HYPOPROTECT®
Up to date safeguard – property finance without risk
Home buying normally supposes an enormous financial burden. The twin threats of unemployment and illness (which are the main causes of loss of earnings) are often underestimated when entering into financial commitments, which can put at risk the newly acquired dream home.
HYPOPROTECT® is an innovative product designed to provide tailored cover for property finance operations. It covers, in a single product, the risks of loss of earnings caused by unemployment, illness/accident, professional and vocational disability, and is also ideal as cover for both reducing and absolute credit liabilities. Ongoing payments (annual instalments and/or interest, fund deposits or capital-accumulation life assurance, etc.) are covered in both cases.
The all-round cover for possible health risks combined with unemployment insurance fills the gap where today’s property financing is concerned.
HYPOPROTECT® is particularly suitable for the following sectors:
