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MSB – Ngân hàng TMCP Hàng Hải Việt NamMSB – Ngân hàng TMCP Hàng Hải Việt Nam

Notice on the Protection and Processing of Data (Online Version)

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Am I required to purchase insurance for the property/apartment/vehicle during the loan term?

Yes. Fire insurance for houses/apartments and insurance for transport vehicles not only secure the loan for the Bank but also protect the customer’s own interests.

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Is vehicle insurance required during the loan period?

Yes. Before disbursement, customers are required to purchase comprehensive vehicle insurance (physical damage insurance). The insurance must be maintained continuously throughout the loan period in accordance with the loan agreement.

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Is insurance required for collateral during the loan period?

Depending on the type of collateral. For example, machinery, equipment, or production lines may require insurance. Customers must maintain valid insurance coverage throughout the loan period.

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Apartment Insurance 4.0

27
Feb
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