Life is full of surprises, and not always pleasant ones. That's why, for any unforeseen situation, NBG is by your side with the Full Life Insurance plan.

Specifically:

  • The Full Life Insurance plan offers insurance to your loved ones which secures them in the event of death. In particular, in the event of death of the Insured as a result of illness or accident, Ethniki Insurance pays the insured fund to the Beneficiaries.
  • The duration of the plan is one year and is renewed automatically without an insurability check.

In brief:

  • Compensation in the event of death
  • Free choice in Insured Fund
  • Annually renewable through to the age of 80

Full Life Insurance in detail

- Freedom to choose the insured fund with a minimum of €10,000.

- For a fund of up to €100,000 for all ages you only need to complete the health questionnaire, with no medical tests required.

- Easy process of financial underwriting, without control or with minimum requirements for low insured funds up to €150,000 and submission of a tax clearance certificate for higher funds.

- Automatic renewal of insurance annually.

- Flexible premium payment options (annually, semi-annually, quarterly, monthly).

- Possibility to change the insured fund at each annual renewal

The duration is annual and is automatically renewed without insurance control.

The calculation of the premium is based, inter alia, on the amount of the insured fund and the current age of the insuree per insurance year, without the duration of insurance being a pricing factor. Any extra premium (e.g. due to occupation, hobby, health) may be applied during the evaluation of the Insurance application.

The premium is paid annually, or semi-annually with a charge of 1%, or quarterly with a charge of 1.5% or monthly with a charge of 2%, by debiting a Bank Account through a standing order.

The 1st premium shall bear a policy fee of €20.

You can find all the information you need in the following documents.

The product is addressed to customers aged from 18 to 70 years old who are permanent residents of Greece.

Important notes:

This document is a marketing communication supplied for information purposes only and is not a substitute for the pre-contractual information required under the current legislative and regulatory framework, or for the insurance policy and the general and special terms thereof. The pre-contract and contract data for this product are available at all NBG Branches, where our qualified insurance intermediation staff will provide you with reliable and detailed information on the plan’s features, types of cover, detailed terms and conditions, as well as online, in the case of Insurance plans offered through NBG’s Digital and/or Mobile Banking services.

The insurance plans are designed by Ethniki Insurance and sold through National Bank of Greece S.A., Aiolou 86, 10559 Athens, GEMI No. 237901000, Company Reg. No. 311481. For more information click here.

Insurance plans are sold only by Bank staff who are certified insurance intermediaries. The Bank is registered as an insurance agent with the Special Registry of the Athens Chamber of Tradesmen under No. 1028. The Special Registry’s data are available online through the Single Information Point (ESIP) of Active Insurance Intermediaries, via which you can verify the registration with the Special Registry.

More digital capabilities for you

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Download the NBG Mobile Banking app

Full Life Insurance FAQ

Yes, you will need to complete the health questionnaire.
You pay the premium annually, or semi-annually, quarterly or monthly by debiting a Bank Account by means of a standing order.
Yes, you can choose the amount of insured funds, as long as it is €10,000 or over.

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