Protection of the spouse in construction financing

So I am confused.....

It's true that if you receive a larger sum, you can live off it and cover all expenses. But then the life insurance must not have been assigned as part of the financing. If this is not the case, you often get worse conditions. You just have to have it calculated...

We both (spouses) have a RLV that covers the loan amount, but it "decreases" over the years; so it only covers a little more than the debt, up to a certain limit. That costs about €30 a month now, but decreases by €1.50 each year. Personally, I feel better making provisions for myself and the children in this regard (losing a parent and suddenly losing one's home would be hard). For us, the house and property are also something personal that involves a lot of work. Our parents could possibly intervene at any time, but you never know for sure. Otherwise, it is like with all insurance, on average the policyholder does not win... everyone has to decide for themselves for each type of insurance.

After we decided on a mutual flexible RLV, which only covers part of the financing amount, I unfortunately had to find out that I am not receiving any RLV because I have had Crohn's disease for several years and have had one or two surgeries. Currently, however, I am feeling really good. But since I fall through some kind of insurance screening, I have no chance to secure my wife in case of emergency.

Maybe someone of you knows an RLV without health questions?

Thanks in advance.

Regards Jochen

Unfortunately not in the quantity that would be relevant for you.

Hello Jochen,
Insurances calculate their risks. And a risk life insurance of this amount is, in my opinion, not calculable without health questions.
Maybe you will find an insurance that covers you against a risk surcharge. But I think that will be very difficult. And if so, the surcharge is probably so high that it does not make sense for you.
Sorry

After we decided on a mutual flexible RLV, which only covers part of the financing amount, I unfortunately had to find out that I cannot get an RLV because I have had Crohn's disease for several years and have had one or two surgeries. However, I am currently feeling really good. But because I fall through some kind of insurance screening, I have no chance to insure my wife in case of emergency.

Maybe someone of you knows an RLV without health questions?

Thanks in advance.

Regards Jochen

you should definitely answer truthfully.........