Borrower Insurance

Borrower Insurance

Borrower insurance is an essential coverage that protects your ability to repay a loan in the event of unforeseen circumstances such as death, disability, or temporary inability to work. At OPEN BANK INTERNATIONAL, we offer a comprehensive range of borrower insurance solutions to secure your financial commitments and provide peace of mind for you and your loved ones.

Why take out borrower insurance?

Subscribe to borrower insurance guarantees so that, even in hard times, your financial obligations will be covered. This prevents your credit from weighing on your loved ones or you finding yourself in financial difficulty.

Insurance Coverage

Coverage offered by OPEN BANK INTERNATIONAL borrower insurance

Our borrower insurance covers you in various situations, ensuring your financial commitments are met even in times of difficulty.

These guarantees allow you to protect yourself and your repayments, even in unforeseen circumstances.

Death Guarantee

In the event of death, the insurer covers the repayment of the remaining capital, thus relieving the burden on your heirs.

Permanent Total Disability Guarantee (PTD)

In the event of a disability that prevents you from working, the insurer covers the remaining monthly payments of your loan.

Temporary Inability to Work (TIW)

In the event of a temporary work stoppage due to illness or accident, monthly payments are covered for the duration of the incapacity.

Total and Irreversible Loss of Autonomy (TILA)

This guarantee applies if you are recognized as being in a situation of total dependence, preventing you from meeting your needs.

Why choose OPEN BANK INTERNATIONAL borrower insurance?

Complete Protection

We cover a wide range of risks, including death, permanent or temporary disability, and inability to work.

Flexibility

We offer adjustable packages based on your profile and specific needs. Customize guarantees according to the nature of your credit and your personal situation.

Simple Subscription

Our process is fast, clear, and entirely digital, allowing you to easily sign up for borrower insurance.

Dedicated Customer Service

Our specialized advisors are at your disposal to help you find the insurance solution that matches your situation and answer all your questions.

How Borrower Insurance Works

Risk Assessment

When subscribing to borrower insurance, an assessment of your health status and professional risks is carried out. This allows us to offer coverage adapted to your situation.

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How to Subscribe?

Subscribing to our borrower insurance is simple:

  1. Simulate your insurance online: Use our simulator to get a quick estimate tailored to your project.
  2. Complete your file: Provide the requested information, including a health questionnaire.
  3. Sign the contract: After validation, you can electronically sign the contract.
  4. Immediate coverage: Once the contract is signed, benefit from coverage immediately.
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Repayment Coverage

In the event of a claim covered by your borrower insurance contract, OPEN BANK INTERNATIONAL will cover all or part of your monthly payments, depending on the nature of the incident (death, disability, temporary incapacity).

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