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Property Loan

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Property Loan

Find out everything you need to know about property loan for home insurance

3 Articles in this category

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I have a loan. Do I have to get insured with the company that my bank recommends?

Who said that?! You have the right to get insured with any company you want . According to circular 462 of the Bank of Greece (2013) , the borrower has the right to use the insurance company of his/her choice and banks must accept any home insuran...

Updated on : 02 Aug 2022

I still have a remaining balance on my mortgage. Which amount should I declare as a sum assured?

In case you have a mortgage, the sum assured can’t be less than the remaining amount of your loan. However, we advise you to insure your house for a sum equal to your property's actual replacement value. You can also confirm this in advance with...

Updated on : 13 Sep 2022

The bank won't accept the insurance policy unless the square meters are stated on it. What should I do?

Do not worry! Although your home insurance already has all the required information required by law, we can always issue an updated document which will state the exact number of square meters insured by us.

Updated on : 09 Jun 2022