If I am granted a mortgage loan, do I need to take out a home insurance policy?

Mortgage market regulations require that the assets that represent the collateral for the mortgage must have appropriate insurance against damage.

For this reason, Bankinter requires customers to buy home insurance as one of the conditions of the mortgage.

Customers can buy this home insurance through our brokerage or through another insurance company, covering the value of the structure indicated in the mortgage appraisal and the clause assigning rights in favour of Bankinter.