Advantages of group insurance

The results of the survey carried out by BNP Paribas Cardif in 21 countries with 21,000 participants:

• expressed sense of vulnerability to unpredictable life situations
• universal drive for spending
• expressed need to be protected against risks

Creditor protection insurance protects monthly income based on which the insured has been granted a loan, in other words BNP Paribas Cardif undertakes to repay the loan in case the loan user becomes unable to do so by him self.

Advantages for the insured:

• Psychological need to be at peace
• Lower price compared to individual insurance policies
• Simple access to insurance