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Home life insurance is available to individuals who take out new home loans with Arion Bank. Arion Bank handles the sale of the insurance, which is intended to pay installments and interest on the loan for a certain period of time after death.
Insurance can be complicated. To make things easier to understand, we have compiled all the key information about the insurance in an information document that can be viewed with the terms and conditions.
Death benefit to the beneficiary chosen by the customer at the beginning.
Suicide within a year from the effective date of the policy.
Death during the first five years of the agreement period if the death can be attributed to a disease that the insured was diagnosed with or received treatment for before the insurance came into effect.