The Association of Russian Banks announced the expediency of abolishing the requirement for compulsory insurance of property pledged under a
mortgage agreement. Also, according to banks, there is no need to introduce compulsory life and health insurance of the borrower, since the fulfillment of loan obligations by the borrower is secured by pledged property.
According to banks, this would reduce the total cost of the loan by
purchase an apartment and return the loan amount and interest for its use without prejudice to the bank. In addition, banks could use voluntary insurance at their own discretion, which does not contradict the freedom of a civil law contract
Last month, the Central Bank made a proposal to transfer the costs of insuring the collateral, as well as the life and health of the borrower from an individual to a bank when applying for a mortgage . Today, when obtaining loans for
purchase of an apartment, borrowers by law must insure the purchased
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage. a href="https://www.gjacip.ru/ipoteka/">mortgages to transfer the costs of insuring the collateral, as well as the life and health of the borrower from the individual to the bank. Today, when obtaining loans for
purchase of an apartment, borrowers by law must insure the purchased
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage. a href="https://www.gjacip.ru/ipoteka/">mortgages to transfer the costs of insuring the collateral, as well as the life and health of the borrower from the individual to the bank. Today, when obtaining loans for
purchase of an apartment, borrowers by law must insure the purchased
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage. as well as the life and health of the borrower from the individual to the bank. Today, when obtaining loans for
purchase of an apartment, borrowers by law must insure the purchased
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage. as well as the life and health of the borrower from the individual to the bank. Today, when obtaining loans for
purchase of an apartment, borrowers by law must insure the purchased
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage. By law, borrowers must insure the acquired
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage. By law, borrowers must insure the purchased
real estate, which they pledge to the bank, and also have the right to insure their life and health. The new concept of the Bank of Russia assumes that insurance of property, as well as the life and health of the borrower, becomes necessary for obtaining a
mortgage.
