Credit Protection Insurance

RIB works on leading international reinsurance markets, locating abilities and developing products with a view to cover refund of residual debt or payment of instalments in all the cases provided for.

Operating both in the Life and Non Life, RIB supports the insurance market developing a range of reinsurance products to protect insurance companies’ clients underwriting mortgages, personal loans, revolving card credit or special purpose loans.

Products are tailored to cover the most diverse market requirements such as, for example, protection of loved ones in moments of difficulty, ensuring peace of mind in life’s unforeseeable events.

Covers offered and reinsured are the following:
Repayment of residual debt due to:

• Death
• Serious illness
• Total permanent invalidity

Repayment of instalments for:

• Temporary inability to work
• Involuntary loss of employment
• Hospitalisation

RIB can develop a product from scratch, customise it to meet the client’s specific needs and identify the most suitable international reinsurance solution.