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FOR YOUR SAFETY AND THAT OF YOUR FAMILY
The loan repayment insurance is aimed at those persons who have taken out a loan with a financial company and for their security and that of their family they want to have the outstanding debt of that loan covered in the event of a possible death or absolute and permanent disability.
This is an insurance that allows one or two insured to be covered and that offers two forms of contracting, one with constant capital and the other decreasing capital. It also has an extended life guarantee until the age of 75, which allows it to be adjusted better to a market situation where the term of the loans is increasing daily.
WHAT GUARANTEES DOES IT COVER?
MAIN GUARANTEE
Death:
Payment of the contracted capital, in the event of death of the insured.
COMPLEMENTARY GUARANTEES
Absolute and permanent disability:
Payment of the contracted capital, if the insured is permanently and absolutely invalid for any paid work.
WHAT MODALITIES DOES IT OFFER?
We have two modalities depending on how the insured capital varies:
Life repayment: the insured capital remains constant during the entire length of the insurance.
Decreasing life repayment: the insured capital is automatically adjusted to the outstanding capital of the loan, according to the French repayment system.
Independent of what modality is chosen, the insured capital can be varied with each renewal, but not the term.
*The coverage may vary depending on what company is chosen.
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