In some banks, obtaining a loan is impossible without signing an insurance agreement. Moreover, according to the law, this procedure is absolutely voluntary. In fact, some employees ignore the Civil Code of the Russian Federation (Article 935) and force their clients to purchase an insurance policy. One of the striking examples is Alfa Bank. It is worth considering in more detail the process of refusing an imposed service.

Alfa Bank has developed an income, life and health insurance program for its clients. The service is relevant for both credit borrowers and debit card holders. The program provides for the following insurance cases:

• Dismissal.
• Reduction of position.
• Liquidation of the enterprise where the borrower is employed.
• Death of the borrower.
• Receiving disability.

If any of the above cases occurs, the insurance company will provide assistance in repaying the loan. The amount of payments varies depending on the situation:

• If the borrower has lost his job, he can count on assistance in paying 3 monthly payments.
• The death or acquired disability of the client will oblige the organization to pay the full amount of insurance.

Each borrower determines the need to obtain a policy independently. Please note: purchasing insurance increases your loan amount.

How to refuse

The client has the right to return the loan insurance without resorting to court assistance. The procedure must be completed within 5 working days after the conclusion of the relevant agreement. The date of the latter is considered to be the moment of transfer of funds to the company. Once the application for refusal has been accepted, the insurance is suspended.

Return of insurance to AlfaStrakhovanie-Life is possible if you have the following documents:

1. The corresponding application, the form of which can be found on the official website or downloaded below.
2. Signed contract.
3. A photocopy of the receipt confirming payment of the required insurance premium.

The prepared papers must be sent to the head office of the organization. Important: Keep a copy of your application for yourself.

Going to court

How to get your insurance money back if:

1. The allotted 5 days have passed.
2. The bank refused to return the funds and terminate the insurance agreement.
3. Did the client not know about the existing insurance?

The most correct and effective way out of the situation is to file a claim. It is necessary to prepare copies of the following documents:

• Application for cancellation of the insurance contract.
• The agreement itself.
• Loan agreement.

The client should go to court with the package of listed papers. Do not forget to take the refusal previously received in writing.

If the loan is paid

It is difficult to get your insurance money back if the “cooling off” period has passed. This is considered to be 5 days after making the first payment.

To get his funds, the client will have to go to court. There is a chance to win the case, but the process may take a long time. However, it will not be possible to return the entire amount.

If you try to pay off the debt ahead of schedule, you will be able to get rid of insurance contributions much faster. This is most beneficial for situations where the agreement with insurers was not concluded for the entire loan period.

Refund amount

If you cancel insurance during the “cooling-off” period, the client will receive the entire amount, with the exception of payment for the period of validity of the contract. For example, the application was submitted on the 4th day after the first insurance and loan payment. This means that the money will not be returned in full, but minus payment for 4 days of insurance.

After the cooling-off period, the bank may refuse to issue a refund. This is illegal, which means the policyholder has the right to file a corresponding claim.

Don't panic if you wait a long time for an answer. A properly prepared application, as well as compliance with the required deadlines, will play into the hands of the organization’s client.

How to return Sberbank insurance on a loan or refuse to take it out

AlfaStrakhovanie-Life insurance can be returned within 5 days after concluding a loan agreement or early repayment of the loan. Write a corresponding application, attaching a package of documents to it. Sometimes the issue can only be resolved through court. Many people are interested in: how to return AlfaStrakhovanie insurance? When the question arises of where to borrow money, most often they turn to the bank to get a loan.

The essence of the policy

When registering, the client is offered to buy an insurance policy. In most cases, taking out insurance is on an involuntary basis. Otherwise, the loan will supposedly not be issued. It is profitable for banks to carry out such frauds. They receive a commission after each insurance sale.

If we turn to the Civil Code of the Russian Federation and the Federal Law “On the Protection of Consumer Rights,” the imposition of insurance is unlawful. They still try to impose an insurance policy by hook or by crook, arguing that it will help in case of force majeure (illness, loss of job, etc.). But whether there is insurance or not, this does not affect the loan agreement itself. How can I avoid being forced to purchase this insurance, which is illegal?

