Credit insurance comparator
Insurance-Loan-Not-Expensive allows you to use the comparison of online loan insurance to quickly compare the cheapest loan insurance that will best meet your specific need for leukemia risk coverage.
The CML is not a brake on borrowing
Thanks to the AERAS (Insuring and Borrowing with an Enhanced Health Risk) agreement, borrowers who present an aggravated health risk are not totally excluded from the sphere of the loan. They can bring their projects to life if all the necessary conditions are met.
Play the competition between insurance companies to find a leukemia risk management!
What loan insurance for leukemia?
With leukemia you want to make a credit for the purpose of a real estate acquisition?
How to get a credit with a CML?
If you have chronic myeloid leukemia or CML and want to take out a home or business mortgage, it’s best to do it as soon as possible. Indeed, it is imperative that your age does not exceed 70 years at the end of the loan. You should also know that a ceiling has been set. The amount of accumulated credits must be below $ 320,000. This figure does not take into account bridging loans if the loan is for the purchase of your principal residence.
In the case of a consumer credit, this ceiling of the cumulative amount of credits is revised to $ 17,000 for a repayment term of up to 4 years. To ensure compliance with this rule, you are asked to sign a declaration of honor confirming that this threshold has not been exceeded yet. As for the age criterion, the maximum age required is 50 years.
What about the borrower insurance?
A LMC should not prevent you from getting loan insurance tailored to your needs. Insurance companies and banks are required to study your file and make a proposal tailored to your profile. For low-income borrowers receiving a reinforced zero-rate loan, the premium to cover the aggravated health risk is entirely the responsibility of the bank or the insurer if the insured person is under 35 years of age. .
In case you have already taken out a credit, it is important to review the terms of your contract and update the elements of your profile within the time limit set in your policy. If the loan application is still in your future, you should know that the AERAS convention, revised in 2011 and the first version of which dates from January 31, 2007, gives you the right to benefit from a loan and a borrower insurance, despite the specificity of your case.
What recourse in case of refusal?
In practice, credit and insurance institutions are not always enthusiastic about granting a loan or insuring someone with CML. The rate applied for a loan is often higher than normal and the cost of insurance becomes more expensive because of the applied premium. In addition, you will be subjected to various medical examinations and questionnaires before the study of your file, which tends to delay the obtaining of the financing or the insurance which you need. To avoid wasting time, it is more advisable to start loan insurance application procedures well before the actual signing of the promise of sale.
In case of refusal from the lending institution or the insurance company, you can contact the mediation commission of the AERAS convention to have recourse. It should be noted that some organizations deliberately fail to inform borrowers about the existence of the AERAS agreement in order to dissuade them from continuing their project of applying for funding. It is to be hoped that the 3 rd Cancer Plan (2014-2019) will really contribute to facilitating access to credit and insurance for a more fulfilling life, during and after cancer.
If the banking institution can refuse to grant a real estate loan with group insurance, you are free to subscribe to an individual insurance offer tailored to cover the “aggravated risk” leukemia with an insurer external to the lending bank.
- More information on the delegation of insurance
- Learn more about the AERAS convention
- More information on the Cogilaw Company
Aggravated health risk: borrower exclusion buyout
- Learn more about the risks aggravated health
- Contact a specialized advisor
- Get a quote insurance credit habitat
The Cogilaw Company allows you to benefit from the principle of “insurance delegation” and thus take out credit insurance with a body external to the credit institution. You will be able to play the competition and find the best price insurance loan with support for your aggravated health risk: leukemia.