Astronomical prevent disability insurance to buy home
DECO warning that law is contradictory and discriminaçãoOs allows people with disabilities have, like all others, right to credit for housing, and to enjoy a lower interest rate. But the difficulties raised in the life insurance mandatory, eventually prevent many people from buying house.
The alert is the edition of July / August of DECO PROTAS that the law prohibits discrimination against people with disabilities, but at the same time, allow these citizens are treated differently. And the contradiction ultimately prevent them from buying house.
People with disabilities benefit from a reduced interest rate of only 65% of the rate of European Central Bank. As this is now at 1%, the rate for disabled people is up by 0.65%. The difference is paid by the state, which contribute 77% of interest.
Banks get to collect 400 euros per month for insurance
Conditions that would be favorable to, if not the life insurance mandatory. The DECO reported cases in which bank customers in this situation enough to pay 400 euros per month, only insurance. Almost as much as a benefit.
All because the law on the one hand, prohibits discriminatory practices, such as refusing to hire or insurance surcharges apply. But on the other, allows them to do so provided that ‘justify the decision with statistical data and actuarial standards, resulting in technical evaluation and selection of risk.
The customer has the right to be informed on how it is being charged more because of their disability or illness, but even to disagree and use the commission established for that purpose, and this gives them reason, the opinion is not binding, ie, the insurer is not bound to it abides. In other words, everything is the same.
Some banks help more than others
The DECO progresses, however, some possible solutions, while the law is not changed. One can pass the exchange bank. This is because some banks do assessments on a case and admit exempt in some cases, the life insurance.
Disability can not buy house (video)
But there are banks that do not abandon him. In such cases, you have to look among the many insurers available, it offers a more favorable conditions. If you can not bear any of the values that it is offered, then there is nothing to do.
There is also the possibility that in some cases, life insurance is just the name of the client without disabilities, where there are two owners.
DECO and association of disabled people want to create a fund
But to ensure that these citizens are dependent on the goodwill of the banks, DECO and the Portuguese association for the disabled have a proposal.
The association of disabled proposes the creation of a fund such as the Motor Guarantee Fund, where a percentage of life insurance policies for credit for housing, reverse them. In case of death of the disabled person, the bank would be reimbursed, activating the fund.
Alternatively, they say, the state government should create a fund, and take social responsibility.
The association further argues that should, by law, exempt the poor part of the couple’s life insurance, a solution that does not remove the discrimination, at least, allows access to credit.
The solution proposed by DECO is also a fund, but this solution, all citizens contribute a percentage of premiums of life assurance, personal accident and health. Thus, people with disabilities who could not hire the policy, could use the fund.
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