Mortgage insurance

Theoretically no, but in practice all banks require insurance before granting you a mortgage, to guarantee their loan.

No, you are free to subscribe to an insurance policy with another organisation through a delegation of insurance. Banks are not allowed to force you to take out their group contract, but in practice they are often very pushy...

Yes, and there are often good savings to be made! You can change at any time within 12 months of signing the mortgage offer, under the Hamon Law, and on each anniversary date of your contract, under the Sapin II Law or Bourquin Amendment.

Mortgage insurance represents on average between 25% and 35% of the overall cost of a property loan, so it's worth looking into it! Depending on your age and situation, the average rate can range from 0.40% to almost 1%.

Some cover is compulsory (death, loss of independence) and others are optional. If you change your loan insurance, you must keep the same guarantees in order to respect the principle of equivalence of guarantees, otherwise the bank may refuse your new insurance.

Yes, in some cases at the end of the repayment of your credit if the risks for which you were insured have not occurred, but this only applies to credit taken out between 1996 and 2005.