Loan Insurance: 50% to 50 years also
Banks and insurance consider that you are a senior at age 40 and interesting alternative offers of insurance borrower are scarce from 35 years. What to do past 35 years?
At Sedouz, 50, it is rather the flower of the age; the age when we still have many professional projects to accomplish, where children gain independence, where we can invest in a second home. From 18 to 50 years old Sedouz will do everything possible to offer you an offer 2 times cheaper than the insurance provided by your bank.
How can Sedouz divide by 2 the price of loan insurance up to 50 years?
Faithful to the values of the association that founded it, Sedouz is determined to restore to families the purchasing power unfairly captured by banks. To achieve this :
- Mutual insurers are chosen for their respect of the fair price, their concern for equity and their financial solidity,
- Distribution costs are reduced to a minimum (divided by 6 compared to banks)
- The price is shared between generations.
And the guarantees will be accepted by the bank?
At Sedouz we always guarantee at least the same level of guarantees that your current insurance. Moreover, when your current guarantees are insufficient with respect to the Sedouz community requirements, we reinforce them with better guarantees for your credit insurance.
When you join Sedouz in the prime of life, you will be covered until the end of your loan. At Sedouz, unlike the contracts of some banks, non-objectifiable diseases * are always covered, an option even allows you to waive the prerequisites ** and your inability to practice your profession is always taken into account.
* non-objectifiable diseases are those diseases whose impact is difficult to measure with medical examinations such as blood tests, etc. They include depression and back pain.
** The option “MNO without Condition” exempts prerequisites for hospitalization and surgery.
Will Sedouz still be open to more borrowers?
Sedouz is first and foremost a community, the more savings we will have with Sedouz, the more we can push back the underwriting limits and allow even more borrowers to halve the cost of their insurance.
Divide by 2 can make big savings?
The purchasing power gain for borrowers is huge. This is 4 billion euros to be shared between borrowers. For a loan of 150 000 € they are 350 € gain of additional purchasing power each year during the term of the loan which can go up to 35 years….