How to protect your home, your loved ones and your property?
OCT 16 2018 | PROPOSED BY AXA ASSURANCES LUXEMBOURG
Your home is your cocoon, this is where you build your life. In the face of unforeseen circumstances, there are many insurance plans to help protect your home and your family.
The outstanding balance insurance to protect his family
To acquire a property in Luxembourg, financial institutions often require you to purchase outstanding balance insurance to insure your loan. It is spread over the entire duration of the repayment and in the event of death or disability, the paid-up capital covers the entire remaining balance of the loan.
It is a guarantee of security for the credit organizations and for the subscriber who does not see his debt transferred to his family.
The insurance premium can be unique and included directly in the amount of the loan, or annual and can be deducted from income taxes.
Protect your property with an up-to-date insured amount
Renovations often rhyme with the purchase of new furniture and equipment.
To avoid unpleasant surprises in the event of a claim, it is strongly recommended to take stock of the total value of the property you wish to cover and to update your insurance contract.
In case of enlargement of the housing surface you must also update your home contract.
Finally, the refurbishment of an old building (doors, windows, piping, boiler, electricity and roof) will allow you to get a discount on your insurance premium, as with OptiHome AXA Luxembourg offering a discount of 10 % on the premium.
Protect your home from floods
The floods of 2016 and 2018 in Luxembourg have shown the importance of being covered against these natural disasters to protect your property and your home. If you have a housing contract before June 2017, it is highly likely that you will not be protected against the risk of flooding.
AXA's "Rain and Flood" guarantee protects your home against the risk of flooding, sewer backup, water run-off or landslide, which can generate significant costs if poorly covered.
Finally, if you live in an apartment high up, think of your cellar that may be exposed to these risks.