Life insurance that, in the event of death or total permanent disability of the insured person, covers the debit balances (overdrafts, credits, loans, etc.) of the bank accounts linked to the insured person.
Designed for business owners or managers who want to be sure that everything is under control in the event of a serious incident.
The insurance guarantees that the next of kin will not have to pay the debts of the deceased.
The capital insured is the equivalent of the debit balance of the insured person’s accounts with Creand.
The cost of the premium is proportional to the insured person’s debit balance, so that the premium decreases as the loans are repaid.
Creand Life Business Financing Benefits
The maximum capital that can be insured is equivalent to a debit balance of up to €900,000.
In the event of a claim
Beneficiaries must report the claim within 90 days of the date on which it occurred.
In case of total and permanent disability of the insured person, a medical certificate specifying the reason or the illness causing the disability and another certificate from CASS defining the percentage of disability must be presented.
In the event of the death of the insured person, a death certificate from the Civil Register must be presented.
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At Creand, we advise you when it comes to creating a social provision plan for your employees.