AlfaStrakhovanie-Life issues insurance policies for various life occasions. Including those who take out bank loans (for real estate, car loans). This is done when the borrower is unable to repay his debt to the bank on his own.

These cases include:

1. Dismissal/downsizing at work.
2. Temporary loss of ability to work.
3. Death of the borrower.

The insurance company itself will assume the obligation to repay the loan. In addition to voluntary insurance services (life insurance, health insurance, savings account), there is mandatory insurance in the field of lending.

These types of insurance include: real estate insurance - if the property is purchased with a mortgage.

For car owners, there are also various types of auto insurance that will help with compensation for damage resulting from an accident or theft. For example, CASCO, OSAGO (required for car insurance), Green Card, etc.

Waiver of insurance

So, the loan has been received and the money has been paid for it. How is insurance refund carried out at AlfaStrakhovanie-Life? Is it even possible to get the insurance back? Absolutely yes.

The Central Bank of the Russian Federation has issued a resolution regulating the process of issuing and canceling an insurance policy. According to it, all banks, when applying for a loan, are required to indicate in the contract the possibility of waiving insurance. A person who has taken out a loan and purchased an insurance policy from AlfaStrakhovanie-Life has the right, within 5 working days after registration (the so-called “cooling off period”), to refuse this insurance and return the money for it.

The sooner you return the insurance, the greater the likelihood of receiving the full amount. That is, the insurance company will not take a percentage of the cost of insurance.

To cancel loan insurance at AlfaStrakhovanie, you need to collect a package of documents:

• application for return of insurance (the form to fill out and a sample can be found on the official website of AlfaStrakhovanie-Life and downloaded or taken from Alfa Bank);
• insurance contract;
• a copy of payment of the insurance premium;
• copy of the passport.

Send all this to the head office of AlfaStrakhovanie-Life LLC.

At the same time, you can write a letter to the Central Bank. It should indicate that pressure was exerted by bank employees when applying for insurance, and that the loan was issued on unfavorable terms. Send by registered mail. This will help you get your insurance back much faster without going to court.

You can also write a review on the forum, to which a bank representative will respond. Other borrowers will be able to read and draw appropriate conclusions.

Refund of insurance through court

In AlfaStrakhovanie-Life, the return of insurance through the court is carried out in cases where: the bank does not respond to the application or the “cooling-off period” has passed, it is not possible to cancel the insurance.

Required documents:

1. Application for cancellation of insurance.
2. Agreement.
3. Loan agreement.

The court takes into account such factors when the procedure for canceling the insurance policy was not explained to the borrower and he is not aware that this is even possible. Or the loan application already contained consent to receive insurance, i.e. insurance is already automatically included in the contract. Having proved these circumstances, the court will make a decision in favor of the borrower.

If the loan is repaid early

If it is possible to repay a loan early, you must notify the bank where the loan was taken out 30 days before the loan is fully repaid. Moreover, this should not be done over the phone, but by coming to the bank in person. There they will have to recalculate the loan amount. This will be followed by termination of the loan agreement. According to the law, the borrower has the right to return part of the insurance premium for the unused period if the insured event does not occur.

But you need to look at the loan agreement:

• Is it stated there that it is possible to return the rest of the money if the loan is repaid early;
• AlfaStrakhovanie-Life may not return this part of the amount.

It should be noted that the borrower’s right to early repayment of the loan is enshrined in the Federal Law of October 19, 2011 “On Amendments to Articles 809 and 810 of the Civil Code of the Russian Federation.” This law states that the borrower has the right to return money spent on commissions, penalties, and fines for early repayment of the loan. In this case, the loan should not be related to entrepreneurial activity.

Refund for insurance

In order to get your insurance money back from AlfaStrakhovanie, and the full amount, you need to:

1. Pay off the loan early.
2. The loan was taken out for a period of no more than 2 months.

Sometimes the insurance company refuses to return the money paid for the policy. You can return the amount only with the help of specialists and online consultations.

If it is not possible to return the entire amount, then partially it is possible. Even if in a small amount, the money will be returned.

Why was the amount less? The insurance company will refer to the fact that the funds were spent purposefully to provide this insurance. If the cost of the insurance was quite large, but nothing was returned at all, you can make a request - a printout of the expenditure of funds, what the money was spent on.

When concluding a loan agreement, banks always offer the borrower to insure life, health and the risk of disability. Such an agreement is a kind of safety net that will help pay debts on time in the event of dismissal or an accident. The total amount of contributions can reach 15% of the loan amount, and the borrower pays attention only to the reduced interest rate.

Unfortunately, the lender does not always fully inform its clients about this agreement. Having read the contract in more detail, most citizens immediately think about the possibility of terminating it.

Below we will consider the features of registering a waiver of Alfa Insurance Life insurance.

Waiver of voluntary insurance at different stages of obtaining a loan

The legislation provides an exhaustive list of types of insurance for which it is impossible to terminate the contract ahead of schedule and, in fact, return funds. Thus, it is impossible to formalize an early cancellation of a voluntary insurance contract unilaterally when registering:

1. Medical insurance for citizens of the Russian Federation staying in the territory of a foreign state;
2. Medical insurance for foreign citizens and stateless persons who arrived in Russia for work;
3. Insurance contracts by persons who, only if they have one, are allowed to work due to their professional duties;
4. Contracts of civil liability insurance within the framework of international systems for vehicle owners.

As we can see, if an insurance contract is concluded during the lending process, refusal is possible. Moreover, the borrower is not initially obliged to enter into such an agreement, since the law establishes a voluntary procedure. On the other hand, refusing personal insurance usually leads to an increase in the interest rate, so it is better to calculate the overpayment in both cases in advance and choose the most profitable option for yourself. Below we will consider the features of terminating a contract with an insurance company at different stages of obtaining a loan.

Refusal at the loan application stage

Many large banks cooperate with the Alfa Insurance Life service. When concluding a loan agreement, they, of course, offer the borrower to protect themselves from common insurance events, such as injury or loss of work. The main word here is offer. According to numerous reviews on the Internet, some lenders very persistently impose these services on their clients, and if they refuse, they do not approve applications at all.

This practice is common, but it is completely contrary to current legislation. The difficulty is that it is almost impossible to prove this reason for refusal, so the creditor cannot be punished. It turns out that it is possible to refuse life and health insurance in words, but in practice this may well lead to the search for a new bank.

There is a way out of this situation, and the Central Bank gave it to us with its new resolution, according to which borrowers have the opportunity to terminate the insurance agreement after receiving a loan within 14 days (during the so-called cooling period) and return the funds paid towards the insurance premium.

Refusal after receiving a loan

The so-called “cooling off” period (14 days) is given to borrowers to consider the terms of the agreement. If during this period a citizen changes his mind about paying insurance premiums, the procedure for returning the premium will be greatly simplified. The only condition in this case is the non-occurrence of an insured event.

If the deadlines and the above conditions are met, the money will be returned to the client within 10 days after receipt of the application.

If the loan is paid

Having missed all possible deadlines and paid off the loan, the borrower still has a chance to return the money paid towards the insurance premium. To do this, they go to court with a corresponding application. The chances of winning are quite high, but it will not be possible to return all the money in full, because for some time before the borrower applied, the insurance company was still fulfilling its duties.

Refusal for early loan repayment

The chance of an insured event occurring over the entire loan period is quite low. It decreases even more if it is possible to pay off the debt ahead of schedule. In this case, the borrower is also entitled to return the money back from the insurer. Unfortunately, some lenders use a trick and provide in the agreement a clause according to which it is impossible to receive a refund of the premium if the loan is paid ahead of time. All that remains is to go to court with a demand to declare this provision illegal.

Procedure for canceling loan insurance Alfastrakhovanie

To summarize what was said above, the client has two ways to return the money paid towards the insurance premium:

1. Contact the insurance company directly if less than 14 days have passed since the conclusion of the contract.
2. Write an application to the court for a refund if you missed the “cooling off” period.

14 days during which the borrower has the right to refuse insurance and a simplified scheme for receiving money are counted from the time the funds are transferred to the insurer.

The contract terminates exactly from the moment the organization receives the document, along with which the following documents are transferred to Alfa Insurance Life:

• original contract for the provision of insurance services;
• a copy of the payment document confirming the transfer of the company's insurance premium.

Such a small package of documents is sent to the main office of the insurer. It is advisable to keep a copy of the application for yourself so that you have a document in your hands confirming your desire to refuse the company’s services.

Cancellation through the company

You can cancel your Alfa Insurance policy at the organization’s office, at the nearest Alfa Bank branch, as well as on the official website of the service online. To submit an application online you need:

1. Go to the website of Alfa Insurance Life Insurance Company;
2. Find the client area and click on the “Ask a question” sign;
3. Go to the menu on the right to the section “Cancellation of the insurance contract”;
4. Read the information provided there and download the template to fill out yourself;
5. Send an email to the address listed on the same page.

To ensure that the company receives the application no later than the 14th day, it is better to send it a day or two after the money is transferred. Otherwise, you will have to prove in court that you did not miss the deadline.

Going to court

To terminate an insurance contract in court, the client will need the following documents:

• a statement of claim addressed to the insurer for cancellation of the contract;
• a copy of the insurance contract;
• a copy of the loan agreement;
• refusal of the insurer to voluntarily terminate the contract (if received).

To draw up a statement of claim and get detailed advice on the specifics of the trial, it is better to contact a lawyer.

Additional documents

When drawing up an agreement (credit and insurance), some organizations give clients special documents to sign, indicating their informed consent to enter into an insurance agreement and that this agreement is voluntary.

If during the trial the defendant, i.e. If the insurance company provides such papers, the client is guaranteed to leave the courtroom with nothing. Therefore, we once again draw your attention to the fact that at any stage of applying for a loan, it is important to study in detail the documentation on which you leave your signature.

Refund amount when canceling insurance

By canceling the insurance contract, the client can count on a full refund of the funds paid, with the exception of those that were used to pay for the company’s services during the validity period of the contract. For example, the client submitted an application on the fourth day after making the first payment. This means that he will be refunded the money minus the cost of insurance for the past 4 days. As a rule, the amount of such deduction is insignificant, but only if you managed to notify the company of your refusal during the “cooling off” period.

We all have times when we need support. When it comes to financial difficulties, everyone has the opportunity to go to the bank and take out a loan. The bank is interested in making a profit from the borrower, but at the same time seeks to protect itself from the actions of scammers. Here, loan insurance comes to the aid of banks, but this method is not at all beneficial to the borrower. On June 1, 2017, a law came into force according to which loan insurance is completely voluntary. But some banks place insurance directly in the loan agreement, and the borrower, who has not carefully read the document, discovers this late. But don’t worry, because you can refuse it. In this article, we will look at what a waiver of insurance for an Alfastrakhovaniye loan looks like and how to formalize it correctly, and also tell you when Alfabank offers to take out insurance.

How to cancel insurance on an alpha insurance loan?

It is the payment that is considered the moment the insurance contract is concluded. It’s hard not to notice this, because Alfabank charges the full cost of insurance. Unless we are talking about credit card insurance.

Here the insurance will be charged along with the loan payments. What you need to do to cancel your Alfa Insurance insurance:

• Application for refusal of insurance (on the Alfastakhovanie website there is a form that you will need to fill out and print, this will save you time);
• Attach an insurance contract;
• A copy of the document confirming payment of the insurance premium.
• Send the collected documents to the head office of AlfaStrakhovanie-Life LLC

What to do if you found out about insurance too late? According to the law, the service is not mandatory, and the bank employee has the right to offer you insurance, but not impose it on you.

LLC alpha insurance life insurance waiver

How to cancel loan insurance after receiving a loan? The refusal may be appealed in court. If you have any questions about waiving credit insurance after receiving a loan, our on-call lawyer online is ready to answer them free of charge. We recommend reading: Division of shares into shares src=” “=”” The Ministry of Justice has already developed a draft law on the subject of the return of premiums, and so far there have been no violations on the part of the insurance company.
Here's about it http://www.asn-news.ru/news/62656 The most interesting materials on the site to your email address. © ASN Insurance News Agency LLC, 2018 Your personal data is processed on the site for the purpose of its operation within the framework of the Policy regarding the processing of personal data. If you do not agree, please leave the site. * The ASN team has been supplying the insurance market with industry news since 2000.

Alfa insurance - insurance return

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Fill out the application “Refusal of the Insurance Contract” on the website Sample application “Refusal of the Insurance Contract” (amended 04/16/2018 16:39) To terminate Insurance Contracts concluded from 01/01/2018. Refund of the insurance premium (insurance contribution) is carried out provided that the application was submitted within 14 calendar days from the date of conclusion of the insurance contract, unless another period is provided for by the insurance contract, in the absence of events in this period that have signs of an insured event. The date of conclusion of the insurance contract is the date of payment of the insurance premium, unless otherwise provided by the insurance contract.


Template for the application “Cancellation of the Insurance Contract” from 01/01/2018 (amended.

Cancellation of the insurance contract

It will not be possible to return the insurance money in full, but if an agreement was concluded on periodic payments of the insurance premium, then you have the opportunity to repay the loan ahead of schedule and be freed from debt obligations to insurers. How much will I get back if I cancel? If you decide to suspend your insurance after the cooling-off period ends, the bank may, of course, refuse to issue a refund. But this will be illegal and you can demand a refund through a pre-trial claim or court for the days of insurance that have not passed.

The policy is suspended from the moment you fill out an application for waiver of loan insurance, and not from the moment it begins to be reviewed, so you don’t have to worry that there is no response for a long time. Of course, it makes sense to communicate your reluctance to use insurance as early as possible. The payment will be slightly less, but the money will be returned to you.

FAQ

Attention

Important! Before filling out the application, please check the date of conclusion of the insurance contract and whether the deadline for submitting the application has expired, during which you can claim a refund of the insurance premium. You need to print out this Application, certify it with your signature and send its original to AlfaStrakhovanie-Life LLC at the address: 115162, Moscow, st. Shabolovka, 31. Bldg. B, AlfaStrakhovanie-Life LLC.


Please note that by attaching a copy of the Insurance Agreement, a copy of the document confirming payment of the insurance premium (insurance premium), and other documents (if any) to the application, you will speed up the process of making a decision on the return of the insurance premium you paid. The processing time for an application to cancel an insurance contract, including payment, is 10 working days from the date of receipt of its original by the insurance company.

"alpha insurance-life": insurance return conditions

Waiving loan insurance: step-by-step instructions Most often, clients are given the following alternative:

1. Higher interest rates and no insurance.
2. A program with a low interest rate and mandatory insurance.

Many are afraid that option number 2 is unprofitable. And therefore they themselves agree to additional services that they do not need. But it often happens that the increased interest is cheaper than the insurance policy payments, which can be up to 30% of the total amount. Is it possible to return loan insurance, and how to do it? At Alfa-Bank, insurance can be returned only during the cooling-off period. It lasts 5 days, starting from the day the insurance contract is concluded. In this case, the full amount of the paid insurance premium is returned.

Alfa insurance how to refuse

Important

Such litigation often drags on for a long time, but there is always a chance to defend your rights. It will not be possible to return the insurance money in full, but if an agreement was concluded on periodic payments of the insurance premium, then you have the opportunity to repay the loan ahead of schedule and be freed from debt obligations to insurers. How much will I get back if I cancel? If you cancel your insurance during the cooling-off period, you will be refunded the full amount, except for those days on which the insurance was valid.

That is, if you submitted an application 3 days after the first installment of the loan and insurance, then you will be refunded the money minus 3 days when you were insured. If you decide to suspend your insurance after the cooling-off period ends, the bank may, of course, refuse to issue a refund.

Is it possible to refuse Alpha insurance?

In the USA, for example, loan insurance is a normal practice and has become the norm. But whether it is worth taking out insurance is up to you. It affects the cost of the loan and significantly increases it. Therefore, if you are confident in your financial stability, you can refuse it and not overpay. How to cancel if Alfa Insurance has already been taken out? You have the opportunity to issue a refund of loan insurance without going to court within 5 business days from the date of payment of the insurance premium. It is the payment that is considered the moment the insurance contract is concluded. It’s hard not to notice this, because Alfabank charges the full cost of insurance. Unless we are talking about credit card insurance. Here the insurance will be charged along with the loan payments.

Is it possible to refuse alpha insurance?

