About the insurance

Attractive insurance “Pożyczka pod ochroną” will ensure comprehensive support for you and your kin in numerous unexpected circumstances, such as:

  • critical illness,
  • death,
  • hospitalization caused by accident or sickness,
  • loss of work or death caused by accident,
  • temporary incapacity to work or disability or covering costs of rehabilitation or rehabilitation equipment.

Insurer will also allow you to receive second medical opinion in foreign medical facility.

Insurance “Pożyczka pod ochroną” offers insurance protection adjusted to your needs - an insurance package ensures coverage in all the above events and changes automatically depending on your professional situation and current pension/disability pension entitlement.

Why can you breathe easy with insurance “Pożyczka pod ochroną”?

Should any of the above unexpected circumstances occur, the Insurer will pay for you:

  • up to 12 instalments if you lose work;
  • up to 6 instalments if you are taken to hospital as a result of accident, or sickness;
  • even 36 instalments if you are temporarily unfit for work;
  • 50% of the your part of granted loan amount (including credited insurance commission and insurance premium) in case of death due to accident*;
  • whole your part of granted loan amount (including credited insurance commission and insurance premium)*;
  • granted loan amount (including credited insurance commission and insurance premium), and additional amount of 25 000 PLN in case of falling ill with one of serious diseases*;
  • up to 5000 PLN in case of covering rehabilitation costs or up to 1000 PLN in case of covering rehabilitation costs.

Insurers will also organize and cover the costs of second medical opinion.

* If you conclude insurance contract during loan repayment Insurers will pay the insurance benefit amount equal to your part of loan balance at the day of insurance contract conclusion, accordingly to loan payment schedule.

Regulations

Concluding an insurance agreement is easy and quick.

You can use your insurance:

  • when concluding a loan agreement at a Bank branch or via Millenet,
  • during the term of the loan agreement if you have an uninsured cash loan at Bank Millennium, you can conclude an insurance agreement by submitting a signed form - Insurance contract application at any Bank Millennium branch.

The insurance premium depending on the option is 0.31% of the loan amount granted together with the commission (if credited) monthly.

For your convenience, the premium is added to the loan amount.

The insurance is offered in cooperation with Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A.

Do you know that you can lower your cash loan interest rate with insurance?

According to the current Cash Loan Price List the conclusion of the “Pożyczka pod ochroną” (Loan under protection) insurance agreement in Option 1 and the indication of the Bank as entitled to all benefits under the insurance agreement will reduce the interest rate on your loan.

If you conclude an insurance contract in Option 1 at the time of concluding your cash loan agreement the Bank's commission for granting the loan will also be reduced.

Cash Loan - See more details of current offer

Detailed rules for granting insurance coverage by Insurers - Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. including information on liability exclusions are included in the Loan under protection Terms and Conditions. A summary of significant product features is included in the Product Card – Loan under protection.

The Insurance Agreement shall be concluded by the Customer with the Insurers via Bank Millennium SA (hereinafter: “the Bank”), and Europa Millennium Financial Service (hereinafter: “EMFS”) acting in the capacity of insurance agents 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, EMFS is listed under No. 11256036/A in the Register of Insurance Agents kept by Polish Financial Supervision Authority (https://rpu.knf.gov.pl/). Detailed information about the Bank’s and EMFS’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 and EMFS as an insurance agents have a proxy issued by Insurers to act on behalf of Insurers.

Additional products

Cash Loan

Fast, easy and inexpensive. A simple way to carry out your plans.

Consolidation Loan

Save money by replacing several instalments paid to many banks with a single lower instalment.

How to get

Online

Check your quote
and buy insurance online

Should you have any questions,
call us at

22 598 41 07

Monday - Friday 10:00 a.m. - 6:00 p.m.