Hiring insurance online is possible, but has its advantages and disadvantages. It is necessary to pay attention to some issues when subscribing to this product digitally. For that, you can also ask for help from an insurance mediator.
In certain stages of our life, we may come across the need to take out a life insurance policy. This is the case with home loans, which require the subscription of an associated life insurance policy. But when it comes to coverage, the terms used can be complex. ITP? IDPAC? IAD? We will see what they mean and how they differ.
A life insurance associated with a housing loan needs to cover occurrences so that banks allow the loan to be granted. The objective is for banks to protect themselves and have the loan amount reimbursed in case of a claim.
To transfer the mortgage credit, you must take into account the insurance associated with the financing: If the bank you are transferring to suggests hiring insurance from a partner insurer for better credit conditions, remember that you cannot cancel the other policies without having sold the property. So, what to do in this situation? We explain everything in this article.
You may already be aware that it is possible to transfer your mortgage credit to another bank. But did you know that you can also transfer your mortgage life insurance to a new insurer? And the savings can be significant, achieving better conditions as well. It's true, find out more about it next.
Hiring an insurance can be a challenge, due to all the complex concepts used by professionals. That is why we have gathered in this glossary all the terms you should know, in order to be able to subscribe to an insurance informedly.
When applying for a home loan, you will also be required to subscribe to a life insurance policy. But why is it necessary to associate this insurance with the loan and how does this product work?
If you are applying for a home loan and come across the requirement to take out life insurance, know that this issue has some nuances. Get to know the current law regarding life insurance for home loans.