The program is aimed at protecting the obligations of the Borrower before the Credit Organization.

Nowadays, Credit provides the opportunity: to solve various kinds of problems, satisfy current needs or implement interesting ideas, and sometimes it even gives opportunity to fulfill a cherished dream. And for entrepreneurs, the Credit provides opportunity to develop their own business.

Knowing the amount of his/her earnings or estimated income, the Borrower, when applying to the Credit Organization, calculates the amount and considers duration of the Loan payments allowed for him.

But there are factors that the Borrower cannot foresee. This factors include, among others: Accidents and Illnesses that can happen to anyone, anytime. As a result, the Borrower runs the risk of being unable to work or, even worse, dying. At the same time, the obligations of the Borrower to the Credit Organization do not disappear anywhere, and the responsibility for repayment of the Loan is shifted onto the shoulders of his relatives and friends, guarantors.

In order for the Borrower to be safe in the event of such incidents and to avoid unforeseen financial expenses, the BIMA Insurance Organization has developed the Priority Insurance Program.

The main idea of the Program is as follows:
If the Borrower becomes unable to work or dies during the course of the Loan Agreement due to an accident or illness, the Insurance Organization repays the Loan instead of the Borrower in the amount of his debt to the Credit Organization.

This allows the Borrower, in the event of unforeseen situations, to shift the burden of responsibility onto the shoulders of the Insurance Company, avoid fines and penalties for an overdue Loan, not financially burden their relatives and friends, and even receive a certain amount for adaptation in new living conditions.