Protection for hard times
Job loss never gives warning. Lendovia's job loss insurance is an optional guarantee that tops up your borrower insurance, so you can keep repaying your loan without dipping into your savings.
Your monthly payments covered while you get back on your feet, on top of your borrower insurance.
Job loss never gives warning. Lendovia's job loss insurance is an optional guarantee that tops up your borrower insurance, so you can keep repaying your loan without dipping into your savings.
Job loss insurance is an optional guarantee you can add to your borrower insurance contract. In the event of redundancy, it covers all or part of your loan's monthly payments for a set period, while you look for a new job.
It's aimed mainly at permanent employees who have completed their probationary period, and tops up the death and disability guarantees already included in standard borrower insurance.
Why Lendovia
The cost of the guarantee is included in your simulation, with no surprise when signing.
You choose whether or not to add this guarantee to your borrower insurance contract.
After the first year of the contract, you can cancel at any time, with no justification.
How it works
Add the job loss guarantee during your personal loan or home renovation loan simulation.
Answer a few questions about your employment situation to check your eligibility.
The guarantee takes effect from signing, after any waiting period specified in the notice.
To understand it all
Job loss insurance doesn't replace the death and disability guarantees of borrower insurance: it adds to them, to cover an additional risk specific to your employment.
As with any job loss insurance, a waiting period applies after signing before the guarantee becomes active, along with an excess at the start of coverage, both specified in your information notice.
Since the Lemoine law, you can cancel your borrower insurance and its add-on guarantees at any time, with no penalty, as long as the new contract offers an equivalent level of coverage.
Frequently asked questions
It's mainly aimed at permanent employees who have completed their probationary period. The precise eligibility conditions appear in the information notice.
Economic and personal redundancies, excluding serious or gross misconduct and excluding resignation, are covered by the guarantee.
Up to 12 months per claim, after an initial waiting period specified in your contract.
No, job loss insurance is a guarantee that tops up borrower insurance; it can't be taken out on its own.
Yes, like the rest of your borrower insurance, you can cancel it at any time after the first year.