Life Insurance with Mortgage

Agencies and other headaches, keys and cleaners, running costs and contracts...in short, all the things we spend so much of our time doing behind the scenes.<br>
Lars
Posts: 25
Joined: Mon May 19, 2014 7:05 pm
Location: Dorodogne - near Monpazier

Life Insurance with Mortgage

Post by Lars »

Hi all,
a quick question that hopefully might be of interest to more than just me.
We have a mortgage on a property in france and it came with compulsory life insurance. I've checked and by shopping around I can reduce the life insurance cost by about 50 euro a month to 20 euros!
I thought under 'loi de hamon' that i was entitled to switch but credit agricole are telling me that i'm not allowed after the first year.

does anyone have experience of switching life insurance to get a better rate?

many thanks
Dusty
Posts: 356
Joined: Wed Dec 19, 2012 3:32 pm
Location: St Cernin de Labarde, Dordogne
Contact:

Post by Dusty »

Hi Lars, I haven't switched life insurer but have done so for both house and car insurance and my broker handled the transfers. We had a lot of problems with closing down the Credit Agricole ones but they were eventually sorted out.
I would talk to a broker, pm me if you want the name of ours in Eymet.
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