9 March 2020

Insure my property: options

Naturally, your real-estate project is worth a great deal to you. So do not leave anything to chance and get the best possible protection for your home and your family.

Loan protection insurance

Nobody likes to think about it, but what if the unthinkable was to happen to you during the term of your loan? With loan protection insurance, you spare your family the burden of having to repay the loan on their own.

For maximum security, it is a good idea to opt for 100% cover for each borrower. However, you can also choose a different value (e.g. 50% each or any other combination adding up to a minimum of 100% of the total amount borrowed).

Your ING contact person will recommend the best package according to your personal situation.

Home insurance

Your home is worth a great deal to you. You should therefore take steps to protect it. Imagine if a fire, flood, burglary or natural disaster was to destroy your dream home? With ING home insurance, you are covered for all these and other damages.

With ING, you can also pay your home insurance premiums on a monthly basis, thereby avoiding nasty surprises, e.g., at the end of the year. For new and recent buildings, ING also grants a special discount for the first few years of the "building" premium.

Good to know

If you combine your insurance and your home loan with ING, you may benefit from more advantageous rates in certain cases.

Income protection insurance

The Walloon Region and Flemish Region offer free insurance against loss of income. Specifically, that means these regions will help you pay off your home loan for a limited period if you involuntarily become unemployed or unfit for work.

In order to apply for this insurance and make a claim, you must meet certain eligibility criteria. Because the insurance is specific to each region, there are different conditions in Wallonia (FR) and Flanders (FR).