Mortgage insurance to protect the borrower

We will protect your loan: guaranteed payments even in case of job loss

This is a financial instrument that takes over loan payments in case of job loss, illness or other force majeure. The essence of the service is to relieve you of debt risks, so that you can calmly conduct business and not worry about an unexpected blow to the budget. Suitable for both Spanish citizens and foreigners who want to reliably protect their transaction.

200 € 1 week

Our capabilities and skills

If you lose your job, the insurance company will take over the loan repayment, eliminating the fear of new debts.

We are constantly in touch with insurance companies, speeding up the settlement process in the event of an insured event.

Flexible choice of insurance options: from basic protection to full coverage of any possible force majeure.

We check the terms and conditions of the policy to ensure that the insurance company does not evade payments and you feel financially secure.

Service implementation stages

Analysis of credit conditions: we study your contract and identify key risks

Selection of the insurance program: we select the optimal policy for your budget and necessary guarantees

Agreement of conditions and signing: we help to complete all documents in accordance with local legislation

Ongoing support: advice on any issues and assistance in the event of an insured event

Regular policy review: updating conditions if necessary to maintain up-to-date protection

We have answers to all your questions

Final result

You take out a policy that, in the event of incapacity for work or sudden job loss, takes over the loan payments. This relieves the financial burden and allows you to maintain your credit history, as well as avoid unnecessary worries associated with delays or legal proceedings.

200 € 1 week

Frequently asked questions

What is loan payment protection insurance?

This is a policy that covers monthly payments or the entire outstanding loan balance if you are unable to pay for objective reasons.

In what cases does the insurance company pay the loan?

Usually this is job loss, illness, disability or death of the borrower. The exact conditions depend on the chosen package and are written in the policy.

What is the difference between loan insurance and life insurance?

Life insurance generally covers the risk of death, while loan insurance is aimed at repaying a specific loan in case of loss of income or other similar circumstances.

What should I do if I already have a mortgage, but without insurance?

You can additionally arrange insurance protection at any time.

How can I get a decision from the insurance company faster in the event of an insured event?

You need to promptly provide all the required documentation and the results of medical examinations (if it is an illness or injury).

Does credit insurance increase the chances of getting approval from the bank?

Often, banks approve the application more willingly when the borrower takes out an insurance policy. This reduces the risks for the bank and increases trust in the client.

Is it possible to terminate the insurance contract prematurely?

Usually you can, but it is worth considering possible penalties or non-refund of part of the paid contributions.

Will the insurance help if I voluntarily quit?

Usually, the policy only covers forced job loss, such as staff reduction. Voluntary dismissal is not covered by insurance.

Is it possible to take out insurance retroactively?

No, insurance is only valid from the moment the contract is signed or later. It is not possible to arrange insurance retroactively and receive compensation.

Is this service suitable for foreigners taking out a loan in Spain?

Yes, many insurance companies offer special programs for non-residents. We help to take into account all the legal intricacies and arrange insurance on favorable terms.

What should I do if an insured event occurs?

You need to immediately inform the insurance company, provide the necessary documents (for example, a certificate of dismissal), after which the reimbursement process is launched.

How is the cost of the policy calculated?

The cost depends on the type of loan, its amount, term, age and health of the borrower, as well as the chosen set of risks.

If I have several loans, do I need to insure each one separately?

Not always. Some programs allow you to combine several loans and insure them with a single policy, which is sometimes more profitable.

Does it make sense to insure consumer loans for small amounts?

If you want to protect yourself from unexpected financial burdens (for example, in case of job loss), then even a small amount can become a problem. Insurance will give you confidence in stability.

Is it necessary to undergo a medical examination before registration?

It depends on the type of loan and the rules of the insurance company. In some cases, a health questionnaire is sufficient, in others a full diagnosis may be required.

What documents are needed to obtain a policy?

Most often, you will need a passport, a loan agreement, sometimes certificates from the place of work and health information. The exact list depends on the insurer.

What role does age play in loan insurance?

Age affects the amount of contributions and the availability of some programs. The older the borrower, the higher the risks, therefore, the more expensive the insurance.