The French will be able to terminate their borrower insurance at any time

This reform, which comes into force on June 1, will strengthen competition between banks and insurers. It took about ten years for the reform of borrower insurance to succeed. It is now done. From this 1er June, French people taking out a mortgage will be able to change insurer at any time, free of charge. … Read more

The borrower insurance FSI integrates the Lemoine reform

A decree published in the Official Journal of May 29 updates the content of the standardized information sheet (FSI) for borrower insurance to include the elements of the Lemoine reform (2). It informs in particular of the abolition of the medical questionnaire, a flagship measure of the reform with the termination at any time of … Read more

More accessible borrower insurance for the sick

To enable people who have suffered from cancer or hepatitis C to obtain a mortgage more quickly and thus reduce the cost of their loan, their conditions of access to borrower insurance have just been relaxed. In most cases, it is necessary to take out borrower insurance to secure a mortgage. In order to help … Read more

how to compete?

OUR ADVICES – A new system will soon allow you to renegotiate your insurance at any time. The only obligation will be to present a new contract with guarantees equivalent to the old one. Despite the rise in rates, the monthly contribution paid to insure your mortgage still often exceeds the cost of interest. To … Read more

The broker Magnolia ready for the entry into force of the Lemoine law

Magnolia rushes into the reform of borrower insurance. The loan insurance broker will launch SpeedOne, an entirely online subscription contract whose subscription is intended to be simplified as much as possible. In accordance with the requirements of the Lemoine law, the contract will be accessible without going through the health questionnaire box for all covered … Read more

new opportunities to seize to negotiate and save money

The Lemoine law, the measures of which come into force on 1er June for new loan offers, and the 1er September for all current contracts, acknowledges the possibility for borrowers to terminate their credit insurance at any time. The borrower insurance required by banks when taking out a mortgage is expensive. Its amount can sometimes … Read more