In what cases does Sberbank return insurance. Sberbank: early repayment of the loan (conditions, return of insurance). Insurance return application
Insurance is the most common additional service that is imposed on credit institutions when applying for a loan. It increases the financial burden on the borrower and leads to significant overpayment of obligations. We will figure out in which cases obtaining insurance from Sberbank is a mandatory procedure and how to get your money back.
The loan agreement is concluded between the applicant and the lender for consumer purposes, therefore it is regulated not only by the Civil Code of the Russian Federation, but also by the Federal Law “On Protection of Consumer Rights”. In accordance with current legislation, ignoring insurance is not a reason for refusing to provide borrowed funds to an applicant.
All Sberbank loans can be divided into 3 groups: consumer loans, mortgage loans and car loans. Each group has its own insurance programs.
How to terminate an insurance contract imposed on consumer products?
Returning insurance for consumer loans is a very real procedure. In accordance with paragraph 2 of Art. 16 of the Federal Law "On Protection of Consumer Rights", the creditor does not have the right to demand additional services when the consumer contacts him for the service he is interested in. Based on Art. 42 and 47 of the Civil Code of the Russian Federation, insurance is an additional service to lending, therefore, when applying for a loan for urgent needs, the client must independently decide whether he needs financial protection insurance company or not.
Due to the low financial literacy of the population, some dishonest employees of Sberbank, in order to receive an increased premium, issue voluntary insurance for compulsory. In addition, it is difficult to find a mention that insurance is an optional procedure in a loan agreement, since such information is always printed in small print.
For some products, the agreement states that the insurance is paid in a lump sum, so the borrower cannot return the difference between the amount actually paid to the insurance company and the amount of insurance coverage in monetary terms for the period in which the loan holder actually used the provided protection.
The discrepancy in the loan term and the period for which the insurance was made is due to the possibility of early repayment of financial obligations or, conversely, the untimely payment of a regular payment, as a result of which penalties and fines were charged.
In accordance with Art. 958 of the Civil Code of the Russian Federation, the client can terminate the contract with the insurance company if the need for its services has disappeared. If the loan for urgent needs was closed on the date specified in the loan agreement, then it will not work to receive partial compensation from the insurer. In fact, he fulfilled all the conditions stipulated in the insurance contract.
In case of early repayment of obligations or a decision to cancel the insurance contract during their execution, the borrower has every opportunity to return partially or completely insurance in Sberbank. In this case, contacting the insurance company is not required, you can return the money at the bank's division minus the costs incurred for cancellation insurance policy.
There are 2 ways to return insurance to Sberbank for consumer products:
- Up to 30 days have passed since the registration of the service. In this case, the borrower must write an application addressed to the head of the bank department in order to withdraw from participation in the insurance program. No commission is charged for the provision of the service. In this way, you can return the entire amount paid to the insurance company.
- More than 30 days have passed since the registration of the service. The algorithm for obtaining a refund is similar to the first method. However, the borrower can only return 50% of the amount paid.
Important! The sales manager does not have the right to refuse to accept the application. It must be drawn up in 2 copies. Each is affixed with the seal of the department, the signature of the authorized employee and the date of acceptance of the documents.
Return of mortgage insurance
If life and health insurance was imposed on the borrower, he can return the money according to the above scheme.
The situation is different with mortgage insurance. In accordance with Art. 31 of the Federal Law "On Mortgages", insurance of the risk of damage or loss of collateral is a mandatory procedure. In fact, Sberbank insulates itself from possible losses that it may incur if the client fully or partially refuses his financial obligations in the event of loss or damage to real estate. On the offensive insured event the obligation to make regular payments (or just interest) will be transferred to the insurance company.
Return of insurance at Sberbank by mortgage programs is possible only in case of early repayment of the loan, provided that the entire amount of insurance services was paid in a single payment for the entire loan period. To receive compensation, you must submit an application to the insurance company.
To return the difference between the amount paid and the actually used insurance services, in addition to the application, you must provide:
- passport;
- mortgage agreement;
- a certificate of early repayment of mortgage obligations;
- account details or bank card to transfer the refund.