The insurance package is called “Income, Life and Health Protection”. The essence of insurance is that the insurance company assumes the authority to repay the loan in cases covered by the insurance, namely:

• Dismissal of the payer;
• Reduction of payer position;
• Closure of the organization in which the payer works;
• Death of the borrower;
• Obtaining disability under any circumstances.

Payments will be made as follows in the event of an insured event:

• In case of job loss, insurers undertake to pay 3 monthly payments;
• If the borrower dies or becomes disabled, the company undertakes to pay the full amount of insurance.

Considering the unstable economic situation in the country and the world, perhaps loan insurance makes sense.
We all have times when we need support. When it comes to financial difficulties, everyone has the opportunity to go to the bank and take out a loan. The bank is interested in making a profit from the borrower, but at the same time seeks to protect itself from the actions of scammers.
Here, loan insurance comes to the aid of banks, but this method is not at all beneficial to the borrower. On June 1, 2017, a law came into force according to which loan insurance is completely voluntary. But some banks place insurance directly in the loan agreement, and the borrower, who has not carefully read the document, discovers this late.
But don’t worry, because you can refuse it. In this article, we will look at what a waiver of loan insurance from Alfastrakhiya looks like and how to formalize it correctly, and we will also tell you when Alfabank offers to take out insurance.

Often banks, when issuing consumer or other loans to constituent entities of the Russian Federation, offer to purchase insurance policies, and at the same time reduce the interest rate on the loan. The offer is tempting, but it obliges you to pay for the policy and this is not entirely profitable, and sometimes without purchasing insurance, loans are not issued at all. Despite the fact that Article 935 of the Civil Code of the Russian Federation states that life and health insurance is voluntary, employees of many financial organizations neglect this and impose insurance policies. How can you get your money back if you were forced to take out one or more insurance policies when receiving a loan? This will be discussed in the article.

The information in the article has an educational function and informs the reader about the procedure in relation to Alfastrakhovanie insurance company in case of cancellation of an insurance policy, but can also be useful to clients of other insurance organizations, therefore it is the most general, considering the main problems that borrowers may have when returning funds for previously purchased insurance.

The main thing that a borrower needs to understand before purchasing a loan is that no bank or insurance company has the right to impose insurance. Buying insurance, of course, has several advantages, but not everyone can afford it, and not everyone needs it.

There are rumors on the Internet that many branches of large banks impose various insurances and, as netizens write, the Internet, based on their own experience in obtaining a loan, without obtaining insurance, banks refuse to issue loans at all. Such cases are possible, this cannot be denied. But who will protect citizens if not the legislation of the Russian Federation? Just because of receiving a large number of complaints about the work of banks, the Central Bank obliged all banks to provide in their loan agreements a condition that would allow the borrower to refuse the insurance policy he purchased when applying for a loan and return back the money paid by the insurance company as a premium for services . Refunds for cancellation of insurance must be completed within 10 days, the report begins from the day the client contacts the insurance company with the corresponding application.

Therefore, even if you find yourself in a situation where they won’t give you a loan without purchasing insurance, you can later return the money paid to the company to the insurer and thereby restore justice. After all, as already mentioned, no bank or insurance company has the right to impose insurance. Purchasing an insurance policy is voluntary.

How to get money back for loan insurance?

In order to return the money that a bank client paid for obtaining insurance from an insurance company, which is a partner of the bank where the loan was received, or directly to the bank, if it is an organization providing both credit and insurance services, it is necessary to write an application for a refund of funds for insurance, that is cancel a previously purchased insurance policy in writing.

The insurance company or bank where the loan was obtained must provide the client with the necessary information that will be needed to complete the application. In addition to the application itself, the form of which must be provided by the insurance company, you need to collect the necessary package of documents. The insurance company is also required to inform you what documents are needed.

There is a section on the Alpha Insurance website where you can see a sample of a completed application for refusal of insurance; it is not difficult to find it yourself, you just need to carefully study the site menu, find the desired page in the appropriate section and read the information. In any office of the organization, managers must also provide all the necessary information and help with filling out the application.

Documents that can speed up the payment of funds previously paid by the insurance company as an insurance premium:

• a copy of the contract with the insurance company,
• a copy of the receipt for payment of the insurance premium.

