About the insurance

We offer you insurance of your property provided in cooperation with PZU SA as security for mortgage loan, consolidation loan and home equity loan.

Thanks to this insurance your house or flat will be protected against damages in consequence of the following:

  • fortuitous events: fire, lightning, flood, snow and ice, flooding, precipitation, hail, hurricane, explosion, landslide or subsidence, avalanche, falling aircraft, vehicle impact, supersonic bank, earthquake, smoke and soot, falling trees or masts,
  • acts of terrorism,
  • overvoltage,
  • devastation,
  • rescue operation conducted in connection with insurance events covered by insurance protection.

Furthermore, when you conclude the insurance agreement you will be able to use the services provided by PZU POMOC as regards medical assistance in the place of the insurance, assistance in case of hospitalisation, specialist support at home or information services.

The insurance premium is only 0,09% of the value of the property per year, paid in equal monthly installments, irrespective of the type of the property.

Minimal formalities related to the property insurance!

  • You should just declare your intent to take out the insurance when filing your mortgage loan application at Bank Millennium's branch and submit Insurance policy in order to conclude insurance agreement – you do not need to submit additional documents or fulfil additional requirements.
  • We perform all the actions related to the insurance benefit assignment agreement required for mortgage loan collateral purposes and continuation of the insurance together with the loan – you will not have to submit your current policy every year and to remember the payment term.

Detailed principles of granting insurance cover by the Insurer - Powszechny Zakład Ubezpieczeń (PZU SA), including information about exclusions of PZU SA liability, are stipulated in the Insurance Terms & Conditions “Buildings and residential premises insurance of mortgage/home equity borrowers in Bank Millennium S.A.” A summary of essential product features are contained in the Product Card – Buildings and residential premises insurance.

The Insurance Agreement shall be concluded by the Customer with the Insurers via Bank Millennium SA (hereinafter: “the Bank”), acting in the capacity of insurance agent on behalf of multiple insurance companies. The Bank is listed under No. 11162860/A in the Register of Insurance Agents kept by Polish Financial Supervision Authority (https://rpu.knf.gov.pl/link opens in a new window). Detailed information about the Bank’s activity as insurance agent required by the Act on insurance distribution, including fee information, principles for filing claims and complaints, and out-of-court settlement of disputes can be found in the Product Cards concerning this insurance, including Insurance Agent information. Bank as an insurance agent has a proxy issued by Insurers to act on behalf of Insurers

Additional products

Mortgage Loan

For the funds you get you can buy a flat of your dreams or fulfill your plan to build your own house.

Home Equity Loan

A loan you may use for any purpose you want! Holidays, car, education?

Life insurance

Ensure financial stability for you and your kin even at the most difficult times.

How to get

Online Application

If you are interested in the insurance


Call us

801 331 331
In our branches
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