An essential guarantee, included by default
The death guarantee is the foundation of all borrower insurance: it protects your loved ones by covering the remaining capital owed on your loan, whenever death occurs during the loan term.
In the event of death, the remaining capital owed is fully repaid. Your loved ones never inherit your debt.
The death guarantee is the foundation of all borrower insurance: it protects your loved ones by covering the remaining capital owed on your loan, whenever death occurs during the loan term.
Death insurance is the fundamental guarantee of borrower insurance. If the borrower dies, the insurer repays the bank the remaining capital owed as of the date of the claim, freeing the heirs from any debt linked to the loan.
This guarantee is almost always required by lending institutions, and forms the base on which the disability, incapacity and job loss guarantees are added.
Why Lendovia
The cost of the guarantee is included in your simulation, with no surprise when signing.
Split the guarantee freely between co-borrowers, based on your respective incomes.
Thanks to the Lemoine law, switch insurer whenever you want.
How it works
The death guarantee is included by default in your personal loan or home renovation loan simulation.
Answer a few simple questions to assess your risk profile.
The guarantee takes effect as soon as you sign and covers the entire loan term.
To understand it all
The death guarantee is the foundation of borrower insurance: it's almost always required by the bank, unlike the job loss or disability guarantees which remain optional.
For a loan taken out by two people, you can split the death guarantee anywhere from 50/50 to 100/100, based on your respective incomes. The higher the total insured share, the more complete the protection for your loved ones in the event of one borrower's death.
For loans under €200,000 per insured person, repaid before age 60, the health questionnaire is no longer required since the Lemoine law. You can also cancel and switch insurer at any time, with no justification.
Frequently asked questions
It's not legally compulsory, but it's almost always required by lending institutions to grant a loan.
The capital is paid directly to the lending institution to settle the remaining loan balance, not to the heirs.
It's the percentage of the loan covered by the guarantee for each borrower. For a loan taken out by two people, the sum of the shares generally needs to reach 100%.
No, if your loan is under €200,000 per insured person and repaid before you turn 60, the Lemoine law exempts you from it.
Yes, at any time, with no penalty, as long as the new contract offers an equivalent level of coverage.