Insuring your home loan in case of aggravated risk

Loan insurance delegation is essential for so-called “risky” profiles

It is called “aggravated risk” when the risk of the insured event (disability or death) occurring for a given person is statistically higher than that of a reference population.

Most group contracts do not allow borrowers with a profile of “aggravated risk” to join because they often make very large exclusions or surcharges. In this case, individual insurance companies can guarantee these borrowers and the delegation of insurance thanks to the Lagarde law is the appropriate solution to easily find the contract that will best meet their needs according to the risks involved.

Medical risk

This is one of the most important risks listed by insurers.

In France, people likely to present a significant health problem are estimated at 10 million (chronic diseases, medical history, risk factor, etc.).

The borrowers concerned by this qualification of “aggravated risk” are the persons often presenting long-term affections thus sick or in remission.

This part of the French population was victim of the exclusion of the credit until the establishment of an agreement between the bankers and the insurers. The latter was obtained to mitigate this segregation effect, caused by the risky health of borrowers. This is the convention (Insurance and Borrowing with an Enhanced Health Risk).

If we consider only health risk, we note that in 2015, out of the 3.9 million applications for borrower insurance received for real estate and business loans, nearly 15% of applications presented an aggravated health risk. Of these 15%, 97% obtained a proposal for insurance covering at least the risk of death. Loan Insurance

Loan Insurance

For those persons whose state of health or disability does not allow them to obtain insurance coverage under standard conditions, the AERAS (Insuring and Borrowing with an Enhanced Risk of Health) Convention is triggered, putting an end to discrimination against them by facilitating their access to credit. It allows them to borrow up to 320,000 € for a mortgage and professional loan (and if the age at the end of the loan does not exceed 70 years) and up to 17,000 € for a consumer credit (for anyone under 50 and for a loan application of less than 4 years).

Thus this convention guarantees solutions to allow the greatest number of people to be able to borrow. You are directly concerned by the AERAS agreement if you have or have had a serious health problem.

Some insurance companies, therefore, propose to these people to ensure in the same way as a “standard” borrower presenting no particular risk, for a higher price (surcharge) or for exclusions (because the insurer exposes itself to a greater risk of loss in these cases and thus passes it on to the borrower) but thus allowing them to access the credit.

It is the set of elements of answer to the medical questionnaires (and other complementary examinations that they will ask you) which will allow the insurers to determine the risk incurred and to formalize a proposal. It is therefore fundamental to supplement the medical questionnaires with the greatest transparency because any omission or lie could result in the nullity of the contract.

The AERAS Convention is a three-tier device that allows for a comprehensive review of the health status of each applicant, to accurately assess the risk. This device also allows you to obtain complete information if the cost of the insurance proposed to you seems high, or even if your application for insurance is refused. You will also know at what level this refusal has occurred. If your file is refused at the 3rd level, then this will unfortunately often mean that you can not get any insurance solution on the market.

If, despite all your efforts, you can not find a company that agrees to insure you because of your increased health risk, turn to alternative insurance coverages. Talk to your banker, it may be possible to consider other protection such as family surety, mortgages, etc.

Aggravated health risk, call a broker!

We advise you to call a broker if you present an aggravated health risk because it will be able to interview several companies simultaneously to obtain the most suitable contract for your problem. So we will ensure that your medical insurance profile is properly established and that you get a fair pricing. Whenever possible, we will direct you directly to insurers who will apply less restrictive conditions than others and we will save you precious time, which is essential to the finalization of your real estate financing.

A little longer procedure


The steps to ensure are longer than for a standard borrower file as the insurance company’s medical advisers will require a number of additional medical examinations and reports that will allow them to accurately assess the risk before you make a loan insurance proposal.

It is therefore important to file your borrower insurance file very quickly when there is an aggravated risk so that the membership certificate can be issued on time.

However, by going through us, we will follow very closely each step of instruction of your file to accelerate the things to the maximum and thus allow you to obtain your certificate of adhesion as soon as possible.

Other aggravated risks

Other aggravated risks

The insurance companies also speak of aggravated risk for people practicing risky occupations (firefighters, soldiers, policemen, conveyors, safety officer …), high-level athletes, amateurs or professionals, or people staying in dangerous occupations. so-called “at risk” countries. Here too, the investigation of the file may be a little longer because detailed questionnaires relating to the profession and sports practiced will be requested by insurers so that they can make a proposal.

