KONTOPROTECT^®

Avoidance of payment defaults on current accounts

When a person needs short-term funds to finance a holiday or some new furniture, it is normal practice to use a credit card or current account overdraft. The financial freedom offered by daily current account overdrafts supposes, in the event of unemployment or disability, a considerable risk for credit institute and account holder alike.

The objective of Cardif’s efforts is to ensure, precisely in these cases, that the account overdraft is covered, with life cover incorporated as required (with a one-off repayment to cover the outstanding amount).

This product is also ideal for application to all forms of revolving credit with variable sum conditions.



KONTOPROTECT^® is particularly suitable for the following sectors:

• Banks, credit institutes, building societies
• Suppliers of financial products
• Credit-card companies, energy utilities and telecommunications firms