You have started or are about to take steps to buy real estate and are wondering why hire a broker to choose your home loan insurance.
Mortgage loan insurance is not compulsory
In theory, mortgage loan insurance is not compulsory. But in theory only, because in fact, it is required by all the lenders anxious to guarantee the funds to recover their debts if the borrower had difficulties passing away or was about to die. Even if you are obliged to insure the loan, you are still free to choose the insurer provided that the signed contract has a level of guarantee equivalent to that offered by the lending institution. And on this point, no possible derogation.
The offer in the insurance market is broad and not always easy to compare. That’s why the support of Credit, credit broker specializing in credit consolidation, mortgage and mortgage insurance can allow you to quickly access the best offers on the market, while benefiting from his experience and his perfect control of the parameters to take into account to achieve a good operation.
What does mortgage insurance cover?
This insurance covers various risks such as total or partial permanent disability of the borrower, incapacity for work in the event that the insured person can no longer exercise his professional activity, death or total and irreversible loss of autonomy. In these different cases, provided that all these risks have been foreseen and are covered by the borrower’s insurance contract, the latter will assume all or part of the remaining due dates.
It is important to remember that any unsecured risk will not be covered. While this may seem obvious, in practice many people have realized that they were ill-insured the day they wanted to use the guarantees they thought they could take advantage of. Here again the quality of listening and solutions proposed by Credit, professional broker Toulouse, is essential for you to contract your mortgage and insurance in the best conditions, and with confidence.
Which borrower insurance to choose?
Credit advises you with over 15 years of experience and proven partnerships.
Close to our customers, we strive to offer you the best offers on the market in complete transparency, because your satisfaction is the foundation of our longevity. We take into account all the parameters of your situation, assemble the file and we take care of all the steps.