fee and answer questionnaires about your health status.

Attention! If you cancel life insurance, the interest rate increases by 1 percentage point.

How to find out the cost of the policy

The cost of apartment insurance for a mortgage with Sberbank depends on the following factors:

current debt balance. If you are just applying for a mortgage, then the initial loan amount;
materials of walls and ceilings;
presence of fire sources (stoves, fireplaces, etc.);
other technical characteristics.

Typically, for apartments, a coefficient of 0.25% of the amount of the current loan debt is applied. When purchasing a private home, the mortgage insurance percentage at Sberbank is calculated individually. As a rule, it is higher than when insuring an apartment, because the risks of losing the collateral are much greater. For example, a country house may burn down or fall into a flood zone.

Information. The procedure for calculating tariffs and contributions is prescribed in legislation, including.

The price of life insurance for a mortgage at Sberbank is formed taking into account the following conditions:

the amount of current debt;
client age;
profession of the insured and the presence of increased risk factors.

The policy will be more expensive for those who, due to their duties, often face a threat to their life. For example, police officers, employees of the Ministry of Emergency Situations, etc.

The cost of life insurance at Sberbank for a mortgage can be raised if the client is into extreme sports. The fact is that accidents during piloting or highly traumatic competitions are not taken into account by the policy. But some insurance companies may include these risks, and then the price of the service will be higher.

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It is better to calculate life insurance for a mortgage in Sberbank through several insurance companies. This way you can choose the best offer. Moreover, for this you do not need to personally go to the insurer’s office, you just need to go to its website and make simple calculations. You can find an apartment insurance calculator for a mortgage with Sberbank on the official Internet portals of accredited insurance companies, including Ingosstrakh.

How to find out the cost of the policy:

On the main page of the Ingosstrakh website there is a large blue field where you can set the primary insurance conditions.
Select Mortgage from the drop-down list. Then indicate the city where the property is located. Click Continue.
Indicate whether you are purchasing a policy for the first time or want to renew the contract.
In the next field, select Sberbank of Russia.
Next, enter information about the insurance conditions. Select the type of real estate (apartment, house), whether ownership rights exist (whether it exists or not, for example, for apartments under construction). Specify the interest rate on your loan agreement.
Write down the balance owed on the mortgage.

The service can be used as a life insurance calculator for a mortgage with Sberbank and to calculate the cost of financial protection of the collateral.

Select the type of insurance, borrower or property. If you want to issue them at the same time, put the slider in the active position for both types of insurance.
Enter information about the borrower: year of birth, gender.
Specify the validity period of the policy.
Click Calculate.

The result of calculating apartment insurance for a Sberbank mortgage using the online calculator will appear on the screen. If you previously chose financial protection for the life and health of the borrower, the price of this policy will be indicated on a separate line.

If desired, you can add additional options to the contract. For example, Ingosstrakh offers to insure the interior decoration of an apartment and movable property, and civil liability to neighbors (). The price of apartment mortgage insurance at Sberbank will be 15% lower if you issue an electronic version of the policy. It has the same legal significance as a paper form of the document, because it is signed with the electronic signature of a representative of the insurance company. However, before handing it over to the Sberbank office, the borrower must first sign the printed policy.

The cost of apartment insurance for a Sberbank mortgage and other insurance companies is calculated in a similar way. If you are satisfied with the result, you can proceed to the preparation of insurance documents.

Types of mortgage insurance and why you need it

A mortgage loan is a secured loan. This means that the purchased property (apartment, house, share, etc.) is encumbered and pledged by the bank until the borrower repays the loan in full. Throughout the term of the loan agreement, the bank - the lender has risks of deterioration in the condition of the collateral - real estate may lose value as a result of fire, flooding, theft and other external factors.

The impact of natural disasters or illegal actions will lead to depreciation of the collateral and the loan will become unsecured. To minimize its risks, in accordance with the legislation of the Russian Federation, the lender has the right to require insurance - in other words, the borrower is obliged to enter into an insurance agreement for the property.

