ACE Resale Protect

Compact cover for property.
Eighty percent of Germans would like to own their own home. But the fear of unemployment and financial uncertainty often prevents them from buying. Property developers, financial advisers and construction lenders especially are well aware of this. With ACE Resale Protect, you can offer a persuasive selling point.

Who might be interested in the insurance?

• Property developers
• Kit home suppliers
• Construction lenders
• Financial advisers
• Redevelopment companies
• etc.

Insured Risks

Through the modules provided for, ACE Resale Protect covers both the distressful situations in which property buyers or home builders can fall into:

• In case of liquidity problems, ACE Property Instalment Protection Plan
  (ACE ImmoRatenschutz)
  offers security through an allowance on loan instalments:
  - Unemployment through no fault of one's own
  - Unfitness for work

• ACE Property Value Protection - Protecting against loss of value in case of a distress sale (ACE ImmoWertschutz)
  Insured reasons for a distress sale:
  - Unemployment through no fault of one's own
  - Work relocation (for property owner-occupiers)
  - Accidental death
  - Divorce
  - Multiple births (from triplets upward, for property owner-occupiers)

ACE Resale Protect offers complete flexibility in that it can be customised, either by purchasing both modules or even by purchasing cover consisting of one or more individually insurable risks

Benefits

• ACE Property Instalment Protection Plan (ACE ImmoRatenschutz)
  Up to EUR 1,500 per month

• ACE Property Value Protection (ACE ImmoWertschutz)
  One-off payment of an average of 25 percent of the purchase price, with a maximum of EUR 35,000

Particularities

ACE Resale Protect can be purchased for both property owner-occupiers and property investors.

Exclusions

The work relocation or multiple birth risk can only be insured in the case of property owner-occupiers.