Creand Life Mortgage Financing
Creand Life Mortgage Financing is a life insurance policy which, in the event of the death or total and permanent disability of the insured person, pays compensation equivalent to the mortgage debts insured that the insured person has in bank accounts with Creand Crèdit Andorrà at the time of the claim.
Product taken out with CA Vida Assegurances, SA
Life Mortgage Financing
With this insurance, you will have the peace of mind of not leaving behind any debt that could jeopardise the future of your loved ones.
The capital insured is equivalent to the mortgage debt the insured person has with the bank.
Total peace of mind
The insurance guarantees that your closest family members will not have to bear the burden of your debts.
The cost of the insurance premium paid is proportionate to the debit balance insured, so the premium decreases as the mortgage is repaid.
In the event that the insurer’s risk assessment requires a medical examination, this will be borne by the company.
The maximum capital that can be insured is equivalent to a debit balance of up to €1,400,000.
The cost of the premium is proportionate to the debit balance insured, so the premium decreases as the loan is repaid.