What we do not do
- No credit advice
- No brokerage
- A referral instead
Finance: we refer you on
We provide insurance. We do not provide finance and do not broker it. What we do here is explain what to look out for, so that you compare on the price of the credit and not on the monthly payment.
- several insurers compared objectively
- 9.5 customer rating for a new policy
- AFM licence 12016589
- Personal 072 - 509 24 56, weekdays 9–17
This page in another language: Nederlands
- We compare the offerings of several insurers
- An adviser checks whether the cover suits your situation
- We arrange the switch, including cancellation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
- Independent advice
- Several insurers
- Switching arranged
- Help with claims
In brief
Please note: borrowing money costs money. Every form of finance costs interest and charges. Together these make up the annual percentage rate (APR), and that percentage makes offers comparable with one another. The monthly payment does not: it becomes lower the longer the term, while in total you pay more.
Finass Verzekert advises on and arranges non-life insurance, under AFM licence 12016589. Consumer and mortgage credit fall under other licence categories. For those we refer you to providers that do hold the licence. That firm carries out the assessment and the advice independently.
Every licensed provider consults the BKR for credit from € 250 with a term longer than one month, and assesses whether the payments fit your income and fixed outgoings. Providers claiming it can be done without that check generally do not hold the licence.
Insurance never stands alone
A mortgage, loan or investment often touches your insurance too. We look at the bigger picture and point you to the right specialist whenever something falls outside insurance itself.
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OverviewPhoto coming soon
AdvicePhoto coming soon
Who does what with finance?
How the roles are divided between us and the party providing the credit.
What to look out for
The three things that make the difference.
- Compare on APR
- Look at the total price
- Pay attention to the term
What we do provide
What you can come to us for.
- Home and traffic
- Liability
- Business and property
What is covered
| Situation | At Finass Verzekert | With the licensed provider |
|---|---|---|
| Advice on the type of credit, the term and the fixed-rate period | No | Yes |
| Income assessment and BKR check | No | Yes |
| Statutory credit information | No | Yes |
| Insuring what you buy with the finance | Yes | No |
| A policy the lender requires as a condition | Yes | No |
| Business insurance and property policies | Yes | No |
This overview is general in nature and is not personal advice. It only sets out who carries out which task.
What to look out for when comparing
- Annual percentage rate: the only figure that lets you compare offers fairly
- Total cost of credit: what you repay over the whole term above what you borrowed
- Term: shorter means a higher payment and almost always a lower total price
- Penalty-free repayment: ask in advance exactly what early repayment or redemption costs
- BKR check and affordability: the check prevents over-borrowing and protects you too
- The provider's AFM licence: no licence means no statutory protection and no Kifid
This overview is general in nature and is not personal advice.
How it works
- You will read what to look out forThe APR, the total cost of credit and the term together determine the price of your finance.
- You choose a licensed partyCheck the name and number in the AFM public register before you sign.
- That firm assesses and advisesIt assesses what you can afford, consults the BKR and provides the statutory credit information.
- We arrange the insuranceFor the policy the lender requires and for your other risks, you can come to us.
Why arrange it through Finass Verzekert?
We look at the terms as well as the premium, and stay your point of contact when there is a claim.
Independent
We are not tied to one insurer and compare on the basis of an objective analysis of several companies.
One fixed adviser
You call or email someone who knows your file. No menu options, no changing call centres.
Switching without hassle
We cancel your old policy and align the start date, so you are never a day without cover.
Help with claims
We report the claim and monitor how it is handled. In urgent cases you can reach us on the emergency line.
9.5New policy
9.8Claims handling
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Where things go wrong in practice
Four points that make the difference between affordable finance and expensive finance.
The monthly payment is not a price
A lower monthly payment almost always means a longer term and therefore more interest in total. The annual percentage rate converts interest and charges into a single figure per year and makes offers comparable. Also ask for the total cost of credit: the amount you have paid at the end over and above what you borrowed.
Buying room with interest-only credit costs money later
With credit on which you pay interest only or draw down repeatedly, the debt remains. The monthly payment looks low, but a moment comes when the whole principal has to be repaid. So always look at the repayment schedule and at the question when the debt reaches zero.
Borrowing without an assessment does not exist here
Providers with a Dutch licence are required to consult the BKR (the Dutch credit register) for credit from € 250 with a term longer than one month. Anyone advertising credit without a check is generally operating without a licence or from abroad. You then have no right to the statutory credit information and no access to Kifid.
Finance often brings an insurance requirement with it
If you finance a car, a home or a business asset, the lender usually imposes requirements on the insurance: own-damage cover on the vehicle or a buildings policy with the bank as beneficiary. That part we do handle. Declare the actual use in doing so. The duty of disclosure of 7:928 DCC applies in full.
Frequently asked questions
This is what people ask us most.
Does Finass Verzekert provide or broker finance?
No. We advise and act as brokers on general insurance only, under AFM licence 12016589. Credit and mortgages fall under other licence categories. For those products we refer you to providers registered for them. They carry out the assessment and the advice independently and are responsible for it themselves.
What exactly is the annual percentage rate?
All the costs of the credit, expressed as a percentage per year: interest plus any additional charges. Because every licensed provider calculates it in the same way, you can use it to compare offers. The monthly payment can mislead, because it falls as soon as the term is stretched while the total price rises.
Why is my application checked against the BKR?
To prevent over-borrowing. Licence holders must consult the BKR for credit from 250 euros with a term longer than one month, and also assess whether the payments fit your income and fixed outgoings. If you are refused, that says something about affordability; carrying on looking for a provider that will say yes is usually the most expensive route.
Do I have to take out insurance with finance?
The lender often imposes requirements: own-damage cover on a financed vehicle or buildings insurance on a home or premises, with the bank as beneficiary. Payment protection is sometimes offered. That is usually not compulsory. Compare its cost with any income or life cover you already have.
What if I can no longer afford the payments?
Contact the credit provider straight away. It is obliged to consider a payment arrangement with you and reports arrears to the BKR. Do not wait until debt collection follows, because the costs then mount. You can find independent help through your local authority or a debt counsellor. There is no charge for that.
Every situation is different. For these situations we have a separate page.
- Personal loan: we refer you onPlease note: borrowing money costs money, Fixed interest, BKR check
- Consumer credit: we refer you onPlease note: borrowing money costs money, APR, BKR check
- Refinancing a loan: we refer you onPlease note: borrowing money costs money, APR, Outstanding balance and term
- Borrowing money without a BKR (the Dutch credit register) check: a warningPlease note: borrowing money costs money, The BKR check is compulsory, Not an offer
- Revolving credit: we refer you onPlease note: borrowing money costs money, Variable interest, BKR check
- A loan as a self-employed professional (zzp'er): we refer you onPlease note: borrowing money costs money, Private and business, BKR check
- Financial matters: what we do and do not doGeneral insurance, No credit or investment advice, AFM 12016589
- Business credit: we refer you onPlease note: borrowing money costs money, Security, Total cost of credit
- Borrowing money quickly without a BKR (the Dutch credit register) checkPlease note! Borrowing money costs money, BKR check, warning
Read more
Everything on this topic
Similar pages
Your insurance with us after all?
We compare several insurers on premium and conditions and, if you wish, arrange the switch.
Prefer to call? 072 - 509 24 56, weekdays 09:00–17:00.
Claim on the road? Emergency line 06 - 55 20 40 72.
About our service
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
This page was compiled by Finass Verzekert (LinkedIn). Last updated on .
The information on this page is general in nature and is not personal advice.