It takes about 30 days for the insurance company to review the application and return the funds.
Important! The client can conclude an insurance contract with an annual renewal. In this case, he will save time on collecting and submitting documents in case of early repayment of the mortgage.
Car loan insurance
Insurance is required for a car loan at Sberbank vehicle (CASCO), obtaining life and health insurance is at the discretion of the client.
When paying off a car loan, the borrower has the right to return part of the insurance. However, a significant amount can be counted on only if the target loan was repaid ahead of schedule. To return part of the paid funds, the client needs to contact the insurance company with a written statement, attaching a copy to it loan agreement, a certificate of early repayment of a car loan, a copy of the passport and account details for transferring compensation.
Often there are situations when insurance Company refuses to return part of the funds paid for the insurance contract. In this case, the client can go to court to restore justice or complain to Federal Service for insurance supervision.
Is information about the return of insurance entered in the BKI?
The client's financial dossier consists of several parts: title, main, additional and informational. None of them provide for the entry of information on the return of insurance for a loan.
The return of a part of previously paid funds under an insurance contract is the practice of restoring the legitimate interests of the borrower. It has nothing to do with the payment discipline of the loan holder. Each client of Sberbank can return the imposed insurance both during the period of fulfillment of financial obligations and in case of early repayment of the debt. However, it is worth remembering that a refund of part of the funds is possible only as long as the term has not expired limitation period (3 years).
This article will describe how to return insurance on a Sberbank loan, since sum insured it is often extremely high, and the commission must be paid, and no one wants to lose money unnecessarily.
Can the insurance be returned?
Whether the insurance and the money paid for it are returned after the loan is issued is the most common question. In Sberbank, insurance is often imposed on borrowers under the pretext that they will not be able to get a loan.
When such a dilemma arises, and a person has a great need for a consumer loan, then you have to agree with the insurance, but anyone wants to return the money that was unfairly spent. And it is really possible to return the insurance and a certain part of the money, but this only applies to consumer credit.
The insurance company does not return insurance drawn up when taking out a mortgage from Sberbank. Insurance of collateral is really mandatory and the bank will not give a mortgage without it.
Insurance does not necessarily apply to consumer credit, and if it is imposed on you or is only being imposed on you, then you should boldly defend your rights.
You can sue money from an insurance company, Sberbank is not a party insurance contract... He can only provide required documentswith whom to apply. And for the insurer to return the paid premium, it will be necessary to try, since the return of insurance is not an easy business.
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How much is returned to the borrower?
The conditions for the return of insurance are often not created in favor of the borrower, and it will not be easy to return your money in full. In many respects, it all depends on how long the borrower will apply for a return of insurance. What amount will be returned to the borrower, depending on the timing of the application, is written in the table.
| Application deadline from the moment of insurance registration | Refund amount |
|---|---|
| Up to 5 days | 100% of the cost of insurance, subject to the conclusion of an individual insurance contract. |
| Up to 14 days | The entire cost of insurance. |
| After 14 days | 100% is refundable if the insurance contract has not been concluded, otherwise the insurance company will independently calculate the amount to be returned. |
| More than 1 year (in case of early loan repayment) | The amount to be returned is calculated individually for the borrower based on the period of use of the insurance. |
It is allowed to return back the insurance part paid for the insurance contract if the contract was drawn up individually. If the borrower has signed an agreement for participation in the voluntary collective insurance program, then it will be very difficult to take money from the bank and the insurance company.
When can the insurance be returned?
The procedure and rules for the borrower's actions will be entirely based on when he decided to return the credit insurance.
You also need to know in what cases the policy is returned:
- At the very beginning of the use of insurance, as a “missed product”.
- If the insurance contract has not yet been concluded, and the money has already been paid.
- In case of early repayment of the loan, when there is no need for insurance.
It is difficult to terminate an agreement if it has already been signed, but otherwise is extremely rare. Consider the algorithm of actions and the deadline for submitting an application.
During the first 5 days
When receiving a loan, Sberbank makes life insurance of all customers. If a person is not insured, then the bank may refuse a loan. For a consumer loan, insurance is not compulsory, but the bank does not indicate the reason for the refusal, and the person cannot do anything.
