Credit Life Cover
Is designated to pay off the borrower’s outstanding loan balance in the event of their death or permanent disability. This coverage helps protect the borrower’s family or estate from financial burden by ensuring that the debt does not transfer to them if the borrower cannot repay it due to unforeseen circumstances.
Claims Process
Report Incident
Report incident to the police and notify your insurance broker immediately (i.e. within 24 hours)
1
Claim Submission
Submit Claim within 30 days of incident occurrence with all the necessary documents.
2
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