Security for financial obligations
A loan can help make dreams come true. Whether it's financing a home, buying a new car, or realizing a major project. But what happens when unforeseen events occur that affect your ability to repay? That's where payment protection comes in.
Illness, accident, unemployment, or other circumstances can drastically reduce your standard of living. Reserves are quickly depleted. In such cases, at least the running costs for accommodation, energy, and monthly contractual obligations should be secure.
Is your customer unable to make their payments?
In such a case, shortly after a return debit note is issued, you would be left without a telephone, heating, or mobility, for example. To prevent this from happening in the first place, Société Générale Insurance offers various protection options that ensure basic services* are guaranteed for a predictable period of time in such cases. Whether tenants with low incomes or entrepreneurs with high monthly incomes are affected—privately or for the company—every payment default is worth protecting.
Both are on the safe side: the lending company and the consumer.
