Obtaining excellent borrower insurance: an essential requirement
Taking out loan insurance is not a legal obligation, but it is a security without which the banking organizations refuse any granting of loan. Indeed, the insurance protects the borrower against the risks of a loss of income which could occur during the long period of repayment of the credit. Future borrowers will be able or will have to insure themselves against the risks of invalidity, partial or total, temporary or permanent, against the total and irreversible loss of autonomy, against the risk of death or loss of job.
The monthly amount of insurance will be proportional to the amount borrowed and the risks specific to the situation of the borrower. This is why it must be carefully examined, in order to guarantee to the borrower that he contributes for risks which correspond to him, at an arch-competitive price.
Successful loan insurance with Credit Budget Partage: what does it mean?
Premium, quota, risk, deficiency, exclusions… Credit Budget Partage provides future borrowers with clear and educational explanations that will allow them to choose the risks to be covered and their methods, without underestimating the importance of being well insured or taking out unnecessary guarantees. Thanks to its numerous partners, Credit Budget Partage will be able to identify the most suitable contract at the best price. With Credit Budget Partage, a successful insurance is an insurance whose subscription is a guarantee of serenity and not of concern, whose functioning is crystal clear and the amount of which preserves the balance of its budget.
Ensure a wide variety of profiles: tailor-made guarantees at the best price
Depending on whether you buy a house to live in or to rent it, whether you are alone or in a couple, whether you are older or younger, whether you have a dangerous profession or sports practices, whether there is an aggravated risk of health or not, the conditions to insure are not the same. Credit Budget Partage has selected remarkably efficient insurer partners, mostly from the Social and Solidarity Economy, in order to allow borrowers facing specific risks not to give up their real estate project because of too high insurance, and to guarantee to borrowers with limited risks that they benefit from extremely attractive prices.
Defend borrowers who wish to renegotiate or change their insurance contract
Borrowers who have already taken out loan insurance, in particular with their bank, can renegotiate their contract with the support of Credit Budget Partage. They can also cancel their current insurance to take out a more advantageous contract with another insurer, at any time within twelve months of taking out their mortgage, and then each year, two months before the anniversary date of the credit. Cancellation procedures, which can be long and complex, are fully and free of charge paid by Credit Budget Partage, with no handling fees.