Eva and Paul are two teachers in Grenoble. To buy their dream home, they borrowed €389,000 over 20 years. By switching to Lovys, they would save around €17,600: enough to build a lovely swimming pool for the summer.
Guillaume, an osteopath in Paris, bought a studio flat in the 8th arrondissement. He took out a €400,000 loan over 25 years with his bank's insurance. By switching to Lovys, he would save around €12,000: enough to buy a small electric city car.
Antoinette and Benoît, a couple with two young children, borrowed €395,000 over 25 years. By switching to Lovys, they would save around €7,500: enough to start putting money aside for their children's future education.
It's insurance required by your bank to guarantee your loan repayments if something serious happens in your professional or personal life.
Yes, it's possible, even if you already have insurance! Thanks to the Loi Lemoine (Lemoine Act), you can switch mortgage insurance at any time, without waiting for your policy's anniversary date and with no cancellation fees.
The only condition: your new policy must offer cover equivalent to that required by your bank. Once it has received your complete application, your bank has 10 days to respond to your switch request.
So you can compare offers and choose insurance that suits your needs, at any time during your mortgage.
Your loan (amount, term, interest rate), your insurer (cost of premiums, quality of service) and your profile (employment, marital status, health): these are the three criteria to look at before making your choice.
Yes! Even if you already have mortgage insurance, you can switch at any time, without waiting for your policy's anniversary date and with no cancellation fees.
The condition? Your new policy must offer cover equivalent to that required by your bank. Once it has received your complete application, your bank has 10 days to respond to your switch request.
So you can compare offers and choose insurance that better suits your needs, at any time during your mortgage.
Yes, and it's best to compare carefully before choosing. The main criteria to consider:
It only takes a few minutes:
Sign your policy online: we send the certificate to your bank and take care of cancelling your old policy if needed.
Lovys takes care of everything: just tell us the name of your current insurer and your policy date, and we'll handle the switch with your bank, within the legal deadlines.
You can cancel once your bank has approved a new, equivalent insurance policy: this is a legal requirement, not a Lovys one. Once you have this approval, you can cancel easily from your client space.