However, in addition to the legally obligatory insurance of the object, there are other types of insurance - title insurance (insurance against the risk of invalidation of the transaction) and life and health insurance of the borrower.

Why do you need to take out these policies? The bank's motives are the same - in this way the financial organization is trying to protect itself from the risk of non-payment of the loan. Indeed, in the event of loss of property rights or deterioration of the borrower’s health, the loan will most likely be overdue.

Is it necessary to insure the life and health of the borrower? For most borrowers, paying an insurance premium is an unnecessary expense. However, if you think a little, things are a little different. So, do not forget that the loan is issued for 15-30 years, during which time few can say with confidence that their health will remain unchanged.

The absence of a valid insurance policy promises the borrower's relatives and friends exorbitant expenses and litigation: in the event of the client's death or a sharp deterioration in his health (which will most likely result in a lack of earned income), the burden of the loan falls on the shoulders of the relatives. Sometimes payments become exorbitant, and the apartment is alienated in favor of the bank; the previous owners of the apartment are forced to evict.

The situation is different if you have active, valid insurance: the loan debt is repaid by the insurance company. Therefore, we recommend that you insure yourself, if possible, every year for the entire duration of the loan.

Purchasing an insurance policy

After you have found out the terms of Sberbank's mortgage insurance and chosen the optimal conditions, you should issue the policy itself. This can be done in several ways:

On the DomClick portal in the Insurance menu.
At the selected insurance company through its representative or on the website.
At a Sberbank branch. You can contact any lender's office, but it is best to approach the mortgage manager who is processing the deal.
Through your Sberbank Online personal account, if you have a bank card.

You can pay for mortgage insurance through Sberbank when receiving a loan. You can deposit money for the policy by card or in cash at the cash desk. You don’t have to go anywhere and enter your data on the site yourself. But according to customer reviews, this option is the most expensive; remote registration allows you to save 10-15% on the cost of the policy.

Where is Sberbank mortgage insurance cheaper? To answer this question, you need to get a quote from all accredited insurance companies. On average, the price of insurance will be approximately the same with a difference of 100-200 rubles, but in any case, an electronic policy is the most profitable option. In addition, its registration through the website takes a few minutes.

Additional features (paid services)

Domklik offers repairs at a discount;
search for secondary real estate with a figure of 0.3% to the rate.
If the documents have undergone electronic registration of the transaction, the rate is reduced by 0.1%. This is not a ceiling.
It is possible to further reduce the interest rate by 0.5% if you take out life insurance through Domklik from Sberbank.
a young family can also count on a rate reduction of 0.5%;
Buyers of housing in a new building who have a bank salary card can also receive minus 0.5% on the rate. If electronic registration is completed, then minus 0.1%. Have you taken out insurance? Lowered the rate by 1%;
reduction of the developer's rate by 2%. Developers offer their privileges outside the jurisdiction of the banking structure. For example, they pay for electronic registration (10,000 rubles) if you came from the bank.

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Buying an apartment secured by Sberbank with a Sberbank mortgage

Applying for insurance on DomClick

On the DomClick website you can take out life insurance with Sberbank for a mortgage or insure real estate. Let's look at how to do this in more detail:

Go to the main page of the portal and select the menu Services, Insurance.
You will be offered three options: arrange financial protection for the borrower, collateral, or renew your mortgage insurance at Sberbank by downloading an already paid policy. Click Checkout.
If you want to receive real estate insurance, enter information about the collateral object (apartment or house, the presence of wooden floors), and the balance of the debt. If you have a promotional code for a discount, enter it in the special field. Click Find insurance.
Select the best policy option from those offered and proceed to the next step. If you have previously registered on the DomClick website, log in to the system. If not, you can create an account () or continue without registering. The first option is preferable, because it will save a lot of time; you will not have to enter the same data every time you pay for Sberbank mortgage insurance. The system will fill in the required fields itself; all you have to do is check their correctness.
Enter all the required data in a special form (last name, first name, patronymic, contact phone number and email, passport, information about real estate and credit) and click Buy policy.
Enter your payment card details and confirm payment.
The policy will be sent to the specified email address. There is no need to provide it to the bank; information about registration will be transmitted automatically.