There is a way out - to insure your life, and after issuing a loan, apply for a refund of insurance. It is best to do this within five days. But there is an important point, the insurance must be issued individually, this condition does not apply to the collective insurance policy and the insurance will not return the money to the borrower.
The plus in obtaining an individual insurance policy is that the borrower does not overpay for the services of Sberbank as an intermediary in the issuance of insurance. For registration of collective insurance in Sberbank they take additional fee and very large, and the bank will put this premium in its pocket, and the borrower will have to pay extra for the insurance itself.
After submitting the application, the borrower must return the money within 10 days.
Within 14 days
The Sberbank loan agreement in clause 4.1 clearly states that the borrower has the right to return the insurance within 14 days. Earlier it was indicated that compensation in the amount of 13% of the cost of insurance would be withdrawn, and now it seems that it is allowed to return the full cost. But very often the bank employees contradict the agreement and try to mislead a person, and say that the “connection fee” is indicated in the agreement, and not the cost of insurance, and here they interpret these words differently. Still, you must try to defend your rights, even if the bank pays at least this amount.
After 14 days
Everything here is very clearly spelled out in the loan agreement in clause 4.1.2. and the borrower can return the fee for connecting to the insurance service only if the contract has not yet been signed. Otherwise, you can not count on a full refund.
In case of early repayment
The early repayment of the loan makes the insurance service useless. Who wants to pay for a product they don't use? Therefore, people want to compensate for their losses. The return of the payment of the cost of the insurance contract will not be exactly 100%. This is evidenced by paragraph 4.2 of the loan agreement of Sberbank.
When the insurance is returned due to early repayment of the loan, the receipt of money will be established for the borrower individually, but the bank will clearly withhold interest for taxation and other fees. But they are obliged to terminate the contract and pay at least minimum amount depending on how long the borrower has used the insurance, and how much time is left before its expiration.
Sample application How do I apply?
Cancellation insurance claim is an important part. It is imperative to write two statements and personally take them to the Sberbank branch, sending by mail will not be considered... One application must be accepted by an employee of Sberbank, and on the second he must put a mark on receipt and give it to the client. 
What is indicated in the application:
- The name and all the details of the insurance company and the name of the borrower are written in the upper right corner in the genitive case.
- Indicate the heading in the center "Application for the return of loan insurance".
- Next, the reason for requesting a return and the article to which the person refers are written.
- All data on the loan taken (contract number, amount, terms, etc.) are indicated.
- All data about the borrower (series and number of the passport, account number for receiving funds, contact information) must be written.
The application must be submitted to Sberbank if it imposed a collective insurance agreement, and the person, having figured it out, decided to refuse. Then all the details are indicated by Sberbank and you must go there with the application.
What documents are required?
The following package of documents must be attached to the application:
- passport;
- credit agreement (photocopy);
- certificate from the bank on early repayment of the loan (if necessary);
- collective insurance contract.
These documents must be submitted together with the application. Sberbank or an insurance company must accept and consider them. If they refuse to do this, referring to the fact that it will not be possible to return the insurance, then you should immediately contact the head of the organization and write a statement personally in his name.
What articles will be in favor of the borrower?
Often, bank employees or insurers try to mislead a person with many laws, clauses, paragraphs, and so on. But a borrower who wants to return insurance on a Sberbank loan must himself be well versed in the laws.
Articles to help get your insurance money back:
- Article 958 of the Civil Code of the Russian Federation - it says that if the loan agreement provides for the return of the insurance premium, then the borrower has every right to demand it back upon termination of the agreement. In the loan agreement of Sberbank in clause 4.0, this is exactly what is spelled out.
- Article 10 of the Law of the Russian Federation "On Protection of Consumer Rights" can help to return money if Sberbank tricked a person into issuing an insurance policy.
- Article 29 of the same law allows you to refuse insurance after signing the contract if the borrower identifies deficiencies in the service provided.
- Article 359 of the Civil Code of the Russian Federation states that in case of refusal to return the due money and illegal withholding it, interest is charged on this amount, and the insurance company will have to reimburse the client for an amount larger than the amount originally paid.
