Loan insurance reform in France
The law reforming loan insurance, passed in February 2022 by the French parliament, came into force on 1 June 2022. The new texts include three main amendments namely:
- the borrower can now change insurers at any time and without charge. This rule has been applied since 1 June 2022 for new insurance contracts taken out and from 1 September, 2022 for current insurance contracts.
- any person who borrows less than 200 000 EUR (213 806 USD) and whose credit expires before his/her 60th birthday is no longer subject to the medical form.
- the deadline for the right to forget concerning the people suffering from cancer or hepatitis C has been reduced from 10 to 5 years.
Read also | Property and casualty insurance in France
0
Your rating: None
Fri, 03/06/2022 - 15:12
The online magazine
Live coverage
16:24
14:09
12:01
09:57
05/09
Latest news