Right to be forgot

The right to be forgot for outstanding balance insurance make this insurance more accessible to cancer patient. Read all about it here. Calculate your outstanding balance insurance.

Also read: oblio immagini

What is the right to be forgot?

The right to be forgot is a term that refers to your outstanding balance insurance. You take out outstanding balance insurance to guarantee that your mortgage loan will be paid off. 

When people talk about the right to be forgot, they usually refer to serious, chronic illness or illness with a risk of recurrence, such as cancer . Ten years after successful cancer treatment, your insurer can no longer take into account that you have ever had the disease.

Right To Be Forgot

In the past, before the right to be forgot was invoke, it was often difficult for cancer patient to find affordable outstanding balance insurance. The insurer saw the recurrence of cancer as an increased risk, which meant that the premiums were a lot higher.

The right to be forgot eliminate that problem. After successful treatment and a few years without health problems, you can take out outstanding balance insurance without any problems.

How long before I have the right to be forgot?

The general (maximum) term is 10 years. Specific cases of cancer, there are often shorter periods. For example, for various thyroid cancer you can already invoke the right to be forgot after 3 year.

Various forms of leukemia, the term is 5 years. You can check via the government website which term applies to which conditions. Your insurer can of course also help you further.

Is the right to be forgot only for cancer patient?

No, other chronic illnesses are also cover by this right. For example, you can also invoke the right to be forgot with hepatitis C, infection by the HIV virus or cystic fibrosis under certain condition.

What if I had taken out outstanding balance insurance before February 2020?

The right to be forgot only apply to newer outstanding balance insurance, which have been take out from 1 February. If you had taken out outstanding balance insurance before that, you will not be able to enjoy a cheaper premium.

It may therefore be a good idea to review your outstanding balance insurance and take out a new one. Via Verzekeringen.be you can calculate a quote for your outstanding balance insurance in just a few clicks.

Also read: sharenting