Through the modules provided for, Resale Protect covers both the distressful situations in which property buyers or home builders can fall into:
- Property Instalment Protection Plan (ImmoRatenschutz) Additional financial benefit in case of liquidity problems Security through an allowance on loan instalments: - Debtor's unemployment through no fault of his own - Debtor's unfitness for work
- Property Value Protection (ImmoWertschutz) Protecting against loss of value in case of a distress sale Insured reasons for a distress sale: - Debtor's unemployment through no fault of his own - Work relocation (for property owner-occupiers) - Accidental death - Divorce - Multiple births (from triplets upward, for property owner-occupiers)
You have complete flexibility and can put together your own individual product, either by purchasing both modules or even by purchasing cover consisting of one or more individually insurable risks.
Resale Protect can be purchased for both property owner-occupiers and property investors.
The work relocation or multiple birth risk can only be insured in the case of property owner-occupiers.