The benefits of optional employment loss insurance
Discover the benefits of optional employment loss insurance.
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Losing your job unexpectedly can happen to anyone. You can, however, limit the financial impact on you and your family with an optional employment loss insurance that temporarily reimburses your loan instalments.
With the optional employment loss insurance, you can give yourself the opportunity to find a new job after an involuntary redundancy. The insurance reimburses up to 12 instalments during the covered period.
After completing your loan application online, you can request the optional employment loss insurance online or through your advisor.
The optional employment loss insurance is a collective insurance policy under Belgian law, concluded by Alpha Credit SA with AG SA, and distributed by BNP Paribas Fortis.
In case of employment loss and after a 3-month waiting period, the insurance reimburses up to 12 instalments, including the insurance premium, during the coverage period.
The benefits of optional employment loss insurance
Discover the benefits of optional employment loss insurance.
Maximum amount
You are covered up to a maximum of €50,000 for all insured loans for which you are (co-) borrower. At the end of the loan, you must be under 65 years old.
Clear and transparent
The premium is 4% of your loan instalment and is included in the monthly repayment.
Easy to sign up for
Complete and sign the subscription form online or at the agency. As soon as the loan amount is credited to your account, the insurance becomes effective.
Involuntary termination of an indefinite-term contract (at least part-time)
Unemployment due to the expiration of a fixed-term contract, dismissal for gross misconduct, resignation of the insured, retirement, early retirement or pension
Temporary, economic or part-time unemployment (with or without income guarantee)
The list above is non exhaustive. Please refer to the general conditions to discover the exact extent of the guarantees. The information sheet lists the main characteristics of this insurance. To obtain an offer, please contact your advisor or call the Easy Banking Centre at 02 433 41 32. You can also make an online simulation after completing the loan application procedure on our website.
Before subscribing to your insurance, please read the following documents:
The optional employment loss insurance is a collective insurance policy under Belgian law, concluded by Alpha Credit SA – the policyholder – with AG SA – the insurer – and distributed by BNP Paribas Fortis.
If you have a complaint, you can address it to BNP Paribas Fortis SA, Complaint Management Service JQABD, Montagne du Parc 3, 1000 Brussels, tel. 02 228 72 18, gestiondesplaintes@bnpparibasfortis.com or via www.bnpparibasfortis.be > Suggestions ou complaints > online declaration form
If the proposed solution does not satisfy you, you can address your complaint by mail to the Insurance Ombudsman Service, Square de Meeûs 35, 1000 Brussels, BCE: 884.072.054, tel.: 02 547 58 71, info@ombudsman-insurance.be -
www.ombudsman-insurance.be.
We are available and are happy to help.
Contact the Easy Banking Centre at 02 433 41 30 or make an appointment with your advisor.
Online or with the help of your advisor, find the loan that best suits your project.
Estimate the financial impact of an involuntary job loss on yourself and your loved ones and check if you meet the subscription conditions.
Complete the subscription form within 30 days of accepting your loan application online (or 60 days through your advisor). Your contract starts as soon as the loan amount is credited to your account.
With the optional loan insurance (branch 21), a collective insurance, you can realise your projects without putting your finances or those of your loved ones at risk in the event of disability or death.
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Credit form: loan. The provisions of the Consumer Credit Act, Chapter 1, Title 4, Book VII of the Economic Law Code apply. Subject to acceptance of your application by Alpha Credit SA, lender, Montagne du Parc 8/C, 1000 Brussels – RPM Brussels – VAT BE 0445.781.316. Tied agent: BNP Paribas Fortis SA, Montagne du Parc 3, 1000 Brussels – RPM Brussels – VAT BE 0403.199.702.
AG Insurance (in short AG) SA – Bd E. Jacqmain 53, B-1000 Brussels - www.aginsurance.be - info@aginsurance.be - RPM Brussels – VAT BE 0404.494.849 - Insurance company approved under code number 0079, under the supervision of the National Bank of Belgium, Bd de Berlaimont 14, 1000 Brussels.
Intermediary: BNP Paribas Fortis SA – Montagne du Parc 3, B-1000 Brussels – RPM Brussels – VAT BE 0403.199.702, is registered under this number with the FSMA, Rue du Congrès 12-14, 1000 Brussels, and acts as a tied insurance agent, remunerated by commissions, for AG Insurance SA. BNP Paribas Fortis SA holds a stake of more than 10% in AG Insurance SA.
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