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What does borrower insurance guarantee?

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

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.

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