- Article 1102 of the Civil Code of the Russian Federation allows you to return the insurance premium paid to the company if Sberbank did not transfer it to insurers, but took it as a commission for the provision of services. Such actions are unjustified enrichment of the bank and through the court you can achieve their return.
- Article 32 of the Law of the Russian Federation "On Consumer Rights" states that the client can return that part of the funds spent on services that were not provided to him and pay only for the period of using the insurance.
Is it possible to return the insurance?
The banking system is problematic to overcome, as they always have many loopholes. It is best to contact an insurance specialist and study the contract with him. Even in the document itself, the absence of a return of insurance may be spelled out in case of early termination of the contract.
If Sberbank and the insurance company do not make concessions, then you need to feel free to write a statement to Rospotrebnadzor, the prosecutor's office and further investigate in court.
You can return the money paid for loan insurance at Sberbank after a long period of proceedings. It is necessary to take a responsible approach to solving the problem in order to return the loan insurance and money for it.
Video
Have you decided to take out a loan from Sberbank? To obtain a loan, any bank, including Sberbank, invites you to sign an insurance contract.
Loan insurance: a trick of bankers or a necessity?
If for any reason you cannot repay the loan, the insurance company will be responsible for your obligations to the bank. The list of insured events includes:
- disability or serious illness of the Borrower;
- loss of employment by the Borrower;
- deterioration of material conditions;
- death of the Borrower.
When applying for a loan for real estate or a car, there is a need for property insurance. But when registering a consumer loan, banks often insist on compulsory life and health insurance of the Borrower, which is considered voluntary by law. The desire of banks to protect themselves from unforeseen circumstances is understandable. The practice of imposing an insurance policy leads to an increase in the amount of the loan payment. Trying to drop your insurance? The bank may not approve the loan or overstate interest rate under contract.
By law, you are only required to insure property that is in a bank pledge.
What if you have already succumbed to the persuasion of bank employees and signed an unprofitable insurance contract? How to get your money back spent on paying insurance premiums - we will tell you in this article.
Small print: registration of insurance for a loan
Before figuring out how to get back the money spent on insurance, let's understand the procedure for insuring a loan agreement.
Highlights:
- Insurance is issued for a period equal to the term of your loan.
- The choice of an insurance company can be made independently. But banks often have their own insurance company, so Sberbank will offer you to insure a loan with Sberbank Insurance.
- The cost of insurance directly depends on the loan amount and can range from 0.30 to 1%.
- The bank has no requirements for the borrower when concluding an insurance contract. However, there are requirements for the insurance company (if you refuse from the “native” insurance company of the Bank).
If you decide to choose a third-party insurance company when taking out loan insurance, the Bank will want to know with whom it concludes the contract. An example of Sberbank's claims against an “alien” insurance company:
- experience in the insurance market;
- state license and accreditation for activities in the field of insurance;
- there are no cases of violation of the law;
- there are no legal proceedings against the company.
To draw up an insurance contract, you need to follow these steps:
- After choosing a loan, choose the type of insurance.
- Choose an insurance company, sign an agreement with it
- The arranged and paid insurance will be attached to your loan agreement.
The amount of insurance for a loan in Sberbank
There is no clear regulation of the amount of insurance for Sberbank loans, however, practice shows that for 2015 the amount of paid insurance premiums averages 10-15% of total amount credit. For comparison - in other banks this value reaches almost 30%!
When signing an insurance contract, ask a specialist to advise you on the amount of insurance. If the amount seems prohibitive to you, it is better to choose another loan product or bank.
Consequences of refusing insurance when applying for a loan
Have you decided to refuse the provided voluntary-compulsory insurance service? The law provides only compulsory insurance of such objects of collateral as mortgage property and a car. When trying to save your money, you:
- you can get a refusal from the Bank to provide you with a loan;
- you will be forced to take out a loan for less favorable terms: The Bank reserves the right to increase the interest rate in case of refusal from insurance.
During the conclusion of the loan agreement, you can agree to the insurance, and later - terminate the agreement and refuse insurance. This is Article 958 Civil Code RF, Federal Law No. 14 dated 26.01.1996. However, a refund on insurance is possible only if there was no clause in the insurance contract indicating that insurance part if the insurance is canceled, the loan is not refundable.
