Borrower insurance protects both the borrower and the lender: it guarantees the assumption of all or part of the repayment deadlines or the outstanding capital of a loan in the event of death, disability or incapacity to work.
Borrower insurance (or home loan / home loan insurance) is a guarantee taken out to cover a loan, whether it is a home loan or a consumer credit, in order to guarantee the payment of the installments of the loan. in the event that the borrower is unable to repay the entire capital remaining due.