💡Discover the AXA providence insurance solutions to protect your loved ones and your revenue in case of a hard blow: home loan protection, death, disability
Housing loans: how do I protect my loved ones in case of a fatal accident?
In Luxembourg, as in many European countries, financial institutions often require borrowers to take out insurance against the risk of death or disability. This is called Remaining Due Balance insurance, and it pays the balance of the capital that remains to be refunded to the bank. This cover allows the owners to insure the payment of the remaining instalments by the insurer in case of death or disability.