If the debtor looses his/her job, he/she can claim the insurance benefits under these circumstances:
- Job termination due to employer.
- The job termination happens earliest 60 days after conclusion of the credit contract.
- Due to job termination, the debtor is unemployed during at least 60 (with some providers also 90) consecutive days.
- During 12 or more months the monthly rate is reduced by half or completely are omitted (exact regulations depending on the provider).
