France: Loi Lemoine & Mortgage Insurance Guide

In France, borrower insurance can cost as much as the mortgage interest. The Loi Lemoine (2022) changed everything.

What is it?

You can now switch your mortgage insurance provider at any time, at no cost. You do not have to wait for the anniversary date.

The Savings

Bank insurance is often expensive. By switching to a third-party insurer, you can save up to 50% on premiums, potentially saving €10,000 - €20,000 over the life of the loan.

How to Apply

1. Compare external insurance offers.
2. Send the new contract to your bank.
3. The bank must accept it within 10 days if the coverage is equivalent.

Calculate Savings