The system will offer policy options from different insurance companies. If you wish, you will be able to obtain a document to first familiarize yourself with the terms of service.

Important to know: Domklik online mortgage insurance: instructions

How to get mortgage insurance online

What happens if you don't get mortgage insurance?

Registration of an electronic policy on the Domklik website

We need to register to get into our Domklik personal account. You can click the button and log in through Sberbank online. This is convenient because you don’t have to keep a lot of passwords in your head. The second option is to create a personal account. Fill in the fields:

FULL NAME;
Date of Birth;
phone number;
E-mail address.

A confirmation code will be sent to your smartphone number, which you enter in the field on the website. The “help” button is lit in the right corner. Have questions? Ask. If you are accessing from the Sberbank page, then get ready to click on the “processing of personal data” button. That's it, you have entered the site, now select the type of policy. For example, mortgage insurance in Domklik from Sberbank. This is the “real estate” tab.

Fill out the information field regarding your property:

House/apartment;
does the building have wooden floors - yes/no;
indicate the balance of debt to the bank.

You will automatically receive offers regarding the specified amount of debt. For example, Sberbank insurance - from 67 rubles per year. Here you can get a policy -

Also read the rules of Sberbank insurance -

Purchasing a policy from an insurance company

How to pay for Sberbank mortgage insurance if you decide to purchase a policy from an insurance company from the list of accredited ones? You can go to the insurer's office and ask for paperwork. But in this case the cost will be higher than when applying through the website.

An electronic policy is attractive not only because of its price, but also because of its ease of registration . We’ll tell you how to purchase it using Ingosstrakh as an example:

Use the calculator on the website to calculate how much mortgage insurance at Sberbank will cost, as described above.
If you insure your life and health, answer the insurance company’s questions regarding existing illnesses and disabilities. You do not need to enter false information, because subsequent payment of insurance compensation will be denied to you.
If issuing an electronic policy under the specified conditions is possible, the system will transfer you to the payment form. Enter the card details (its number, expiration date and secret code on the back of the plastic) and confirm payment.

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If additional data is required to conclude an insurance contract, you will be asked to contact a company representative or fill out a request for feedback. In most cases, Sberbank mortgage insurance rates are calculated individually and require the participation of an insurance agent.

In the same way, you can buy a policy on the Sberbank Insurance website.

What is the difference between a paper and electronic policy?

An electronic policy is a real salvation for busy people, differing from a paper one in the ease of receipt and the ability to get rid of red tape. It is completed very simply – just leave a request on the official website of the insurance company or use the bank’s mobile application. For the first case you will need:

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• borrower's passport (original and photocopy required);

• Official statement;

• borrower's questionnaire;

• ownership of real estate;

• calculations of the cost of an apartment or house;

• photocopier of technical passports.

Attention! When concluding an agreement with a company, it is necessary to clarify the terms, as well as the possibility of extending insurance.

Insurance through Sberbank Online

If you are a regular customer of Sberbank and have a debit or credit card here, you can purchase insurance through your personal account on the website. How to apply for or renew mortgage insurance at Sberbank Online:

Log in to the system using your username and password as you usually do.
Select the Other section from the menu, then Insurance.
Here you can pre-calculate the cost of home insurance for a mortgage at Sberbank and then issue a policy. Choose what kind of insurance you plan to purchase - real estate or life. There are other insurance options, but they have nothing to do with a mortgage.
The system itself will load the data on your loan. Check the information provided and confirm your desire to take out a policy.
Select a card for payment and enter the transaction confirmation code.
Receive the document to your email. Additionally, there is no need to notify the bank about the conclusion of an insurance contract.

