Change of borrower insurance at any time: “The gain in purchasing power can be very significant”

The change is now. The second part of the borrower insurance reform comes into force from September 1. Voted in early February, it offers the possibility of switching from one insurance contract to another at any time and removes the health questionnaire for all loans of less than 200,000 euros taken out by people under 60 years, or half of the market. Since June 1, only new contracts have been affected by these new features. From this Thursday, the entire “stock” of home loans can benefit from it. Until now, it was only possible to choose a new borrower insurance (insurance against the risk of death, illness, etc.) only on the anniversary date of the contract.