New rules for canceling loan insurance in 2016 and 2017
On June 1, 2016, the decision of the Bank of Russia comes into force on the possibility to refuse any imposed insurance. You must contact the insurance company with an application for a refund - this must be done within up to five days. Now insurance companies are required by law to provide a condition for the return of funds to the policyholder when drawing up a contract.
The insurance company must return the funds within 10 days from the date of application.
So, earlier it was practically impossible to return the insurance premium, as well as to prove the fact of compulsion to “voluntary” insurance. Thanks to the adoption of the new decree, the fact is confirmed that the inclusion of the Borrower's obligation to insure his life in the bank loan agreement is an abuse of the freedom of contract and a form of imposing unfair contract conditions on the client.
Loan in Sberbank: how to get money back on insurance
Even if you have not repaid the loan ahead of schedule, you have the opportunity to get your money back!
Step-by-step instructions for returning insurance:
- Fill out an insurance return application: it must be written in the name of the insurance company.
- Prepare a photocopy of your passport, loan agreement and a certificate of no debt under the agreement (in the form of a bank).
- Give the package of documents to the insurance company in person. Make sure the documents are accepted (the employee must check the box that your application is accepted). You can contact the Sberbank branch.
- If the insurance company refuses to pay and does not accept applications, contact higher authorities - the prosecutor's office, court, etc.
Return of insurance after early loan repayment
Have you repaid your loan ahead of schedule and want to return your insurance? Take a look at your contract. If insurance payments are prescribed in a separate amount, paid monthly in a separate amount and are not included in the body of the loan, then, alas, the funds spent cannot be returned. Today, banks are increasingly using "credit insurance". That is, when drawing up a loan agreement, a one-time transfer of the insured amount to the insurance company takes place. And interest is already charged on the total. In this case, there are two options for returning the loan insurance:
- The insurance will be returned in full if you write an application for a refund within 30 days from the date of the loan agreement.
- Part of the insurance will be returned to you, taking into account the number of days of using the insurance under the loan agreement. The sooner you pay off, the more you get!
Remember that the insurance company can bill you for the costs of running an "insurance business", you will also lose 13% income tax from the cost of the insurance policy. If you manage to get at least half of your loan insurance back, consider it a stroke of luck!
Features of insurance for a consumer loan in Sberbank
Unlike other banks, Sberbank experts never keep silent about the life and health insurance of the Borrower when applying for a consumer loan.
The main nuances of consumer loan insurance at Sberbank:
- Insurance is optional;
- The bank has every right to refuse to grant you a loan in case of refusal of insurance;
- A full refund of money for insurance is possible ahead of schedule up to 30 days without changing the credit conditions;
- You will be refunded 50% of the insurance amount if you write an application later than 30 days or recount for the remaining days of using the insurance policy.
How to get money back on mortgage and car loan insurance
The money back scheme for mortgage or car loans is similar to the previous scheme with regard to life and health insurance of the Borrower.
- The collateral insurance cannot be returned during the execution of the loan obligations.
- Insurance premiums can be returned only if you repaid your car loan or mortgage ahead of schedule, and the insurance was paid in full for the entire period of the loan agreement.
Mini instruction
- Write a statement to the insurance company;
- Attach a copy of the loan agreement and passport to the application;
- Take a certificate of early repayment of the loan from the bank.
Sberbank is the only bank without hidden fees, with an open policy without small print. Therefore, a refund of insurance money will not give you a lot of trouble if you provided this opportunity at the stage of applying for a loan.
Sample application for the return of insurance
We remind you that an application for a refund must be submitted to the insurance company specified in your loan agreement. Sberbank will refuse you, because this is not the responsibility of the bank. Even if your insurance policy for the loan belongs to Sberbank Insurance. An application for the return of insurance on a loan taken from Sberbank should still be written using the details of the insurance company. Do not forget that the application is usually written in two copies: one remains with you, the other you give to the insurance company. On your copy, an employee of the insurance company is obliged to put a mark on its acceptance.