To apply for mortgage insurance with Sberbank Online, you must have a valid mortgage loan listed in your personal account. It is not possible to purchase a policy in advance or buy it for another person.

Where to insure a Sberbank mortgage

When applying for a mortgage, a Sberbank employee offers to arrange this service through the bank. At the same time, Sberbank offers those insurance companies with which it cooperates. In this case, the interests of the client are not taken into account; you are simply offered a limited list of companies whose conditions you cannot carefully compare.

We recommend choosing your own insurance company based on ratings and reviews. POLIS812 presents the most reliable insurers .
To help you save on mortgage insurance, our center gives you 500 bonus rubles for registering in your personal account, which can be used to pay for up to 25% of the insurance. Also use the promo code for an additional 15% discount.

You have the right to choose insurance from any insurance company. For this purpose, there is a list of accredited companies that cooperate with Sberbank. Those companies that do not have an agreement with the bank can offer the borrower more favorable prices for the policy, while convincing the client that there will be no problems.

Many clients are afraid of loan refusal, so they take out a policy at the bank. But in fact, the borrower has the right to choose an insurance service from any accredited company. Later in the article we will present a list of these companies.

Mortgage insurance on the POLIS website

Large selection of insurance companies, low prices, receive an insurance policy by e-mail

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Is it necessary to renew mortgage insurance?

Is insurance required for a mortgage with Sberbank in subsequent years? As with the initial registration, only collateral insurance is mandatory; you can refuse financial life protection. However, the bank reserves the right to increase the interest rate according to the terms of the loan agreement.

If you are overdue for Sberbank mortgage insurance, what consequences should you expect:

The absence of a collateral insurance policy is fraught with fines (). At Sberbank, the penalty for mortgage insurance is 0.1% per annum per day of the current debt. It seems that this is not much, but in fact, if the debt balance is 2 million rubles, the bank will calculate penalties in excess of 8 thousand rubles per month. In addition, if something happens to the property, the borrower will still have to close the mortgage. The worst thing that can happen in case of malicious evasion of insurance is the bank’s demand to repay the entire loan amount ahead of schedule and going to court ()
If you do not renew Sberbank's mortgage insurance for the borrower, there will be no fine. But the bank will increase the mortgage rate if this condition is specified in the loan agreement. In the event of the death or disability of the mortgage borrower, payment of the debt will go to his relatives (, )

Where can I get insurance for a Sberbank mortgage if the policy expires? You can use all the methods of purchasing insurance described above. The document must be submitted to the bank no later than 30 days after the expiration of the previous policy.

"Sberbank" - Mortgage Calculator for Life and Property Insurance

During the initial application, you will have to sign all the documents at the bank’s office, but subsequently, for the next period, the borrower will be able to submit an application independently through the website. To do this, you will need to provide information about the property and the object of protection.

The contract purchase scheme involves the following steps:

1. Download the official Sberbank Insurance page via the link: sberbank.ru/mortgage_and_life .

2. Next, click on the “Apply online” and fill out the calculator form.

3. The next step is to provide accurate information:

Designation of the insurance object (house or apartment);
Protection period (the next day after the end of the previous contract should be indicated);
Year of construction of the building;
Type of floors;
Insured amount (calculated according to the remaining debt under the mortgage agreement).

When all the data has been entered correctly, the calculator will display the final cost. To go to the next step, you must click on the “Buy” button.

4. The registration stage involves entering data about the loan agreement and the policyholder with a breakdown of passport information, residential address and location of the object.

5. After completing two main stages, you must confirm your desire, after which the service requests payment for the policy. The completed document can be sent to the policyholder’s email address.

