Subsection 2: Information on loan insurance

Any document provided to the borrower, on paper or any other durable medium prior to the formulation of the offer referred to in Article L. 313-24 and including one or more figures on the insurance mentioned in the first paragraph of Article L. 313-29 mentions the cost of this insurance. This cost is expressed: 1° Excluding any other rate, as the annual effective rate of the insurance, which enables the…

Any insurance intermediary or insurer within the meaning of the Insurance Code offering the borrower insurance to cover a mortgage loan is subject to the obligations set out in article L. 313-8.

A standardised information sheet is provided, at the time of the first simulation, to any person who is offered or applies for insurance whose purpose is to guarantee repayment of a loan mentioned in 1° of Article L. 313-1 or to finance the repair, improvement or maintenance of residential property or property used for both professional and residential purposes, where the loan exceeds €75,000 and is secured by a mortgage…