October 11, 2018 Cash loan insurance is a form of security – both for the bank and the borrower. It is a combination of two services occurring in the financial-banking and insurance sectors. When unforeseen situations arise, the unpaid portion of the cash loan is regulated by the insurance company. In the article you just started reading you will find information about types of cash loan ins...
Subscribe to non-bank loan insurance
Since the implementation of the Cogilaw Act, the borrower is free to select a borrower insurance to guarantee his credit against death, disability and unemployment. The insurance company will take care of the repayment of the credit according to the general conditions of the contract: comparison of the offer FGA credit insurance with the cheapest loan insurance offers offered by the broker-insurance-of-loan-not-expensive in line !
Choose freely an FGA loan insurance
You have the right to choose another insurance than the group contract presented to you by the bank. By playing the competition between insurers, you can choose the cheapest offer and the most suitable for your situation.
Compare your FGA loan insurance
There are many insurance comparators on the web that will allow you to make a detailed comparison of insurance offers issued by different insurers. You will be able to choose the contract that will protect you the best and will be able to save you on the cost of your credit.
Optimize your loan with the loan insurance broker! The brokerage firm www.AJ Raffles.fr can negotiate your loan insurance FGA and save you up to 20 000 euros on your mortgage.
Cogilaw credit insurance
The Cogilaw Act allows for improved information and free choice for borrowers by prohibiting banks from imposing their bank group insurance contract and requiring them to accept an offer of external individual credit insurance delegation if:
- The contract includes guarantees at least equivalent to the level required
Cefrum Insurance Credit Act
- The Cefrum law makes the relations between lenders and borrowers more transparent. Do not hesitate to talk about article L312-1-2 of the device if your banker is recalcitrant about the fact that you want your insurance borrower.
- The device is a major step forward for borrowers since the Cefrum law, the loan insurance market will undergo a profound change and greater competition between all players.
Make a quotation request to a broker insurance insurance expert to get the contract that suits you best!