The risk associated with the profession

Some trades are considered more dangerous than others, and the number of deaths or disabilities found in a particular industry may result in a premium surcharge on the insurance contribution. These risks are determined by accident statistics. In France, there are 240,000 firefighters, 350,000 military personnel, 145,000 police officers and 100,000 security guards and agents who are likely to want to take out a mortgage and therefore need loan insurance.

The risk of sports

The risk of sports

The practice of a particular sport induces a risk of death or additional disability. According to the statistics recorded and communicated by the sports federations, a surcharge can be applied compared to the standard fare. There are 7,000 top athletes in France and close to 10,000 professional athletes who will be able to access loan insurance from our insurance partners in conditions close to standard conditions.

The risk of stay

Stays in certain geographical areas may also result in the application of a surcharge. This includes short-term stays, expatriations or even trips to countries where the political, social or economic environment can lead to increased mortality. The crime rate or even the quality of access to medical care also define the stay risk.

The help of an insurance broker will also be very useful because it will direct you to the companies that cover your business risk, sports or stay at lower cost. So do not hesitate to contact us. We work with many insurance partners, we will help you to find the best level of guarantees according to your profile and will guide you so that all the medical procedures are carried out as quickly as possible and without the advance of expenses on your part.

Young Loan

Loan insurance represents on average one third of the cost of the loan. This is why young borrowers have a great interest in taking out their insurance assignment contract, without being taxed by the bank that finances them.

Some companies offer very cheap loan insurance contracts for young people. On average, it is 10 000 € of savings on a project of 300 000 € for a borrower of 30 years. So know how to enjoy it!

There is no mortgage insurance specifically for young borrowers

There is no mortgage insurance specifically for young borrowers

However, age is an important factor for insurers who prefer to ensure youth, less likely to get sick (according to their internal statistics). Thus, young borrowers will have a contribution that is often lower than that of older people.

Loan insurance for young borrowers, insurance delegation is highly recommended!

Young borrowers, therefore, have little interest in taking out their loan insurance with the Bank, which gives them their loan.

Indeed, thanks to their less risky profile, the prices of individual insurers via the insurance delegation will be systematically more interesting than those of banking organizations that have “group” or “collective” contracts, which do not distinguish the contribution based underwriting age (and therefore average costs).

Loan insurance for young borrowers: your young age is your asset


If you are young, healthy and non-smoker, insurance delegation is typically for you. For such a profile, the savings of a delegation of insurance versus a group contract are indisputable. Indeed, you will not support the risk pooling inherent in any group contract and an individualized rate will be insured.

Young borrower loan insurance

Young borrower,loan

Yes at the best price, No insufficient guarantees!

Use your broker to compete because he can choose the best guarantees for you based on your profile and not just compare rates. To have a low price certainly, but not at the price of neglected guarantees that you may have to regret in case of need for compensation

In addition it will be necessary to pay attention to be in equivalence of guarantees with the contract of the bank which finances you, otherwise you will be denied your insurance contract delegate. We all know the criteria required by the banks and will guide you to make the right choice.

Other Benefits Certain for Loan Insurance for Young Borrowers

The possibility of benefiting from reduced medical formalities

Some companies offer very simple medical formalities for young borrowers: a simplified health questionnaire or health declaration is enough to be insured. This is the case of:

  • Metlife with its contract: simplified health questionnaire up to € 400,000 for a borrower under 45
  • Premavals with its Individual Loans Contract: simplified health questionnaire up to € 400,000 for a borrower under 50
  • Contract: simplified health questionnaire up to € 350,000 for a borrower under 55

The possibility of benefiting from a quick subscription thanks to 100% digital

The possibility of benefiting from a quick subscription thanks to 100% digital

Some of our partners offer 100% digital solutions for the entire process of joining their loan insurance contracts.

These solutions are ideally suited for young, healthy borrowers who have only a simple health declaration to complete, most often with exclusivity of No to medical questions. These “full digital” processes make it possible to subscribe to a loan insurance in 2 days, without any outside intervention.