Refund of insurance upon early repayment of a loan from Sberbank, VTB 24 and other banks

Making a loan at the bank, the client already knows that, in addition to the funds taken, he will need to return the commission for their use. These percentages can be very tangible, especially if the insurance amount is included in the extra costs. Avoid it will not work if the loan is issued for a long time on the security of property. But there is good news. These costs will be compensated if the debt is paid ahead of schedule. How is insurance returned? early repayment of a loan, You will learn from this article.

Limitations

In any case, it is worth striving to pay off the debt to the bank ahead of schedule. Such an action will affect the state of personal finances and improve the credit history of the client. Previously, banks charged additional fees for such an operation. It was not profitable for customers to repay the loan ahead of schedule. To date, the situation has changed a bit. Banks are still interested in customers using their money as long as possible. No commission is charged for this operation, but special conditions are set. For example, with mortgage lending in the contract, such restrictions may be fixed:

• Early repayment is allowed after a certain period (3 years or months) after signing the documents.
• The amount of payment may not exceed the established framework (for example, a double monthly payment).
• In rare cases, the contract states that this operation is not possible at all.

Early and partial repayment are not equivalent concepts. In the second case, the amount of the monthly payment increases. This may have a different effect on the debt repayment schedule. If such a transaction was agreed in advance with the bank, then the amounts and repayment periods will be recalculated. In the standard scheme, early repayment helps to reduce future payments (by reducing the amount of interest). In annuity - you can only reduce the loan term. The amount of payments will not change.

How to repay a loan ahead of schedule

Details of this operation can be obtained from bank employees. Sometimes it is necessary to write a statement in advance (the deadlines are clearly regulated). It may take some time before you are allowed to repay the debt. 3 days after repayment, it’s worth calling back to the bank and clarifying the result of the operation, making sure that the security arrest is removed from the property. Do not be too lazy to order certificate of absence of debt. It takes a long time and is not free. But this is an additional guarantee against unexpected surprises.

Termination of the contract

The reasons for the possibility of early termination of the insurance contract are specified in Art. 958 of the Civil Code of the Russian Federation. The agreement ceases to be valid after the occurrence of the insured event - payment or the occurrence of risk to completely cease to exist. This may be damage to property without the occurrence of an insurance event. In this case, the company is entitled to some portion of the premium. The client may refuse to sign documents. But all premium paid is non-refundable.

Civil Code of the Russian Federation (Ch. 29) provides such grounds for termination of the contract:

• violation of the terms of at least one of the parties;
•  significant change in circumstances;
• by agreement of the parties;
• in case of performance by the insurer of all obligations;
• upon non-payment of contributions on time;
• upon liquidation of the insured or his death.

How to apply for a return of insurance for early repayment of the loan?

Immediately after the return of the debt, you need to contact the company with the following documents:

• copy of the contract;
• passport;
• a certificate from a financial institution confirming the fact of payment of the loan;
• an application for a refund of insurance upon early repayment of a loan from Sberbank (if we are talking about this organization).

Many clients make one mistake: at first they go not to the company, but to a financial institution. If this service was included in the general package, then you need to make out a return of insurance for early repayment of the loan with a pre-trial claim. A response from the bank should come no later than 10 days later. If this does not follow, it is necessary to prepare a statement of claim. The meeting is usually held for one to two months. Based on its results, a final decision is made. In order to receive a refund of insurance upon early repayment of a loan at Trust Bank, it is better to prepare information in advance on all illegal commission fees of the institution.

Practice

VTB, on the basis of a client's application, prepares a refund of insurance upon early repayment of a loan. Sberbank and AutoCreditBank also calmly relate to this issue. But in the “Absolute” and “Binbank” they believe that the amount of payment is not large, so it is not refundable. In this case, the court cannot be avoided. Rospotrebnadzor is on the side of borrowers in this matter. This structure actively works with all complaints and provides useful advice.

Refund of insurance upon early repayment of a loan at Alfa Bank

Such an opportunity appears after the disappearance of risks - payment of the amount, taking into account interest. Very often, customers do not even know that insurance is included in the contract. Such actions by employees automatically fall under Art. 159 of the Criminal Code (chapter 21). If the borrower refused insurance, then consumer rights are violated. Although the data about the service was incorrectly provided by the seller, banks most often in such cases refuse to provide money on credit.

The law states that the service is voluntary when it comes to life and health insurance. Credit institutions are not allowed to impose it. Financial risk exists in every case. The client must decide whether he needs an additional guarantee. If he takes a loan from a bank and knows for sure that he will repay the debt ahead of time, then why should he sign an additional contract and then think about how to arrange a refund of insurance upon early repayment of the loan (in Home Credit, for example)?

Types of Insurance

Most often, banks offer their customers the following insurance options:

• Life, health - the company undertakes to reimburse the remaining debt for the client if he receives a disability or dies during the term of the contract. In this case, the heirs are exempted from paying the debt.
• Property (car, apartment) - in case of serious damage, they must be fully paid by insurance.
• Job loss is the risk associated with the lack of a source of income.

When an insured event occurs, the company must transfer to the bank the amount to pay off the debt in whole or in part. The contract is renewed annually until all the money is returned. Costs borne by the borrower. In practice, it is difficult to collect the entire package of documents that the bank requires at the time of the insured event in the first two situations. In the third option, payment will occur only in case of liquidation of the enterprise.

