Credit Life

Your immediate family’s ability to pay its debts would be affected if you passed away. In such cases, a Consumer Credit Life Insurance policy can be useful to settle the loan debt that we incur in with some frequency to obtain those articles we need in our daily life.

We cover

It will pay the lender the monthly benefit subject to the terms described.

Having an agreement that can be enforced legally by the creditor.

The Consumer Credit Life policy provides for payment of the balance secured in case of the death of the debtor.

Coverage Disability Insurance

Coverage terms:

    a. Age Eligibility : 18-60 years
    b. Maximum Coverage Term : 84 months
    c. Maximum monthly benefit : $ 500.00

Coverage Eligibility:

a. Be working for wages at least 30 hours per week for 12 months following the effective date of the Certificate.
b. Having an agreement with the creditor that is legally enforceable.
c. Be actively employed 90 days before the effective date of the policy, subject to the payment of wages or benefits.

Additional Coverage:

Optional Benefits due to Credit Disability and Credit Involuntary Unemployment.