FINANCIAL PROTECTION
We enhance the security of loans_
The smart alternative to residual debt insurance
ZERO’s Loan Protection for private customers
Whether for cars or real estate, loans can be both useful and essential. But what happens if customers face financial hardship due to unforeseen circumstances like accidents, illness, or unemployment? While most banks allow for temporary payment pauses, the need for consistent loan payments remains – financial commitments don’t simply vanish during a period of inability to work.
This is where ZERO’s Loan Protection steps in. We cover the monthly payments, enabling your customers to stay current on their loans while ensuring your cash flow remains uninterrupted.
What is ZERO’s Loan Protection?
Services
Our loan protection covers monthly loan rates if customers become unable to work for more than 6 weeks or become involuntarily unemployed.
Our service is aimed at employees and self-employed workers.
Your customers can focus on what matters most: recovery without any uncertainty about their pension.
Integrations
ZERO loan protection becomes a core component of your service package – an upgrade for your loan, so to speak. Customers automatically enjoy coverage without without any additional bureaucracy.
Benefits
ZERO’s Loan Protection insurance feature provides your customers with financial security and flexibility in times of emergency. This approach not only enhances customer loyalty and satisfaction but also differentiates you in the market, establishing new industry standards.
Your customers enjoy peace of mind and, at the same time, you ensure your customers continue to pay their loans in the event of a financial crisis. A win-win situation for everyone.
The impact of sickness and unemployment
“Unemployment and prolonged illness are among the most common reasons borrowers are unable to meet their loan payments.”
– (Kredit Nordic)
Get started simply with ZERO
We ensure the integration of Invisible Insurance is as straightforward as it gets:
Firstly, we take care of the product integration together, then we deal with the technical integration. The first step in product integration is to find out how you want to integrate the insurance into your offer. In this conception phase, we are happy to support you in identifying the appropriate model. Depending on which services or products you want to enhance with an insurance benefit, for example a premium membership, a one-time insurance or a premium price model may make sense as an offer to your customers. In the latter case, the product is offered without insurance coverage as well as with coverage – as a premium variant.
Once the concept and thus the framework for the insurance has been created, the next step is to create a purpose-fit insurance solution. This involves clarifying which insurance has added value for customers and which data is available to calculate the price. The technical integration is followed by the implementation of the created product concept. If necessary, you can adjust your website and integrate ZERO’s technical interface. By using the API connection, you can add or remove members, manage contracts and much more. Even if you want to change something manually, you can do so via our web interface, which gives you unrestricted access to the insurance.
Got questions?
Play it safe with ZERO