Russia proposes to subsidize insurance for two categories of mortgage holders

0 18

Date: 22 Sep 2022 Time: 12:29:11

In Russia he proposed insurance subsidies for mortgage holders over 50 years of age

In Russia, they can introduce life and health insurance subsidies for mortgage and disabled borrowers over 50 years old. Federal company Etazi turned to the government and the Central Bank with a proposal to reduce the cost of insurance policies for two categories of citizens, Izvestia reports.

The company’s letter indicates that these citizens spend six to seven times more on insurance than the rest. With a mortgage of three million rubles, the cost of insurance for a borrower aged 20-29 years will be from 6.5 to 20.5 thousand rubles, and for citizens over 50 years old – from 27 to 126 thousand rubles. In this case, denying insurance will increase the cost of the loan by one or two percent.

According to the government press service, the letter with the proposal was received by the Cabinet and sent to the Ministry of Finance of Russia for consideration. Currently, this problem has started to be solved.

In early September, Russia offered to subsidize mortgages for apartments with large areas. Vitaly Mutko, general director of Dom.RF, believes that in this way it is possible to persuade families to buy more spacious ones and developers to build fewer one-room apartments.


*Translated based on article content If there is any problem regarding content, copyright, please make a report below the article. We will try to process as quickly as possible to protect the author’s rights. Thank you very much!

*We want to make information more quickly and easily available with other multilingual content, rather than only available in one specific language.

*We always respect the copyright of the author’s content and always include the original link to the original article. If the author disagrees, report below the article, the article will be edited or deleted at the request of the author. Thank you very much! Best wishes!

For all the latest Economy News Click Here

Denial of responsibility! EODBA is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.