KBC Remission of Debt protects your family or company against having to pay off your debt in the event of your death. If you die during the term of the credit facility, any remaining debit is waived in full. KBC Insurance pays the outstanding principal and interest on your credit facility.
There’s no need to go through a medical questionnaire or examination to take out the insurance.
Life insurance cover for remission of debt in the event of death is available for business credit facilities of up to 100.000 euros. For higher credit amounts, a loan balance insurance provides life insurance cover.