Understanding mortgage protection insurance

Mortgage protection insurance secures your property financing and is one of the elements examined as part of a mortgage.

The cost of mortgage protection insurance depends mainly on:

The insurance is a significant part of the overall cost of a mortgage and should be examined as part of a financing assessment.

This cover repays the loan under the conditions set out in the policy.

Certain cover may apply in the event of permanent disability, under the conditions provided for.

The insurance may also cover certain periods of absence from work, depending on the cover taken out.

Some policies offer additional cover linked to the loss of employment.

Is mortgage protection insurance compulsory?

The insurance is generally required by banks as part of a mortgage.

What affects the cost of the insurance?

Age, employment situation, the cover chosen and the amount borrowed are the main factors affecting the cost of the insurance.

Can I change mortgage protection insurer?

Depending on your situation and the terms of the policy, certain changes may be possible.

Why go through a broker?

A broker supports you in the overall analysis of your property financing and the solutions suited to your project.

Pret Immo supports you in the overall analysis of your property project and the financing solutions suited to your situation.

We help you to:

Book an appointment with a Pret Immo adviser to obtain a personalised financing assessment and move forward with confidence in your property project.