Download a sample application for the return of loan insurance
Loan insurance minimizes the risks of both the bank and the borrower. But it is not always obligatory, and you can refuse the service after the conclusion of the contract.
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How does loan insurance return in 2020, what nuances do you need to know about? For almost any type of lending, the bank offers to take out insurance.
Clients, fearing a denial of credit, agree. But not all borrowers are aware of the possibility of canceling insurance. Is it possible to return in 2020 insurance premiums and how to do it right?
What you need to know
It is quite easy to refuse from the insurance service even when submitting an application. You just need to inform bank officer about your unwillingness to take out insurance.
But for the borrower, such a decision can have negative consequences. The most common options for the development of the situation:
| Denial of credit | The bank often refuses to approve a loan application precisely because of the lack of an insurance policy. Imposing insurance is prohibited by law. The only exceptions are those for whom insurance is required. But at the same time, the bank is not obliged to voice the reason for the refusal. In the absence of other weighty arguments for a positive decision, insurance becomes a decisive factor |
| Substantial increase in interest rates | Some banks offer credit products with and without insurance. In the latter case, the loan rate may be 5-10 points higher. Clients are afraid of the increase in the cost of the loan and they take out insurance. In practice, a loan with increased rate may be cheaper than the cost of insurance |
| Tightening credit conditions | The bank can insist on obtaining insurance not only by increasing the rate, but also by reducing the credit limit, increasing / decreasing the length of the credit period, requiring additional security |
The bank benefits from customer insurance. It minimizes the risks of non-repayment, and sometimes brings additional financial (with insurance by the bank itself).
Therefore, the client will be "pushed" to conclude an insurance contract by all possible ways... However, the law does not prohibit termination after signing.
After receiving a loan, you can refuse insurance (if it is not mandatory) and return the money spent. True, the refund amount is determined by the moment of contact and the terms of insurance.
Definitions
Credit insurance can be voluntary and mandatory. Voluntary insurance options include insurance risks, as:
- disability of the borrower;
- job loss;
- assignment of disability;
- death of the borrower.
The general meaning of insurance is that if for some reason the client cannot repay the loan, then the insurance company will do it for him. So the bank is protected from irrecoverable.
The borrower himself can be sure that in the event of an insured risk, the bank will not go to court and collection will not be levied on the property.
With voluntary insurance, the client can choose which risks to include in the insurance. Compulsory insurance required when applying for a mortgage and.
In this case, there is a pledge of property in favor of the bank. Since the bank must be sure that nothing will happen to the collateral before the final payment of the loan, it has the right to demand insurance.
The risks of loss or damage to the collateral act as an insured event. Other types of insurance are issued at the request of the client.
Cancellation of insurance implies termination of the insurance contract. But you need to know in what cases you can refuse insurance, and on what conditions.
For whom is it possible
Cancellation of insurance is possible only with voluntary insurance. In this case, several options for refusal are possible:
| Cancellation of insurance within 5 days after signing the contract | According to the Decree of the Central Bank of the Russian Federation No. 3854, it is possible to refuse the insurance imposed by the bank during the "cooling period" In this case, the full insurance amount must be returned, if an insured event has not occurred. Unfortunately, the five-day cancellation period does not apply to collective insurance programs. In such a case, the possibility of refusal is regulated by the internal rules of the bank. |
| During the entire loan period | Give up voluntary insurance you can at any time. But the possibility of a refund will depend solely on the conditions specified in the contract. |
| At the end of the loan agreement | This refers to the situation when the duration of the insurance exceeds the loan repayment period. Similarly, the possibility of a refund depends on the agreements reached and fixed at the conclusion of the contract. |
When credit insurance is compulsory, then withdrawal from insurance is possible only after the completion of the loan repayment.
According to this rule, the possibility of return depends solely on the insurer, if the condition of the possibility of return is not spelled out in the contract.
The borrower with early repayment often has to prove his case in court. In this case, one can refer to the fact that the loan and insurance agreement are connected, respectively, the insurance should be terminated together with the payment of the loan, including early.
