Borrower Insurance 2025: What Changes with the Lemoine Law
Summary: Starting in March 2025, the Lemoine Law will once again evolve regarding borrower insurance. This article reviews the new amendments (possibility of cancellation at any time, strengthened right to be forgotten, new transparency rules for insurance rates) and explains their concrete impact for borrowers and brokers. You’ll also find tips here to renegotiate or delegate your contract effectively.
A constantly evolving legislative context
For several years, borrower insurance has undergone successive reforms to boost competition and reinforce consumer protection. The Lemoine Law, adopted in 2022, already enabled major advances, notably cancellation at any time and an extension of the right to be forgotten. In 2025, new amendments will complement this framework, aiming for a more transparent and accessible market.
What’s new in the Lemoine Law in 2025?
- Easier cancellation at any time: While mid-term cancellation was already established, the updated law further streamlines the process: electronic notification is possible, processing times are shortened, and certain supporting documents are no longer required.
- Strengthened right to be forgotten: The application periods for the right to be forgotten are reduced. Now, anyone who has had cancer or hepatitis C will no longer need to declare their condition after 3 years of remission (instead of 5 years previously).
- Greater transparency of insurance rates: Banks and insurers must display the APRI (Annual Percentage Rate of Insurance) in a clear and comparable manner from the simulation stage, and communicate the total insurance cost over the loan period.
Concrete consequences for borrowers
For individuals, these changes make it easier to access insurance better suited to their needs, potentially at lower cost. Thanks to the simplified cancellation, it is easier to compare offers and switch insurance when an opportunity arises. The strengthened right to be forgotten improves access to credit for people with prior medical conditions, who were often subject to extra premiums or denied coverage.
Transparency on rates helps avoid unpleasant surprises and better anticipate the total cost of your mortgage.
Impact for brokers and insurance professionals
Brokers will need to adapt their sales practices and tools to offer even more precise and personalized comparisons of guarantees and prices. The digitization of procedures (cancellation, subscription) offers new service opportunities, but also requires increased vigilance regarding compliance and personal data protection.
Professionals will also need to pay attention to the changing profiles of clients, particularly those benefiting from the right to be forgotten, and tailor their advice accordingly.
How to renegotiate or effectively delegate your borrower insurance?
- Encourage competition: Don’t hesitate to approach several insurers for comparative quotes. Use online simulators and explicitly request the APRI.
- Analyze the guarantees: Don’t just look at the price; make sure the guarantees offered match your needs and your professional and personal situation.
- Prepare your file: Anticipate providing supporting documents (loan contract, payment schedule, amortization table) to speed up the processing of your request.
- Get support: A specialized broker can help you optimize your approach, verify the compliance of offers, and defend your interests with financial institutions.
Key points
The 2025 version of the Lemoine Law marks a new step in the liberalization of the borrower insurance market. More freedom to cancel, stronger rights for former patients, increased transparency on costs: these advances benefit all borrowers. To take full advantage, it’s essential to stay informed and regularly compare offers. Don’t hesitate to seek professional advice to optimize your insurance strategy and reduce the overall cost of your mortgage.
