In terms of loan insurance, smokers are not housed in the same boat as the others and the bill sometimes doubles. So, have you thought about quitting? This is a solution that is beneficial for both your budget and your health!
Why do smokers pay the price?
The annual barometer of the agency Public Health France affirmed it last spring: smokers pay the double price by subscribing to a home loan insurance. Indeed, insurers adjust their price according to the lifestyle of each. Despite this finding, staying honest in your Statement of Health (DES) remains the best option for escaping potential financial and legal harm.
How to lower the rating?
Making a consumer credit allows you to finance your projects while ensuring a refund adapted to your personal situation. Know that it is also possible to reduce the insurance budget of your personal loan. For that, quitting smoking is undoubtedly the best solution even if it is not always easy! To be considered a non-smoker by your credit insurance, you must have stopped smoking for at least two years. And, beware, the “vapers” are no exception to the rule!
There are solutions to stop smoking!
The borrower insurance is unavoidable in case of subscription to a mortgage. To significantly reduce your monthly payments by quitting smoking, have you tested hypnosis? If this method does not work, you still have patches, homeopathy or acupuncture. It is not the solutions that are missing and no matter the method, only the result counts! In addition, these savings will allow you to realize new projects using, if necessary, a personal loan.
How to adapt your insurance contract?
If you have successfully quit smoking after joining your contract, you will need to provide a cotinine test and a certificate on your honor to your insurer for a discount. On the other hand, if you start smoking after taking out a policy, you must also warn your insurer to risk a premium. The borrower insurance thus adapts perfectly to the new situations of your life!