Hardship clause for mortgages under bank law

My husband just died 2 weeks ago

Then I wish you my condolences.

I apologize again for the nature of the question

You don’t have to apologize for that. It is perfectly normal for questions like this to come up.

And that as a layperson you think that you can cancel the loan because you have taken out term life insurance to secure the loan amount, I can understand. This applies in particular if this life insurance was taken out on the advice and / or through the mediation of the bank.

Unfortunately, it’s not that simple.