Services
Borrower’s Insurance
It secures repayment when you no longer can — so the debt does not pass to your family.
- Death The insurer settles the outstanding balance; heirs are not charged.
- Disability Remaining instalments are covered in case of permanent incapacity.
- Incapacity for work Temporary, after illness or accident: instalments keep running — for you.
3 covered events
Covered
Borrower’s insurance is an essential coverage that protects your ability to repay a loan in the event of unforeseen circumstances such as death, disability, or temporary inability to work. At OPTIMA FINANCE, we offer a comprehensive range of borrower’s insurance solutions to secure your financial commitments and provide peace of mind for you and your loved ones.
How Does Borrower’s Insurance Work?
In the event of a claim covered by your borrower’s insurance contract, OPTIMA FINANCE will cover all or part of your monthly payments, depending on the nature of the incident (death, disability, temporary incapacity).
Coverage
Coverage Offered by OPTIMA FINANCE Borrower’s Insurance
- Death:
- In case of death, the insurer takes care of repaying the outstanding capital, relieving your heirs of the debt.
- Disability:
- If you become disabled and unable to return to any professional activity, the insurer will cover your remaining loan repayments.
- Temporary Work Incapacity:
- If you are temporarily unable to work due to illness or an accident, your loan repayments will be covered during the disability period.