If you are an employee, you will receive a salary payment of at least six weeks from your employer in the event of illness. Only then the health insurance companies jump in with the payment of sickness benefit. In some sectors, such as the state, part of the salary is paid by the employer for six months. Now pays for who is engaged in Civil service. But not everyone is lucky. The banks could face difficulties when it comes to taking out loans. Is it even possible to get a loan despite receiving sickness benefit?
The disease and its course
Ultimately, it depends on the disease and its recovery, whether the banks approve a loan despite sickness benefit. If you only have a broken leg, you can go back to work normally. Of course, if there is a more serious illness, the legitimate question arises as to whether the person concerned will be able to work again. In some cases, it has also happened that those affected have taken early retirement. The banks will therefore be interested in exactly what happens after the illness.
Better there are the civil servants and civil servants. They are also insured after leaving the service, so that banks have no problems lending a loan despite receiving sickness benefits. But let’s get back to the other employees. For the banks, it is a risk to grant a loan despite sickness benefit, because a continued employment is not always given. However, it depends on the length of affiliation in the company. If you are employed for 20 years or more in the same company, you will not be so easily dismissed when you have illness. The situation is different when the employment relationship is first in a year or the probationary period has just ended. Then problems could arise from the employer side.
Ultimately, the disease is really crucial in determining whether a loan is made. As I said, a broken leg is not a disaster, but in a serious illness, a loan commitment is increasingly unlikely.