Since the insurance risks disappear after the loan agreement is closed, the termination of the insurance agreement is regulated by Article 958 (paragraph 1, clause 2). `
However, the decision on the refund and the amount to be refunded depends on the content of the contract.
Emerging nuances
When planning the return of loan insurance, you must first find out some points:
- whether the contract is individual or collective;
- return conditions established by the insurer;
- what is said about the return of insurance in the contract itself.
If the insurance contract is concluded individually with an insurance company, then you must submit an application for cancellation within two weeks after signing the contract.
When there is a collective insurance program, the withdrawal period is set by the bank.
The application must be submitted to the direct insurer. If the terms of circulation are not met, then part of the insured amount may be withheld for the period of validity.
In addition, the terms of the contract may expressly state that insurance premiums are non-refundable (if canceled after a cooling off period).
A sample of drawing up an application for the return of loan insurance
An application for the return of loan insurance is drawn up in a free form (the IC may have ready-made form). The content of the document indicates:
- FULL NAME. applicant;
- insurance company details;
- number and date of the insurance contract;
- number and date of the loan agreement;
- a request for termination of the insurance contract and refund of funds;
- an indication of the regulatory basis for termination of the contract;
- account number or bank card details for a refund;
- date and signature with decryption.
You need to draw up an application in two copies. Some of them must remain with the applicant with a note on the acceptance of the appeal.
Copies of contracts should be attached to the application. An application form for the return of loan insurance is possible.
How long does it return
Refunds must be returned within ten days when applying during the cooling off period. If the insurer delays payment, then a complaint should be filed with Rospotrebnadzor.
The amount of funds returned will depend on the start date of the insurance contract specified in the content. If the contract has not yet begun to operate, then the entire amount must be returned in full.
When the application is submitted a few days after the entry into force of the contract, the insurer has the right to withhold a certain amount for these days.
Usually this is an insignificant part of the funds; it is inappropriate to argue about it. But all of the above applies to individual insurance contracts.
Many large banks insure customers under a collective program and return conditions may vary greatly.
Can I return to this organization
When insurance is issued under a collective program, the client does not sign an insurance contract, but an agreement on joining.
The terms of the contract may indicate that the sum insured is refundable after deducting certain expenses - this is completely legal.
If the CASCO insurance was issued in, then there may be nothing to return. This moment is also worth considering.
In addition, if the insurance premium is paid in installments and is not paid at the appointed time, the insurance company has the right to terminate the contract on its own.
The question of whether it is possible to return insurance on a loan at Sberbank in 2018 worries many customers. Consider whether it is always mandatory for registration, the return procedure itself and what values \u200b\u200bcan be expected in various situations.
Policy - voluntary and mandatory
Often, in order to obtain a loan, a client is recommended to take out a life insurance policy. Sberbank offers such responsible customers a discount rate to make the product more attractive. Sometimes employees even use some methods of pressure, forcing them to purchase a policy, motivating them to refuse a loan otherwise. This whim of the bank is due to the increased protection of its interests. The guarantee of the return on borrowed resources is increased to the maximum. Indeed, under any circumstances, if the borrower loses his ability to work or even dies, his debts will not need to be collected from his relatives. The insurer will return everything.
The purchase of a policy in 2018 is voluntary and they cannot refuse to issue a loan due to its absence. If the applicant is confident in his characteristics (good credit history, proper income) and is faced with a refusal without explanation, you can even contact Rospotrebnadzor or the Prosecutor's Office with a statement of infringement of rights. But the unsubscribe of any institution in the possibility of not returning without explanation gives them the right to influence borrowers.
Is it possible to get money back for insurance after the loan is repaid in 2018
If a client takes out a mortgage, it is imperative to know how to return insurance at Sberbank on a loan, after its payment. Because a mortgage always implies insurance of an object (house, apartment). This way of protecting both parties from unforeseen circumstances is provided at the level of the law. Additionally, clients are offered to protect liability and issue a life policy.
The policy allows you to protect your loved ones from unforeseen expenses in the event of an accident with a client, and therefore it is recommended by specialists, especially for long-term loans and for the category of senior citizens.
