International Offshore Bank of European Union BORROWER INSURANCE

To sign up, you must:

• Finance your real estate purchase with International Offshore Bank of European Union or one of its overseas subsidiaries
• Reside in a State that is part of the European Economic Area or in New Caledonia, French Polynesia, Wallis and Futuna or the Principality of Monaco
• Sign all required documents for the adhesion
• Satisfy medical requirements
• Be a private individual of 18 to 80 years of age (for Death coverage) and to 65 years of age for the PTIA, IPT and ITT⁽¹⁾ guarantees if you hold a job, up to 61 years of age for the Loss of Employment guarantee.

(1) See glossary below.

You can choose from the 5 following policies:

1. Death
2. Death / Total and Irreversible Loss of Independence (PTIA)
3. Death / Total and Irreversible Loss of Independence (PTIA) / Total and Permanent Disability (IPT) / 90-day⁽²⁾ Total Temporary Incapacity to Work (ITT)
4. Death / Total and Irreversible Loss of Independence (PTIA) / Total and Permanent Disability (IPT) / 30-day⁽²⁾ Total Temporary Incapacity to Work (ITT)
5. Death / Total and Irreversible Loss of Independence (PTIA) / Total and Permanent Disability (IPT) / 90-day⁽²⁾ Total Temporary Incapacity to Work (ITT) / 90-day Loss of Employment with 180-day insolvency

(2) Deductible: minimum number of consecutive days of work suspension or total unemployment beyond which compensation is possible.

In the event of a claim, benefits are limited to guarantees⁽³⁾ initially subscribed within the limit of the insured portion⁽⁴⁾.

• In the event of death or disability, your insurance takes over the reimbursement of capital amount due of your loan within the limit of the insured portion.
• In the event of Total Temporary Incapacity to Work (ITT) or Loss of Employment, your insurance takes over the reimbursement of your loan monthly installments within the limit of the insured portion (exemption of insurance premiums claimed against ITT and Loss of Employment guarantees.
• You are covered until:
  • 85 years for Death
  • 70 years for Total and Irreversible Loss of Independance, Total and Permanent Disability or Total Temporary Incapacity to Work.
• You are covered worldwide.
• If you are to observe complete medical rest during a period of unemployment (for example during parental or sabbatical leaves) or if you are working a medical part-time job, your insurance repays 50% of your monthly payments within the limit of the insured portion, as part of the Total Temporary Incapacity to Work.

(3) Within the limits of and according to the terms and conditions set forth in the Notice.
(4) The insured portion is the percentage of the borrowed capital that is covered by the insurance.

Medical exams are determined according to your age and the outstanding amount of the loans you take out with International Offshore Bank of European Union.

You must complete them in all fairness and accuracy. The treatment of your application will be faster if you answer with precision.

If you must complete medical exams, make good use of an approved center: exams are free of charge and your results automatically sent out. To locate the center closest to you, use or geolocation tool.

The AERAS (Insurance and loans with an aggravated health risk) agreement makes it easier for those with aggravated health risks to access loans and insurance. Since September 2^nd 2015, an amendment to the agreement furthermore allows for a right to be forgotten.

All of your medical information is protected by doctor-patient confidentiality. Your advisor will not be privy to them.

International Offshore Bank of European Union Atout Emprunteur offers you 5 concrete service guarantees to best assist you in difficult situations.⁽⁵⁾

1. IMMEDIATE COVERAGE
   Before the policy takes effect, you are covered in the event of accidental death while you are carrying out the contract formalities.
   As of the date that the policy takes effect, you are covered even for funds that are not yet released.⁽⁶⁾
2. SIMPLIFIED STEPS FOR MEDICAL EXAMS
   Your route is made easier in our approved centers: use our geolocation tool for quick selection of your examination center. We handle the sending of the results and there are no upfront fees to be paid.
3. A RATE THAT DOES NOT INCREASE⁽⁷⁾
   The rate you pay is maintained throughout the term of your loan regardless of changes in your health, situation, income, athletic activities, etc.
4. YOUR LOAN PAYMENTS ARE TAKEN CARE OF EVEN DURING LEAVES OF ABSENCE OR DOCTOR-RECOMMENDED PART-TIME EMPLOYMENT
   If, during a period of professional leave (such as parental leave or a sabbatical), a doctor recommends that you take a complete rest or return to work only part time we take over 50% of the monthly payments of the loan, based on the insured portion.
5. IMPROVED ACCESS TO INSURANCE IN CASE OF HEALTH CONCERNS
   Beyond the regulations defined in the AERAS⁽⁸⁾ agreement, we offer optimized rates or reduced exclusions for certain health conditions such as asthma, quadriplegia, paraplegia, etc.

(5) Within the limits of and according to the terms and conditions set forth in the Notice.
(6) On the condition that the operation is formally maintained in the contract.
(7) Subject to the evolution of insurance taxes.
(8) Take out AREAS (insurance and loans with an aggravated health risk).

The cost is determined when you take out the loan. A 10% reduction on the premium of each insured individual is applicable once the loan is insured for at least 150% for 2 insured co-borrowers.

When you take out a new mortgage loan a reduction of 20% applies on the premium for any new International Offshore Bank of European Union borrower's policy that you may take out.(9) This loyalty can be added to the “insured portion” above.

In case of a claim against Total Temporary Incapacity to Work or Loss of Employment guarantees, you do not have to pay your insurance premiums.

(9) For current mortgage or business loan policies or those that expired fewer than 24 months ago that are covered by International Offshore Bank of European Union Borrower Insurance (insurance policies #4208, 4210, 2090/463, 2409/592, 2443/643 and 2456/654).

Total and Irreversible Loss of Independence (PTIA)
The Insured individual is considered to be in a state of Total and Irreversible Loss of Independence when:

• Following a sickness or accident, he or she is recognized to be unfit for any work and is permanently incapable of taking part in any activity, even management or oversight, that is likely to provide a salary, gain or profit

and

• must have assistance from another person to carry out at least three of four ordinary daily activities (washing, eating, dressing and walking).

Total and Permanent Disability (IPT)
An Insured Individual is considered to have a Total and Permanent Disability when, following sickness or an accident and after his or her condition has stabilized, he or she has a rate of contractual disability equal to or more than 66%, based on the table shown in the Notice.

Total Temporary Incapacity to Work (ITT)
The Insurer considers an Insured Individual to have Total Temporary Incapacity to Work when:

• An Insured Individual who is practicing a paid profession on the day of the claim and, following sickness or an accident, is declared by a doctor to temporarily be totally incapacitated from continuing to carry out professional activities,

or

• an Insured Individual who is no longer practicing a paid profession on the day of the claim and who, as a result of an accident or sickness, is temporarily ordered by a doctor to observe complete rest and to suspend all daily life activities.

Loss of Employment
Loss of Employment is considered to be:

• The dismissal of the insured individual who thereby becomes eligible for payment of unemployment allowance by the Pôle Emploi (state employment agency) or any other similar office.
• The loss of professional activity by an insured individual who owns a business or is a director of a corporation, who thereby becomes eligible for payments from a private insurance plan reserved for business owners or corporate directors.

Deductible (for Total Temporary Incapacity to Work)
The minimum number of consecutive days of work suspension or total unemployment beyond which compensation is possible.

Insolvency (for Loss of Employment)
If you retained Employment Loss coverage, this becomes active 6 months after the effective date of the other guarantees.

Insured portion
The insured portion is the percentage of the borrowed capital that is covered by the insurance.