The application must be written within 5 days from the date of conclusion of the contract for insurance. You need to remember this and hurry up with submitting the application, otherwise it will be too late and you won’t be able to return the money for the insurance policy quickly and without problems.

Cancel insurance at IC Alfastrakhovanie-Life LLC

You can return funds for a previously purchased Alfa Insurance policy online, at the Insurance Company office, at the Alfa Bank office. The fastest and easiest way to cancel an insurance policy is to submit a refund application online on the company's website.

On the official Internet portal of Alfastrakhovanie-Life Insurance Company LLC, you need to find the section “Cancellation of the insurance contract”, to do this you need to go to the client area, then go to the “ask a question” section, then find the desired item in the menu on the right. By going to the page “Cancellation of the insurance contract”, you must carefully read the information provided. On this page, the company's client can study a sample application, as well as download the application template itself, which must be filled out and sent in a letter to the address indicated on the page.

To be sure that the letter will reach the organization within 5 days from the date of concluding the insurance contract, it is recommended to submit an application for waiver of insurance on the first or second day from the moment of its purchase. Otherwise, you will have to prove in court that you sent the letter, for example, on the fourth day after the conclusion of the insurance contract, but it arrived at the organization later than 5 days.

Waiver of loan insurance: new resolution of the Central Bank of the Russian Federation

The updated rules, as already mentioned, oblige any insurance company to return insurance funds if, within 5 days from the date of conclusion of the insurance contract, an application was submitted from the client to refuse to receive the policy. An additional condition that makes it possible to receive money back is that an insured event must not occur during this five-day period. The latter is very unlikely, so you can omit this condition and remember the main thing: you need to notify the insurance company of your decision within 5 days.

If the deadline is met, then, in principle, there should be no problems with receiving the funds paid for the purchase of insurance and the insurance company will pay the client his money within the next 10 days.

The insurance contract may stipulate conditions that, even if the client sent a refusal within 5 days, will leave part of the money paid as an insurance premium with the insurance company. For example, you wrote a refusal on the fourth day, then formally 4 days before writing the refusal you were insured, which means the insurance company has the right to receive payment for its services for this short-term period. These details are discussed directly with the manager of the insurance company. The amount withheld in this way is usually insignificant.

How can I get my insurance back if I repay my loan early?

If you repaid a bank loan ahead of schedule, but the insured event did not occur, then you also have the right to terminate the contract with the insurance company. However, some insurance companies stipulate conditions in the insurance contract that do not provide for reimbursement of the insurance premium to the client in case of early repayment of the loan. Then all that remains is to go to court, for this you need to get a good lawyer and describe the situation to him in detail, he will, from his professional point of view, evaluate the chances of getting the money back and discuss the upcoming costs.

Judicial practice shows that every citizen of the Russian Federation has a chance to return the money for insurance if the loan is repaid early, but it will be necessary to prove that the insurance risk ceased to exist due to circumstances not covered by the insured event. That is, if the loan agreement with the bank is terminated, and it was the object of risk, then the risk itself is eliminated.

Application for refund of loan insurance

You can submit an application for a refund of funds paid by the insurance company as an insurance premium on the organization’s website or by coming to the office in person. The main thing is to contact the insurance company within the first 5 days from the moment the contract is concluded. To speed up the process of receiving payment, you must provide copies of the insurance contract and payment receipt.

The application for refund of the insurance premium indicates the personal data of the client of the insurance company and some data from the insurance contract (bank details, etc.).

Procedure for going to court

The very first thing you need to do is collect all the documents that in one way or another indicate the fact of concluding an agreement with the insurance organization. You will need not only an insurance contract, but also an agreement to obtain a loan from a bank, which is a partner of the insurance company and provided the opportunity to purchase an insurance policy during the conclusion of the loan agreement. Be sure to save and make copies of all receipts and checks (check for payment of insurance premium, as well as all checks for loan payments). The collected documents must be taken to a consumer protection organization and a statement must be drawn up.

The best solution would be to hire a qualified lawyer and with his help solve the problem. A professional lawyer is well aware of all the pitfalls that may be encountered on the path to restoring justice, so cooperation with him will ensure the absence of headaches and endless running around various authorities.