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Loan Insurance
Guide and Simulator
Mortgage loan insurance 2026: how to save thousands of euros?
The **mortgage loan insurance** is essential for any credit purchase. Since the Lemoine law, you are free to choose an external contract to your bank, which is called **insurance delegation**.
This strategic choice can save you **up to €18,000** over the total duration of your loan.
Our guide and **borrower's insurance simulator 2026** is designed to help you compare the best offers on the market and find the most suitable contract for your profile.
Compare offers in just 2 minutes
Calculate the exact cost for your project and discover the most economical contracts with equal guarantees.
Launch the comparator 2026Understanding insurance delegation
Insurance delegation allows you to take out a loan insurance with the insurer of your choice. The only condition imposed by the bank is that this new contract must offer a level of guarantees at least equivalent to its own. This freedom of choice is the main lever to significantly reduce the total cost of your mortgage.
Guarantees not to be overlooked
A suitable mortgage protection policy should cover several key risks:
- Death and TPD (Total and Permanent Disability): the foundation of all contracts.
- Disability and Incapacity (TTD, PTD, PPD): essential guarantees to protect your income.
- "Psy/back" options: coverage for psychological and back disorders, often excluded from basic contracts.
Group insurance vs. Delegation: The comparison
The choice isn't just about the price. Here are the main differences:
| Criterion | Bank insurance (group) | External insurance (delegation) |
|---|---|---|
| Pricing | Shared, often less advantageous for young people or risk-free profiles. | ✅ **Individual**, based on your personal profile. Often much cheaper. |
| Cover | Standard cover with limited customisation. | ✅ **Tailored**, with the option to choose enhanced cover for your needs. |
| Flexibility | None. You are subscribing to a unique contract. | ✅ **Full flexibility**. You are free to choose your policy and switch at any time. |
The only way to know the potential savings is to compare. Our free simulator provides a reliable overview of the best market offers in just a few clicks.
Frequently asked questions about mortgage protection
? Can I change insurance during the loan?
Yes. The Lemoine law allows you to change your loan insurance at any time, from the day after the signing of your loan offer, without any fees or penalties.
? Can my bank refuse my insurance delegation?
No, as long as the contract you propose adheres to the equivalence of guarantees. The bank cannot penalize you (e.g., by increasing your credit rate) if you choose an external insurance.
? What is the insured share of the loan?
The quota is the portion of the capital that the insurance commits to repay. If you borrow alone, it must be 100%. For two borrowers, the total quotas (e.g., 50/50 or 100/100) must be at least 100%.
