Banco de Chile and unit Banchile Corredores de Seguros Ltda. have entered into two agreements, both relating to mortgage loans, with Banchile Compañía de Seguros de Vida SA, according to a Dec. 13 filing.

The agreements are named the collective debtor's life insurance agreement and the collective debtor's life total and permanent disability 2/3 insurance agreement.

Banchile Seguros de Vida won the public bid for both agreements after offering the lowest monthly rates of 0.0115% and 0.0124%, respectively.