Valorama offers Job Loss Insurance (JLI), which can be taken out in addition to loan insurance. This contract is optional and has the advantage that it is not linked to the loan insurance contract requested by the bank and can therefore be taken out in addition to any loan insurance contract, regardless of the insurer, regardless of the loan. It can be cancelled at each anniversary date.
The condition is to be under 53 years of age, to be resident in France for tax purposes and to prove that you are in paid employment, regardless of how long you have been in the job. It allows for the payment of a lump-sum allowance for the duration of unemployment, in addition to the allowances paid by ASSEDIC .
MAIN CONDITIONS OF THE INSURANCE
(indicative, for France Metropole at 20/03/2020. Non contractual)