With our associated payment protection insurance, you can relax no matter what happens.
Voluntary payment and loan protection insurance, linked to the financing. One of its main purposes is to ensure payment of the outstanding loan balance when a covered event occurs.
Provides protection against various contingencies, such as unemployment or the fraudulent use of your card, so you don't have to worry about a thing.
The payment and loan protection insurance coverage is sold as a pack, and is offered based on the characteristics and conditions of the commercial agreement.
Our advisers will give you personalised information on all the coverage available.
DEATH
Provides the policyholder the guarantee of settling the outstanding loan balance in the event of death, whether due to illness or accident.
SEVERE DISABILITY
Provides the policyholder the guarantee of settling the outstanding loan balance in the event of severe disability, whether due to accident or illness.
UNEMPLOYMENT OR TEMPORARY DISABILITY
Unemployment:
It covers the dismissal of customers with a permanent contract, civil servants (temporary) and members of co-operatives. The main requirement is that the INEM verify the unemployment situation. There is a waiting period of two months from contract signing and a one-month excess.
Temporary Disability:
It covers temporary disability for self-employed workers, career civil servants and customers with a temporary contract. And it has a two-month waiting period, only for illness, from contract signing and a one-month excess.
Compensation in both cases:
-Indemnity to be received for Cards: Compensation will be paid with 10% of the balance drawn on the date of temporary disability, monthly with a maximum of six consecutive monthly payments, regardless of the customer's payment method and with a maximum of €400/month.
-Indemnity to be received for Loans: Compensation will be provided with the amount of the monthly payment, with a maximum of six consecutive monthly payments or 18 alternate monthly payments, and with a maximum of €400/month.
PURCHASE GUARANTEE (CARDS ONLY)
It offers protection against the theft or total destruction of the asset, provided said theft or total destruction occurs within 90 days of purchase, limited to €2,500.
FRAUDULENT USE (CARDS ONLY)
It offers protection against the unauthorised use of the card by a third party that results in a debt. This benefit is limited to €150.
