Life insurance Safe Family

We can tell our close people that we love them not by words only. By insuring, make sure that in the case of a sudden disaster your family had a sound financial basis, if you would not be able to help it yourself, in this way grant your family more peace of mind for the future.

Life insurance Safe Family dedicated for Šiaulių bankas‘ customers is another opportunity to say your closest people “love you”.

Advantages for Šiaulių bankas customers

By selecting life insurance Safe Family, you will be covered with not only life, but also accidental injury insurance. So, by insuring your family, you provide it with expeditious financial assistance when it is needed. It is:

  • Inexpensive: premium of EUR 6.10 per month for Šiaulių bankas‘ customers;
  • Flexible: its up to you to choose the insurance sum: EUR 5000, EUR 7500 or EUR 10000;
  • Simple: you do not have to take care that the insurance premium was paid on time, because with the help of periodic SEPA transfer it on a monthly basis will be debited from your account in Šiaulių bankas;
  • Fast: insurance takes effect on the next day after payment of the first instalment.

Insurance conditions

Basic conditions
The insurance sum and premiums
Insured events and benefits
  • Šiaulių bankas customers aged 18 to 55 can enter into life risk insurance contract.
  • Whenever entering into a contract insuring life, accidental injury is additionally insured.
  • This insurance is not intended to accumlate funds for the future, it is the financial protection of the most common risk situations.
  • Contract term: no longer than the period before the insured reaches the age of 55.
  • The contract is intended to insure one person.
  • There are three insurance sums offered. Insurance amount of accidental injury is equal to the amount of life insurance.
  • Insurance premiums vary depending on the selected insurance amount. You can choose from the following insurance amounts and monthly payment options:

Insurance amount

Insurance Premium

EUR 5 000

EUR 6,10 per month

EUR 7 500

EUR 9,15 per month

EUR 10 000

EUR 12,20 per month

Insurance benefits are paid in the case of the following insured events:

Insured event

Insurance benefit

Death of the insured during the insurance period (insurance protection in force)

  • insurance amount selected at concluding the insurance contract
  • in the case of death in an accident: the amount is equal to twice the size of the insurance sum

Accidental injure of the insured during the insurance period (insurance protection in force)

 

Amount is calculated according to percentage part of insurance amount of the damage to the health using the insurance premium calculation table given in Life risk insurance Safe Family Rules


In the case of insured event, the insurance benefit is paid no later than within 30 calendar days from the date of receipt of the complete information about the event, its circumstances and consequences. Quick financial assistance is very important in the cases of disaster.

Where to go in order to insure?

The insurance contract can be concluded in all branches of Šiaulių bankas, operating in 38 cities of Lithuania. If you have questions or need further information, you can also call 1813 (for calls from abroad +370 37301337) or write e-mail: klientai@sb.lt.