Loss of job insurance: insure your credit in case of unemployment or ITTT

For a job loss insurance or adapted ITTT, choose the Credither Budget Guarantee. B énéficiez an annuity in case of dismissal or work stoppage

Life can sometimes hold surprises so it is better to be careful, especially when it comes to borrowing capital to achieve its projects. Did you know that you can easily take out a job loss insurance and receive a monthly pension that you can use to secure your consumer credit, among other things? Discover the Credither Budget Guarantee!

What is job loss insurance?

What is job loss insurance?

The job loss insurance is an optional provident service, complementary to the borrower’s insurance which is associated with a consumer loan, which allows you to protect yourself in particular in case of unemployment. Named “Budget Guarantee”, this insurance is complementary to the death and disability guarantees. It thus intervenes in the framework of a cessation of activity undergone and not chosen: thus it does not apply within the framework of a conventional rupture of work nor in the framework of a resignation. The job loss insurance helps to rebalance your finances temporarily affected by the decline in your income. Because, in fact, a temporary cessation of activity leads to a substantial decline in income, repaying a loan in these conditions can be difficult. In addition, benefits in case of forced inactivity may be low. This option offers additional guarantees that may be essential…

How does job loss insurance work?

How does job loss insurance work?

Its operation is relatively simple:

– You subscribe to the option by choosing the amount of the monthly pension according to your needs and the amount of the associated contribution according to your finances, you perfectly control your expenses. – You pay your monthly contribution and you are thus insured during your temporary stoppage of activity. – You can insure your loved ones and save money: the subscription of a second contract for your spouse is at -20% with our couple rate. What to plan to protect your family from the hazards of life.

In addition, the loss of employment insurance has advantages:

– Your monthly pension will be paid automatically from your 91 st continuous day of compensation – by Pôle Emploi as part of the loss of your work or by Social Security or affiliated organizations in the context of a work stoppage medically justified. – Our coverage is available to as many: you can subscribe to your 55th birthday without prior medical examination and you will be covered and accompanied to your 60 years in case of unemployment and even up to 65 s’ it is a temporary work disability. – The amount of compensation received is not subject to income tax.

It should be noted that the maximum duration of compensation for each application is 9 months maximum. On the other hand, the maximum duration of payment on the same contract can not exceed 18 months.

How to buy this job loss insurance?

How to buy this job loss insurance?

It’s easy to join, follow these steps:

  • Download the documents relating to Garantie Budget. Your reference document will be the sheet concerning the general conditions of insurance.
  • Print and complete the subscription request and the requested banking information on the SEPA direct debit form. Do not forget to date and sign these documents so that your file is complete and your application can be taken into account as soon as possible.

Practical information relating to the subscription of your credit insurance in case of job loss

Practical information relating to the subscription of your credit insurance in case of job loss

In order to provide you with a customized contract that best suits your financial and current situation, you can make your choice according to two criteria. Either you decide to opt for a higher or lower coverage depending on your estimates of the consequences of reducing your current income, or you start from the amount of the contributions in order not to affect your current monthly expenses. A summary table can help you make your choice:

For more personalized advice, do not hesitate to contact one of our experts. Our Credither advisors are able to help you choose the best solution to secure your loan. You can write to us via chat or email or call us on the phone where you can also, if you wish, arrange an appointment to discuss your options at one of the branches near you.  

– Once the documents have been received and approved, we will send you the special conditions to keep and they will be proof of the beginning of your contract.

Why choose Credither to make sure?

Why choose Credither to make sure?

We are proud of our 60 years of experience and our consultants are experts who will guide you to enable you to realize your projects in optimal conditions. We also offer other complementary pension products and services, designed with specialized partners to meet your needs as closely as possible and to enable you to better cope with all situations of everyday life. So do not wait any longer, contact us today to get more information on our job loss insurance.    

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