The requirements for standard terms that’s the power of seo lead generation of a credit insurance contract. In this way, we will eliminate the possibility that these will be pieces of paper that mean nothing. The regulatory act will clearly describe what requirements insurance must meet for both consumer and mortgage loans.
Imposing insurance entails serious fines
and we will continue to combat imposition through control measures. In addition, we should have the authority to suspend the sale of insurance in cases of systematic violations of sales rules.
I would also like to mention that the amendments
o the law “On consumer credit”, which have already been introduced by deputies to the State Duma, suggest an extension of the “cooling-off period” for additional services, including credit insurance. Currently, it is 14 days, the bill stipulates that the platforms flag content that cooling-off period will be valid until the first payment on the loan plus five days. The logic is that, as a rule, people begin to realize the reasons for overpayment only when they begin to service the debt.
By depriving the opportunity to manipulate the consequences of choice, we substantially kill the appetite for dishonest sales. The bank ao lists will incur costs associated with servicing this return, with clarifying relations with the insurance company.