What does Assurance de pret mean in English?

English speaking French Bankers

Assurance de pret is the french term for mortgage insurance which is typically a required item when you obtain a mortgage with a French bank.

Even if you have experience getting mortgage insurance in a country outside of France do not assume it is the same in France and do not assume the policy will offer the same coverage as in another country. Make sure you fully understand the document and the cost of the insurance before you sign any papers.

Note: many banks are very strict at this time in giving out mortgages so they will make sure the client has excellent insurance coverage even to the point of the mortgage insurance company asking the borrower for a blood sample to make sure they are healthy.

If you need more information it is best to contact an English speaking French banker or mortgage broker. We can help put you in contact with one Free of Charge click to contact us here.