How much money can I get?

Hurry with the repayment of the debt and think about how to arrange a return of insurance for early repayment of a loan from Sberbank, it is also worthwhile because the price of this service is 85% overpriced. The contract often includes clauses that make the process of the occurrence of an event extremely difficult. Even if the service is bought with the loan (without making a deposit), the user has one month to refuse the additional guarantee and ask for a full refund.But in this case, in order to receive a refund of insurance upon early repayment of the loan, you must contact the guarantor, who must recalculate the time of using the service, deduct the money that was paid for the period of the contract, and return the balance.

If the application is submitted in the first quarter of the program, the client has the right to receive half of the contribution. Further, the amount will decrease. This service is provided for in Art. 343 of the Civil Code of the Russian Federation as mandatory only when applying for a car loan or mortgage. At the same time, the clause may immediately be prescribed in the contract stating that it is not possible to return insurance upon early repayment of a loan at VTB 24. Then the appeal to the court will not bring any result. In all other cases, the client has the right to demand his money back.

Another option is not to pay insurance after paying off the loan to terminate the contract automatically. But in this case, it is better to consult with a lawyer in advance, who can study the paragraphs on the responsibility of the client in detail.

If the return of insurance upon early repayment of the loan at Sberbank of Russia is made without problems, then the client can receive:

• one-time contributions;
• insurance payments;
• Amounts paid through the bank.

Insurance imposed by a financial institution also belongs to this group. They are used to ensure the risks of banks at the expense of client money.

Who to ask for help

Non-profit organizations for the protection of consumer rights operate in Russia. They help customers arrange a return of insurance for early repayment of the loan. Judicial practice is ambiguous. But if the bank itself imposed this service, then the probability of a positive decision is high. The lawyers of the company have the practice of challenging such issues in court under the laws of the Russian Federation. The meeting is held without the participation of the applicant. The client does not incur material costs and data confidentiality is maintained.

One of such organizations is Human Rights Defender, which operates throughout the Russian Federation. This structure accepts an application for the return of insurance for early repayment of the loan no later than three years after the event. Banks cannot track them. The interests of all citizens are protected, regardless of their social status. Services are paid at the expense of the bank by court order.

Practical steps

The return of insurance upon early repayment of a loan to Renaissance depends on the following nuances:

• the presence in the contract of a clause on any restrictions in this operation;
• time of using the service (handling the application during the first month will allow you to return up to 100% of the amount, a quarter - half, then the calculation will be carried out every day).

Practice shows that independent steps of clients in this direction often do not bring results. Better to act through specialists. In Krasnodar, Bashkortostan, Tatarstan there is a MOOP ZPP. Due to the extensive practice of lawyers in such companies, the issue can be resolved in favor of clients during the trial.

Sequencing

1. Consultation with a specialist on the list of necessary documents, the procedure for compiling, processing and filling out an application.
2. The claim is filed with the bank before going to court. It is compiled in duplicate. The second should be a mark with the date of treatment.
3. An account statement must be ordered before contacting the bank. It displays the amount of debt repaid.
4. The statement of claim should be made by a specialist. The client will need original documents, a “live” signature. The filing date will be announced additionally by mail.
5. A court hearing often takes place without a client. He only draws up a power of attorney to represent interests.
6. A writ of execution comes in five weeks. It indicates the grounds on which the user will receive the money.

Collateral must be insured without fail. Ideally, this service is beneficial to customers and the bank itself.In practice, insured events do not always arise. And the fee for additional security can be very high. But if funds are taken for a long time and on bail, then it is better to sign a contract with an insurance company.

Compensation

Refund of insurance upon early repayment of a loan in Sovcombank is possible only for the amount paid to the company for a period that has not yet passed. If the contract indicates annual payments, then compensate for losses will not work. You can only stop transferring money to the insurance company after paying the loan. Then the contract will be terminated due to violations of obligations by the parties.

If permission to return insurance upon early repayment was obtained without filing a lawsuit, the company can return to the client not all the money, but only part of the amount due, reducing it with additional costs. Specific methods for calculating the amount of state bodies have not been developed. At early termination of the contract only one condition applies: funds can be withheld at the expense of the costs incurred for customer service. But in this case, you can require a listing of these costs.

Reasons for refusal of payment

1. Deadlines are violated. If there was an early repayment of the loan, the return of insurance is carried out on the basis of the application. Non-profit organizations undertake business with a limitation period of up to three years.
2. The statement is incorrect.
3. Documents on the fact of debt repayment are not attached.

As you can see, in order to avoid all kinds of unforeseen situations and errors, it is better to prepare an application with a specialist.

findings

If a long-term loan is secured against property, it is better to conclude an insurance contract. Before signing the documents, you should carefully study them. Ceteris paribus, if the contract itself is not spelled out, you can arrange for a refund of insurance for early repayment of the loan.

Sberbank and several other commercial financial organizations do not create additional problems for clients in resolving this issue. But not all banks are willing to voluntarily part with money. Most often, problems will have to be regulated through the courts. In Russia, I operate non-profit organizations that have extensive experience in resolving such issues. Experienced lawyers will advise on the preparation of documents and filing an application. Their services are paid by the bank by court order.