Infonavit protects the workers’ homes with this exclusive benefit

The Institute of the National Housing Fund for Workers (Infonavit) not only makes loans available to workers in the Mexican formal sector for the purchase of a home, but also has other services, such as insurance.

In this case, one of the insurances made available to workers in the Mexican formal sector by the Institute of the National Housing Fund for Workers (Infonavit) is damage due to accident.

With Accident Damage Insurance, Infonavit helps Mexican workers repair your home, whether it is a house or an apartment purchased with financing from the Institute, in case you suffer any damage caused by a sudden and unforeseen situationlike the following:

*Natural disaster: land displacement, landslide, fire, flood, hail, snowfall, hurricane, cyclone, earthquake, tornadoes or volcanic eruption.

*Accident: house fire, falling tree, falling objects from an airplane or explosion.

*Other types of unforeseen events included in the Infonavit damage insurance policy.

For its part, according to what is detailed on the Infonavit web portal, the requirements are the following:

*Have a mortgage loan with Infonavit.

*Be up to date with your mortgage loan payments.

*That no more than two years have passed since the incident that affected your home.

In this way, in the event that the home has been affected by an accident, the worker will have to Go to your local offices to report damage. In this way, with the notice of damages, the Institute will be able to generate the report to the insurer so that an adjuster can visit the home and carry out the assessment of the damages. Damage can be categorized into “partial loss” or “total loss.”

It should be noted, in this sense, that if the damage to the home occurred in the period from May 31, 2022 to March 31, 2025, the policy that applies to you is that of Aseguradora AGROASEMEX with that same period of validity and you have up to 2 years , from the time the accident occurred, to give notice of the damage.

Now, before requesting the Institute’s Loss Damage Insurance, the following points must be taken into account:

*Does not apply to Mejoravit credits.

*In Cofinavit loans it only applies to the part financed by Infonavit, in marital loans and Unamos credit it works under two schemes: if the loans are current, the principal is paid and if one of the loans is settled, the current mortgage is paid.

*Does not cover damage aggravated over time to the home due to lack of maintenance, gradual wear, poor soil compaction, gradual land movements, or damage resulting from the development of construction, or damage caused by any failure, deficiency or defect when planning, developing, settling, repairing, or remodeling, nor for the materials used in these processes.

*Excludes loss of cash, securities, negotiable documents (promissory notes, checks, stocks, financial bonds, among others), jewelry, precious stones and any other item of this type.

• The best Amazon promotions? Click on this link.