Postbank
How will euro adoption affect my insurance premiums?
From the date of euro adoption, all BGN-denominated premiums will be automatically converted to euros. The coverage of insured risks will remain unchanged. From day one, premiums will be collected exclusively in euros.
How will euro adoption affect the insurance limits of existing BGN-denominated policies?
From the date of euro adoption, all agreed limits in BGN will be automatically converted to euros, with no change to the coverage of insured risks.
From the date of euro adoption, all claims—including those approved before the euro introduction—will be automatically converted and paid in euros.