ACE Resale Protect

Compact Cover for Property.
Have you had a property buyer back out of a sale yet again because the fear of unemployment, unfitness for work or work relocation has shaken his confidence? Now you can use your new selling point in the property market: ACE Resale Protect. The compact cover for property allows the gravest doubts about property purchase to be removed.

Who might be interested in the insurance?

• Property developers
• Kit home suppliers
• Construction lender
• 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:

• ACE Property Instalment Protection Plan (ACE ImmoRatenschutz) Additional financial benefit in case of liquidity problems
  Security through an allowance on loan instalments:
  - Debtor's unemployment through no fault of his own
  - Debtor's unfitness for work
  
• ACE Property Value Protection (ACE ImmoWertschutz) Protecting against loss of value in case of a distress sale
  Insured reasons for a distress sale:
  - Debtor's unemployment through no fault of his own
  - Work relocation (for property owner-occupiers)
  - Accidental death
  - Divorce
  - Multiple births (from triplets upward, for property owner-occupiers)

You have complete flexibility and can put together your own individual product, 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 up to 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.