This is a new step forward for former cancer or hepatitis C patients. The right to be forgotten will be reduced from June 1, following the publication of the Lemoine law of February 28, 2022, ” for fairer, simpler and more transparent access to the borrower insurance market”. Thus, they will no longer have the obligation to declare their pathology in the health questionnaire for a mortgage application if they have completed their therapeutic protocol for at least five years.
Before this date, the deadlines were different. The right to be forgotten applied 10 years after the end of treatment for cancers diagnosed after the age of 21. The five-year deadline only applied to people whose cancer was detected before the age of 21.
Borrower insurance without additional premiums
Concretely, during the health questionnaire to be completed to obtain borrower insurance, to the question “Have you undergone chemotherapy treatment in the last five years?”, former patients can answer “no”. In this way, they will be able to benefit from borrower insurance under the same conditions as the others, without an increase. This will in fact reduce the overall cost of their borrowing.
“It was not impossible to borrow before. But this could lead to substantial insurance premiums, ”notes Maël Bernier, spokesperson for the mortgage broker Meilleurtaux.com. Indeed, depending on the type of cancer, an insurance increase of up to 200% may be applied by the insurers’ medical advisors.
“If you are in remission and it will soon reach five years, it is worth waiting until June 1 before signing your loan offer… Even if credit rates go up, the savings can be significant”, advises Mael Bernier.
Renegotiate on September 1 for borrowers who already have a loan
“Former patients who have already taken out their home loan and who would now fall within the scope of the new Lemoine law will be able to renegotiate their borrower insurance from September 1”, indicates Maël Bernier. Date on which it will be possible to terminate your borrower insurance during the loan, at any time.
This new law extends the provisions of previous laws. Indeed, several measures have been passed since 2001 to allow former cancer patients to borrow, first with the Belorgey law, then with the Aeras Convention (“insure and borrow with an aggravated health risk”) who replaced her in 2007.