• Tel: +266 22313018 /52500404/5
  • Fax: +266 22310513

Credit Life Assurance

Business Insurance

Credit Life insurance, is a life insurance policy designed to pay off a borrower’s debt if that borrower dies, it is for unsecured loans whether at banks, micro lenders or other lenders. This benefit is provided for loan settlement in the event of death by the insured life and in some cases permanent disability, dread disease and a limited cover upon retrenchment.

The face value of a credit life policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value.

Contact us on +266 2231 3018 /5250 0404/5 to speak to one of our brokers

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