These types of insurance offer protection both to the borrower and the funding body. They also guarantee the assumption of all or part of the repayment deadlines or the outstanding capital of a credit in the event of the occurrence of certain events.
Borrower insurance (or real estate financing insurance / mortgage funding) is a guarantee subscribed to cover a loan, whether it is real estate financing or a consumer credit, in order to guarantee the payment of financing deadlines in the event that the borrower is unable to reimburse all of the remaining capital.