Bungee Jumping: Does your loan insurance cover you?

 

The bungee jumping

The bungee jumping

The bungee jumping or “bungy jumping” is an outdoor recreational activity of flowing into the vacuum from the top of a bridge crane, tower by being attached to ankles or torso by an elastic cord in order to feel the thrills of a free fall. freedomtoons.org for more.

Bungee Jumping: Real Estate Loan Insurance

Bungee Jumping: Real Estate Loan Insurance

When applying for a mortgage loan, banks and other banking organizations require loan applicants to join loan insurance to give them the immo credit. Indeed, although it is not mandatory from a legal point of view, banks require it to ensure that it is well repaid throughout the mortgage. In the event of a claim covered by the contract (death, disability or incapacity), the loan insurance is fully or partially responsible for the repayment of the loan maturities at the bank. The Lagarde law of September 2010 offers you the opportunity to subscribe your loan insurance with the insurer of your choice without the bank can oppose it when the individual contract (delegation of insurance) presents guarantees to the less than that of the group insurance contract it proposes.

Bungee jumping: watch out for exclusions

Bungee jumping: watch out for exclusions

All loan insurance contracts have exclusions. These are the risks that are not covered by the insurer. Bungee jumping is considered to be a risky activity and may be part of these exclusions. To remove this exclusion and be covered by your insurance loan for these risks, you will be asked by the insurer to pay a premium.

Insurance expert loan broker aggravated risk

Insurance expert loan broker aggravated risk

Negotiate your risky aggravated sports loan insurance with a broker! The expert in insurance negotiation can get you at the best price insurance risk at risk insurance most suitable for your situation.

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