The loan protection insurance (or insurance real estate loan / real estate loan) is a guarantee taken out to cover a loan, whether it's a mortgage or a credit consumption, in order to secure the payment of the maturity of the loan in case the borrower is unable to repay in full the outstanding principal.
These types of insurance provide protection to both the borrower and the lender. They also guarantee the support of all or part of the repayment schedule or the outstanding principal balance of a credit in the event of the occurrence of certain events.
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Hanvex-Bank Ltd (no. 08804811) is authorised by the Financial Conduct Authority under the regulation on e-money of 2011 (reference for business 900662). Registered address : 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.
Products related to insurance are organized by Hanvex-Bank Travel Ltd, which is authorised by the Financial Conduct Authority to undertake insurance distribution (FCA no.: 780896) and by Hanvex-Bank Ltd, an appointed representative of Revolut Travel Ltd in relation to the activities of insurance distribution.
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