Personal Insurance for Businesses

Resale Protect Insurance

Compact Cover for Property.

Have you had a property buyer back out of a sale yet again because the fear of unemployment, unfitness for work or work relocation has shaken his confidence? Now you can use your new selling point in the property market: Resale Protect. The compact cover for property allows the gravest doubts about property purchase to be removed.

Who Might Be Interested in this Insurance?

  • Property developers
  • Kit home suppliers
  • Construction lender
  • Financial advisers
  • Redevelopment companies
  • etc.

Insured Risks

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.

Benefits

  • Property Instalment Protection Plan (ImmoRatenschutz) Pup to EUR 1,500 per month
  • Property Value Protection (ImmoWertschutz) One-off payment of up to 25 percent of the purchase price, with a maximum of EUR 35,000

Particularities

Resale Protect can be purchased for both property owner-occupiers and property investors.

Exclusions

The work relocation or multiple birth risk can only be insured in the case of property owner-occupiers.

The Advantages for You

  • Persuasive selling point
  • Completion of your product portfolio
  • Flexible integration into your concept solutions
  • Distinguishing feature marking you out from your competitors
  • Claims handled directly between Chubb and your customers

The Advantages for Your Customers

  • Financial security in case of liquidity difficulties or in case of the distress sale of property
  • Finance and security through one point of contact
  • Claims support with no red tape
Information

The purpose of this information is to provide a first overview of the possible insurance cover included in the Resale Protect policy. For the full and legally binding terms and conditions, please refer to your policy documentation.

Questions?