Conscious choice of protection
Insurance.
Know the terms first.
When choosing a policy, start with what you want to protect. Get to know the types of insurance and check which provisions you should pay attention to before concluding a contract.
Choose a topicCredit and liabilities
Protection related to loan repayment.
02House and apartment
Walls, equipment and scope of risks.
03Life and health
Benefits and conditions for the protection of loved ones.
04Travel
Medical costs and assistance during the trip.
Before you make a decision
Don't compare
same price.
A lower premium may mean different coverage. Compare policies that cover similar events and limits.
- Scope and exclusionsCheck which events are covered and which the insurer is not responsible for.
- Sum and limits of benefitsAssess whether the amounts match what you want to protect. Individual policy elements may have separate limits.
- Start and duration of protectionRead from when the policy is valid, how long it is valid and whether there is a waiting period.
- Deductible and reporting damageDetermine how much of the cost you can cover yourself and how the incident is reported.
Credit-related insurance
Such a policy may support the repayment of the liability after an event specified in the contract, e.g. the death of the insured person. Check who receives the benefit, what the insured amount is and whether it changes over time. The scope of protection and exclusions result from the documents of a specific product.
Learn about the concept of insuranceHouse and apartment insurance
Determine whether you want to protect walls, permanent elements, equipment, or several of these elements at the same time. Check for risks such as flooding or theft and value the property accordingly. Too low an amount may mean that the amount paid will not be enough to cover the damage.
Financial Ombudsman's GuideLife and health insurance
The protection may cover life and health events specified in the contract. When comparing, check not only the amount of the benefit, but also the definitions of events, the scope of additional contracts and the rules for starting protection. Products may vary in terms of payout.
Example of scope and product documentsTravel insurance
Match your policy to your travel destination and planned activities. Pay attention to medical costs, rescue, assistance and liability limits. Sports or other activities may require expanded coverage. You can check the terms of protection in the policy and the General Terms and Conditions.
Questions and answers about travel insuranceDocuments matter
What will you find in the General Terms and Conditions?
The General Insurance Terms and Conditions describe, among others: scope of protection, exclusions, obligations of the parties and rules for payment of benefits. Read them together with your policy and other product documents.