Compact cover for property.
Eighty percent of Germans would like to own their own home. But the fear of unemployment and financial uncertainty often prevents them from buying. Property developers, financial advisers and construction lenders especially are well aware of this. With Resale Protect, you can offer a persuasive selling point.
Who might be interested in the insurance?
- Property developers
- Kit home suppliers
- Construction lenders
- Financial advisers
- Redevelopment companies
- etc.
Insured Rsks
Through the modules provided for, Resale Protect covers both the distressful situations in which property buyers or home builders can fall into:
- In case of liquidity problems, Property Instalment Protection Plan (ImmoRatenschutz) offers security through an allowance on loan instalments:
- Unemployment through no fault of one's own
- Unfitness for work
- Property Value Protection - Protecting against loss of value in case of a distress sale (ImmoWertschutz) }Insured reasons for a distress sale:
- Unemployment through no fault of one's own
- Work relocation (for property owner-occupiers)
- Accidental death
- Divorce
- Multiple births (from triplets upward, for property owner-occupiers)
Resale Protect offers complete flexibility in that it can be customised, either by purchasing both modules or even by purchasing cover consisting of one or more individually insurable risks
Benefits
- Property Instalment Protection Plan (ImmoRatenschutz) Up to EUR 1,500 per month
- Property Value Protection (ImmoWertschutz) One-off payment of an average of 25 percent of the purchase price, with a maximum of EUR 35,000
Particularities
Resale Protect can be purchased for both property owner-occupiers and property investors.
Exclusions
The work relocation or multiple birth risk can only be insured in the case of property owner-occupiers.
The Advantages for Your Clients
- Überzeugendes Verkaufsargument
- Vervollständigung Ihres Produktportfolios
- Flexible Integration in Ihre Konzeptlösungen
- Differenzierungsmerkmal gegenüber Ihren Mitbewerbern
- Leistungsfallabwicklung direkt zwischen uns und Ihrem Kunden
Contact Information
A&H Affinity
Phone +49 69 75613-6579
Fax +49 69 75613-4200
E-Mail de.affinity@chubb.com
Information
The purpose of this information is to provide a first overview of the possible insurance cover included in the Resale Protect policy. For the full and legally binding terms and conditions, please refer to your policy documentation.