What to do with insurance after loan repayment
You can legally return insurance on a Sberbank loan in 2018. Many face such a question, because the policy is issued only for a year with the possibility of permanent renewal. And the loan is issued for a specific period - a year, five, twenty, etc. In addition, if the borrower sometimes used partial repayment exceeding the one set in the schedule, the term of interaction with the bank will end earlier.
Sometimes the client also chooses the option of full payment ahead of schedule, so as not to overpay extra interest and get rid of the burden earlier. Therefore, the policy may still have a validity period when the loan has already been paid. At the same time, the bank is indicated as the beneficiary, while the client has no debts to him. Therefore, the relationship with the insurer should be terminated in a timely manner.
There are several ways to do this:
- You can return insurance for a loan at Sberbank to get back the money previously paid for a product that the client will not use.
- Leave the policy in effect until the end of the term if the contributions are not so large or there is a need for the product, changing the beneficiary.
- Terminate the contract with the insurer without reimbursing the funds paid.
Choosing an option of action, you need to analyze your situation and clarify the rules and amounts of possible recovery.
Policy for the return of policy contributions
Having decided to return the insurance after the loan is repaid at Sberbank, it is worth remembering that relations on it are carried out with the insurer company, and not with the bank, even if Sberbank Insurance is chosen first. These are two different structures, each carrying out activities in its own field.
There are some rules regarding applying for compensation, which depend on the past period:
- Within a month, it is permissible to terminate the policy contract and get the full amount back. This is prescribed by law. Faced with an unreasonable refusal in this situation, you should immediately contact the Prosecutor's Office or Rospotrebnadzor.
- Within six months, you can break off the relationship and claim compensation. The decision on the amount is made by the company based on the costs incurred to maintain the policy.
- It is almost impossible to receive a refund for more than six months, due to the passage of a long time. Usually, by this point, the client's resources are almost completely spent on maintenance, which is easy for the company to justify.
Knowing these rules, some borrowers are a little tricky. They undertake to take out insurance in order to get the best conditions for the loan, after which they try to return the loan insurance to Sberbank ahead of schedule, within 30 days. But this client, having received a one-time benefit, is blacklisted and in the future he will have problems with obtaining a loan.
In addition, Sberbank has somewhat secured itself against such tricks. In particular, he issues money on an authorized loan within 30 days, i.e. the client is more likely to delay the opportunity to receive the full policy premiums back until the procedure is complete.
How much can be returned when the loan is repaid ahead of schedule
Having figured out whether the insurance will be returned to the loan in Sberbank, we will proceed directly to the procedure. It goes through the following stages:
Sberbank Insurance (or another insurer) can return money for insurance on a loan in the following amounts from the amount of contributions:
- 100% if up to 30 days have passed since the signing of the insurance contract.
- About 50% if 1-6 months.
- About 20% if more than 6 months.
- 0% if more than 6 months.
The company determines the amount based on a specific period and its costs. You can ask for an expense statement to make sure it is up to date. It can be internal invoices, accounting documents, information on resource expenditure, etc.
What to do if Sberbank refused to return
If a client is faced with a refusal in 2018 to provide such reports, it is worth getting it in writing. This will give the right to claim compensation through the court. In order to return the insurance on the Sberbank loan through the court, the application (copy) must also be saved. It is worth doing this in advance, because it is not easy to restore it retroactively. This method should be chosen when faced with an unlawful refusal or having received permission to issue an insignificant, in the opinion of a citizen, size.
Preparing for trial, it is worth consulting a lawyer. He will assess the situation of the citizen from an independent point of view and explain what values \u200b\u200bhe can count on.
In court, the insurer will in any case be obliged to explain what amounts of the client's premiums were spent and for what purposes. If a long time has passed after the policy was issued, the more chances he has to prove that there is practically no balance of the client's money. Therefore, it is worth assessing how beneficial it is to collect through the court. Sometimes the money received may not even cover the costs of the trial.
Conclusion
When deciding to return insurance after repaying a loan at Sberbank in 2018, it is worth remembering the rules and requirements of the law described above and making a decision based on your situation. If the benefit is insignificant, then you should visit the office and simply terminate the contract or write an application to change the name of the beneficiary from Sberbank to individual, for example, your relative.
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