Fight insurance loan real estate online
May 10, 2019
Do you practice a sporting activity, Wrestling and you want to guarantee at best a loan in progress? Check out our special file borrow with sports risk Fight …
Guarantee your mortgage with loan insurance adapted to competitive wrestling
Wrestling in competition
Wrestling in the competition is a sports discipline consisting of dropping one’s opponent and blocking both shoulders stuck to the ground. This combat sport with bare hands comes in several varieties, the main ones are free wrestling and Greco-Roman wrestling.
Real estate insurance violent sport
The subscription of loan insurance is an essential passage to obtain a mortgage. Indeed, it represents an essential guarantee for the bank to collect the repayment of the loan throughout its duration whatever may happen to the borrower. Your banker will then present you with group insurance which you are not obliged to accept since you are legally free to take out the insurance of your choice from an external insurer if the contract of the delegation of insurance has a level of guarantee at least equivalent to that initially offered to you. The ability to delegate your loan insurance allows you to opt for a cheaper and more suitable contract than the bank’s group insurance contract.
The problem related to the risks of competitive wrestling
If you practice the fight in the competition , some insurers will refuse to cover you for these risks because it is a sport which is part of the “exclusions” of their insurance contracts. The insurer who will agree to protect you will probably have to put in place specific contract conditions, which will lead to an increase in your contributions.
For a new loan, with guarantee related to sports risks Fight
The same sports borrower can search, find and take out external credit insurance at the bank. To compete, the broker specializing in sports risk management Fight will find the best insurance contract for loans. Tip: Contact sports associations for specific information before subscribing.