The rate for life and health insurance of the borrower will be higher for them, respectively, loans will cost them more
Next year, Russians who decide to apply to banks for new mortgages or large consumer loans may begin to require a document confirming vaccination against coronavirus infection. This information is provided by the Izvestia newspaper with reference to its interlocutors in the banking industry.
According to the publication, the banking community is discussing an option in which the cost of the loan will be more expensive for citizens who have not been vaccinated, since the rate for life and health insurance of the borrower will be higher for them.
Typically, credit organizations themselves offer customers to apply for a loan along with life and health insurance. Since insurance reduces the risks of banks, they have every right to issue loans without insurance at a higher interest rate, and vice versa – to offer loans with insurance at lower rates than without insurance.
Recall that this month, deputies of the State Duma approved in the first reading a resonant bill on the introduction in Russia of mandatory verification of QR codes confirming the COVID status of citizens for visiting public places. This document was developed by the Cabinet of Ministers and is expected to be further amended in the future. It is worth noting that according to the results of a recent survey by the Levada Center (recognized as a foreign agent by decision of the Ministry of Justice of the Russian Federation), 67% of respondents oppose the introduction of a system of mandatory verification of QR codes for visiting public places, 30% support this measure.
