Business Insurance

Group Credit Life Insurance

An insurance policy designed specifically to repay mortgage debt in the event of the death or disability of the borrower.

What risks are covered?

  • Death due to any cause – covers unfortunate death due to illness, sickness, disease, natural causes or by accident.
  • Permanent Total Disability – covers total & permanant disability due to accident or sickness which renders insured disabled to such an extent that he / she is unable to perform any occupation for which he / she is suited by education, training or experience.
  • Permanent Partial Disability – as per scale.
  • Passive War.

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