France introduced the Lagarde reform in France in September 2010, enabling people who contract a mortgage loan to choose a different insurance policy than that proposed by the lending establishment. This reform has had a major impact on the creditor insurance sector.

People in France seeking a property loan will seek to compare offers. According to a survey done by Cardif in 2010, nearly 70 percent of consumers surf the Web to find information before they purchase an insurance product. The Web has thus become one of the primary sources of information for policyholders.

Calculate the cost of creditor insurance in just a few clicks

When people begin to finalize a mortgage, they also want to estimate the cost of their future creditor insurance. The new Cardif website helps them do exactly that, proposing a simulation of the cost of insurance to cover the property loan. The Cardif rate simulator is available on the Web, as well as mobile devices (iPhone, Android and Blackberry).

Visitors can then complete their insurance policy by contacting a call center staffed by specialists.

In addition to rate simulations, visitors to the site have access to a variety of information on mortgage loans and procedures to be followed to complete their project, taking into account individual situations (first time home buyers, people investing in rental property, etc...). There is also a useful glossary of mortgage lending terms like leasing, bridge loan, etc…

“Cardif Creditor Insurance”: custom-tailored coverage for borrowers

Introduced in the early 2000s, the Cardif creditor insurance branded “Cardif Garantie Emprunteur” in France is a custom-tailored solution, marketed by all Cardif distribution partners (independent financial advisors, brokers, etc…). Designed for both consumers and businesses of all sizes, this coverage enables borrowers to protect themselves and their family by guaranteeing repayment of the loan or loan installments in the event of temporary or permanent disability, loss of autonomy or death.

Cardif has anticipated the impact of the new legislation and created this innovative website to share its expertise with consumers. This initiative reflects the new behavior of policyholders who increasingly turn to the Web for information before they make a decision.


Cardif, insurance unit of BNP Paribas Assurance, develops and markets savings and protection solutions which are distributed via diverse channels. It has received an AA rating from Standard & Poor's. Its activities are geographically diversified with strong positions in Europe, Asia, Latin America. Cardif's roster of partners now includes more than 35 of the world's top 100 banks.
BNP Paribas Assurance is the life and property & casualty insurance arm of BNP Paribas. It counts over 8,000 employees, 74% of them outside France. BNP Paribas Assurance had gross written premiums of €20.7 billion in 2009. It generated 41% of its 2009 gross written premiums outside France. BNP Paribas Assurance is the world leader in creditor insurance and the fourth-largest life insurance company in France.
BNP Paribas Assurance is actively committed to exemplary Corporate Social Responsibility. It has adopted a Socially Responsible Investment program, encourages diversity throughout the enterprise (earning the "Equality at Work" label in France ) and supports local economic development in the markets where it operates. BNP Paribas Assurance is equally committed to environmental responsibility, deploying an action plan to achieve a 10-percent reduction in the company's carbon emissions.
Press contact(s)
Press contacts:

Adeline Jacques – 01 41 42 65 61 – 06 62 63 73 87 – adeline.jacques [at] bnpparibas (dot) com
Sophie Le Blévec – 01 41 42 69 56 – 06 65 88 38 39 - sophie.s.leblevec [at] bnpparibas (dot) com

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