The Azerbaijan State News Agency

ECONOMY

® Kapital Bank offers life insurance for loan customers

®  Kapital Bank offers life insurance for loan customers

Kapital Bank, the country’s first bank, is introducing a new product, “Credit life insurance” for its customers taking out loans. This widely successful practice in many countries aims to provide insurance coverage against death and other additional risks for individuals who have taken consumer loans. The “Credit life insurance” product ensures that the borrower’s death or disability caused by illness or accident, their outstanding loan will be covered by the insurance company.

With this new service, Kapital Bank aims to not only reduce the financial burden on customers and their families but also offer them additional financial support in the face of unforeseen circumstances. This service will also contribute to the growth of personal banking.

Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 118 branches and 53 departments all over the country. For more detailed information about the bank’s products and services, please refer to https://kapitalbank.az website, 196 Call Centre or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk, for a Birbank installment card visit https://kbl.az/prcrc.

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