Insurance covers failure to return credit fully or partially

Insurance objects:

• insured person’s valuable interests related to ownership, disposition and usage of costs received by a borrower under a credit contract entered into with an insurer; and possible financial loss suffered by the insured person as a result of failure by a borrower to discharge his obligations under a credit contract, within term and amounts agreed upon.

Insurance risks:

• possibility of failure by a borrower to discharge his financial obligations under a credit contract.