ERGO Life insurance for Luminor bank customers
Life insurance
It is an insurance service intended for individuals or families who seek to secure financial protection in the event of an accident, who wish to insure their lives and those of their loved ones and/or receive benefits in case of incapacity for work or illness. The premiums under this insurance are not intended for investment or accumulation. You can choose the duration of the insurance and the desired (one or more) insurance coverages: life insurance, insurance of incapacity for work and insurance against cancer and other critical illnesses.
Interested in consultation on insurance? We are ready to help you.
Why to choose ERGO insurance?
Life insurance
This insurance is a non-cumulative life insurance covering only against the risk of death. The sum insured is paid out if the insured person dies due to illness or is killed during the insurance period. This service is mostly chosen by our customers who have financial obligations and care for their loved ones. If you have obligations to the bank, you can choose a variable sum insured that gradually decreases.
One contract for the whole family
You can include yourself and/or your relatives in the insurance contract, without limiting the number of insured persons in one contract.
Additional insurance benefit in the bank Luminor
Since 1 June 2023, for customers who have a mortgage loan, if a baby is born to the insured person during the validity period of the insurance contract, a one-time birth allowance of EUR 150 will be paid to him.
Favourable conditions for insurance against cancer and other critical illnesses
You can choose insurance against cancer and other critical illnesses (4 diseases are covered – cancer, myocardial infarction, cerebral infarction/stroke, multiple sclerosis).
Insurance against incapacity for work
If the insured person becomes incapacitated for work due to an insured event, the sum insured of this person that was valid on the day of the insured event is paid out. An insured event is an irreversible loss of the insured person’s capacity to work (participation), caused by pronounced disorders of various functions of the body that appeared during the insurance coverage validity period, as a result of which the insured person has a level of capacity (participation) of 0-25% and the condition continues for more than 12 months.
Why to choose ERGO insurance?
This insurance is a non-cumulative life insurance covering only against the risk of death. The sum insured is paid out if the insured person dies due to illness or is killed during the insurance period. This service is mostly chosen by our customers who have financial obligations and care for their loved ones. If you have obligations to the bank, you can choose a variable sum insured that gradually decreases.
You can include yourself and/or your relatives in the insurance contract, without limiting the number of insured persons in one contract.
Since 1 June 2023, for customers who have a mortgage loan, if a baby is born to the insured person during the validity period of the insurance contract, a one-time birth allowance of EUR 150 will be paid to him.
You can choose insurance against cancer and other critical illnesses (4 diseases are covered – cancer, myocardial infarction, cerebral infarction/stroke, multiple sclerosis).
If the insured person becomes incapacitated for work due to an insured event, the sum insured of this person that was valid on the day of the insured event is paid out. An insured event is an irreversible loss of the insured person’s capacity to work (participation), caused by pronounced disorders of various functions of the body that appeared during the insurance coverage validity period, as a result of which the insured person has a level of capacity (participation) of 0-25% and the condition continues for more than 12 months.
Terms and Conditions of Life Insurance for Luminor Customers
Specialiosios suaugusių asmenų draudimo nuo vėžio ir kitų kritinių ligų sąlygos Nr.028-04
