Posted
Update
Article written by
/2021/12/14/61b8b9accb57c_france-3.png)
In France, from Wednesday June 1, it is possible to change borrower insurance at any time for new contracts, and, from September 1, for all loans that have already been taken out, as explained by journalist David Boeripresent on the set of 12/13.
To from Wednesday June 1stFrench people who have a new borrower insurance contract can change it at any time. For those whose credits have already been subscribed, it will be necessary to wait until September 1 to make this change. “Until then, it was only possible on the anniversary date of your contract. It will therefore be much easier to change insurance”explains journalist David Boeripresent on the set of 12/13, Wednesday June 1st.
This change should lead to cost savings, “because at the moment the competition is extremely limited. 88% of this manna of more than 10 billion euros per year goes directly to the banks that lent you the money for your real estate project. They can therefore make comfortable margins, without really being in competition with insurers”continues David Boeri. Another novelty: the right to be forgotten for serious illnesses, such as cancer, is shortened from ten to five years.