Mortgage Loan Insurance

The Home and Family Protection insurance program integrates Life Insurance protection by UBB - MetLife Life Insurance Company AD and Property Insurance by DZI General Insurance EAD as an inseparable part of UBB mortgage loan parameters.

Life Insurance coverage by UBB - MetLife

  • Death due to sickness or accident with face amount equal to the residual loan amount.
  • Permanent Total Disability (PTD) due to sickness or accident with face amount equal to the residual loan amount.
  • Total temporary disability (TTD) due to sickness or accident. The indemnity equals the monthly loan installment. After 60-day waiting period indemnity will be paid for each full 30-day period of TTD. The coverage option is active with group policy 2024.

Property Insurance coverage by DZI General Insurance EAD

Damages to the mortgaged property arising from:

  • Fire; thunder (lightning); explosion; falling of and collision with a flying object; flood; water damage as a result of failure in the plumbing, sewerage and heating installations; hurricane; hail storm; falling of trees, poles and other objects, which are not part of the damaged insured object and which do not belong to the same class of objects; weight due to the natural heaping of snow and ice; landslide and subsidence; damages caused by smoke; vandalism; earthquake; 
  • Additional coverage: Civil liability for damages, resulting from injuring the property of third parties, as a result of fire, explosion, flood, water damage as a result of failure in the plumbing, sewerage and heating installations of the insured object, which damages the Insured is obligated to indemnify on tort-related grounds.   

Additional info

With regard to Life Insurance

General Terms
Frequently Asked Questions
Inquiry Form

 

In case of an insured event under a Life Insurance policy

The insurance claim may be submitted via a UBB branch or directly sent to the Insurance company.

See detailed information about the required documents or visit a branch of UBB.

In case of an insured event under a Property Insurance policy

The insurance claim may be submitted via a UBB branch or directly sent to the Insurance company. 

In case of property insurance event, claims can be processed:

Or give us a call
0700 117 17
7171
Short number for local calls by Bulgarian mobile network subscribers
+3592 483 1717
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