Attention! The insurance period in all cases is 1 year. If the loan agreement ends before the date of completion of the protection, upon the occurrence of an insured event, the person has the right to payment. He is entitled to it in full, since the bank will no longer be able to claim compensation.

What affects the cost of mortgage insurance at Sberbank?

The price of the policy depends on the characteristics of the property:

Year of construction;
Availability of wooden coverings;
Sum insured.

For example, when calculating data for an apartment with a remaining cost of 1,500,000 rubles. and the year of construction is 2015, the price of the policy is 3,375 rubles, and when specifying wooden floors, it increases to 6,075 rubles.

The cost of a mortgage policy depends on the coefficients currently applied by Sberbank. The price is affected by:

The current balance of the home loan balance that matches the insurance amount. If a person is still applying for a mortgage, the initial loan size is taken into account. You can specify a larger insured amount, then it will be paid not only to the bank, but also to the client’s family.
Loan repayment period.
The age of the borrower, co-borrower or guarantor - the person for whom the insurance is issued.
Risks. Usually this is death as a result of an accident or illness, the establishment of disability of 1 or 2 groups. If the client is involved in extreme sports or regularly travels to competitions, he is obliged to inform about this in advance. An increased cost calculation coefficient is applied to such borrowers.
Client's profession. There are special types of work associated with increased risk. These are firefighters, employees of the Ministry of Emergency Situations, police and other dangerous professions, for whom the cost of insurance is higher.
Health status. The insurance company preliminarily assesses the possibility of its deterioration during the validity of the policy. This includes smoking, drinking alcohol, being registered as a specialist, current illnesses, etc. All these circumstances add up to a coefficient that affects the cost of the borrower’s mortgage insurance policy.

"Sberbank Insurance" - Questions and Answers on Mortgages

There is a list of common questions from borrowers about obtaining insurance:

The obligatory nature of the policy is confirmed by the current legislation in the field of insurance of collateral real estate, as this allows one to avoid high risks on the part of the bank.

Due to the fact that the mortgagee is Sberbank, it will be the main recipient of the insurance payment in the event of adverse events.

The company works with real estate, the year of construction of which meets the established requirements - no earlier than 1955. Otherwise, Sberbank Insurance will draw up a written refusal, which is subsequently presented to the lender.

When calculating the cost of the contract, the main coefficient is 0.25% of the outstanding balance. For example, if you want to conclude a policy on protection terms in the amount of 1,000,000 rubles, you will have to pay 2,500 rubles. But when a client submits an application through the website, the amount of the premium paid is reduced by 10%. Then instead of 2500 rub. you will need 2250 rubles.

The contract extension is carried out using the Sberbank Insurance website, Sberbank Online, DomClick, a mobile application or in branches. If there is a new agreement drawn up in another organization, it is allowed to send it and the attached receipt through a special form on the company’s website.

If an error is identified in a document that has already been paid, you must send a completed application by mail, attaching a scanned copy of the contract and the policyholder’s passport. A similar procedure is followed when the borrower’s last name or other data changes.

If an insured event occurs, you will need to notify the insurance company by phone, where the operators will tell you about the course of action. Subsequently, it is necessary to collect documents and send them to the company’s address (Moscow, Pavlovskaya St., 7).

Any actions requiring notification or granting permission for redevelopment or rental housing are carried out in application form.

The website has a special “Contact Form” that is filled out by the borrower and sent for consideration.

Necessary documents for a mortgage at Sberbank

The insurer has the right to request from the client confirmation of the data specified in the questionnaire. This may be a medical examination, an extract from an outpatient card, certificates from a psychoneurological dispensary and other medical documents.

A mortgage property protection policy is issued when accurate information is provided. They should be taken from the documents:

Borrower's passport;
Loan agreement;
Appendix to the agreement on the payment schedule, which outlines the balance of the debt;
A completed health questionnaire, electronic or paper.

