When a mortgage is involved, mortgage insurance protects the bank, co-borrowers and family in the event of death, disability or inability to repay.
Why take it out?
This insurance prevents mortgage repayment from becoming an impossible burden for your loved ones.
- Full or partial repayment of the outstanding loan balance
- Protection for co-borrowers
- Preservation of the property and family assets
Possible guarantees
Coverage may include death, disability, temporary incapacity or certain situations where repayment becomes impossible, depending on the policy.
Who is it for?
This coverage is relevant for first-time buyers, co-borrowing couples, rental investors and homeowners who want to secure their financing.
Budget
The cost depends on age, health status, borrowed amount, loan duration and selected options. Comparing offers can often secure better conditions than the bank's standard proposal.
