Loan Protection

Applying for a loan can be an helpful method to enable you to accomplish your own objectives sooner than planned , however there are dangers. On the off chance that you lose your activity or can’t work on account of injury or illness, you will most likely be unable to make your monthly repayments . On the off chance that passing happened out of the blue or you turn out to be for all time handicapped, you will leave your family with the weight of paying off your advance.

Product Features

  • O/S loan amount is payable to the financial institution at a death or TPD of borrower

Rider Cover

  • Total and Permanent Disability Cover
  • Customer can select one of the below cover options;
  • Only Death Cover
  • Death Cover + TPD (Due to Accident)
  • Death Cover + TPD (Due to Accident & Sickness)
  • PPT 1 to 30
  • Policy Term 1 to 30
  • Entry Age 18 to 69
  • Min. Premium Subject to SA
  • Min. