Alpha Individuals personal loan insurance

Payment of instalments up to €4,000

With the Alpha Individuals insurance plan you ensure that the interest-bearing instalments of your personal loan, i.e. instalments repaying both interest and principal, will be paid on time every month in case you are hospitalised.

1 instalment is paid for each 10-day hospital stay and up to 4 instalments in total, for a maximum of €4,000.

Repayment of your personal loan

You are covered for the outstanding balance of your performing personal loan up to €50,000 in case of 67% or more disability rating, or in case of loss of life from any cause.

Up to €50,000

You are insured up to €50,000 for a personal loan you have taken out with Alpha Bank.

You don’t need to fill in a health questionnaire or undergo medical tests. However, you are not covered for conditions that pre-date the plan start.

For 1 year

The insurance term is annual.

It is automatically renewed each year, until your personal loan is repaid.

Depending on the amount you’ve insured

The annual premium is €7.555 for every €1,000 of the loan principal you have insured.

One-off or monthly

You can pay your premium:

• In one go, for the entire loan term, if your loan is up to €7,000.
• Every month, by standing order from the account you use to pay your loan, if you loan is €7,000 or more.

Call Generali to report the hospitalisation, disability or loss of life and make a claim:

• 801 111 222 333
• +30 210 809 6100

Then, Generali assesses your claim and starts the payment process.