Submitting the form through the Sberbank website requires specifying accurate information about the location of the object and contact information about the client. A paper version of the document is sent to the registration address of the apartment or house (if done independently through the website).

Sberbank - Is it possible to refuse mortgage insurance?

The legislation confirms the mandatory conclusion of an insurance policy for the mortgaged property.

In a situation with personal protection for the risks of death or disability, the borrower himself decides about the need for registration, since this package is not included in the list of necessary insurances.

As well as the option of a protection agreement in the event of termination or restriction of property rights, it is considered at the individual level.

Having taken out a mortgage, the borrower has the right to refuse the offer of a life policy and title insurance, but the contract on the property is his responsibility. Although recently Sberbank has been offering a reduction in the loan rate if there is a comprehensive agreement that includes all risks.

Refund of mortgage insurance cost

You can refuse Sberbank mortgage insurance both before applying for a loan and within 2 weeks after that, but only from the financial protection of the borrower. If a policy was imposed on you or you inadvertently signed an insurance contract, you have every right to get your money back.

To do this, you need to send an application to the insurance company and attach copies of the following documents to it:

passport;
loan agreement;
issued policy.

You can submit an application to an insurance company or a Sberbank branch. If you contact the insurer directly, check whether it is possible to send scanned copies of documents or whether you need to go to the insurance company’s representative office in person. Whichever application option you choose, you should make a copy of the document. Ask the employee to put a mark in it that he accepted the papers for submission for consideration (indicating the date and his last name).

In the text of the appeal, state its essence, namely a request to return the money paid for the insurance policy. Be sure to indicate the number and date of the loan agreement, insurance policy details and the reason for the return. The last point is rather a formality, because the insurance company has no right to refuse to return the money. At the end of the application, lawyers recommend indicating the borrower’s right to go to court if the decision is refused.

Do not forget to indicate the details for transferring the cost of insurance in your application.

Please note that the amount refunded may be less than what you spent. Please check the insurance contract or call the insurer's hotline for full return conditions. It is best to do this before signing the documents and immediately eliminate all unclear points.

If you are denied payment of the cost of the policy, you must receive a written response from the insurance company with the reason for this decision. This document should be sent with a complaint against the actions of the insurer to Rospotrebnadzor and the prosecutor's office. Also, a mortgage client of Sberbank has the right to go to court and demand the return of the cost of the policy.

You can ask to terminate the life insurance contract even after two weeks. In this case, the response will be solely at the discretion of the insurance company. You cannot count on a full refund or even a proportional recalculation of the price. If the insurer does refund Sberbank mortgage insurance, it will only be a small part of it.

A refund of the cost of insurance is not possible if there has already been an insurance payment under this policy.

How to get your mortgage insurance back from Sberbank if you repay the loan early? This can be done both in relation to collateral insurance and the life of the borrower. You will have to draw up an application asking to return the money for a quickly paid loan. Please attach copies of the following documents:

passport;
agreement with the bank;
the planned payment schedule that was received when applying for a mortgage;
certificate of absence of debt (in the original);
most recently issued insurance policies.

As in the previous case, you can contact the insurance company or submit documents through Sberbank. The first option is preferable, because, as you know, papers in a bank are often lost and do not reach the addressee. So it’s better to go straight to the insurer, just check in advance by calling the hotline the procedure and the correctness of the application.

The insurance company cannot refuse to pay money if the mortgage is repaid early. Usually, unreliable insurers delay returns or do not respond to requests, and Sberbank does not cooperate with such insurers. So you can be sure of a favorable solution to the issue.

It also happens that, according to the terms of the contract, the insurance is non-refundable. The cost of the borrower's financial protection policy is usually refunded without problems. More often, the non-refund condition is specified in the collateral insurance documents. When you apply for money, you will be refused, but in judicial practice such cases usually end in favor of the client.

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Author:

Mortgage specialist Maria Yurievna Sokhan

Publication dateSeptember 21, 2019September 30, 2020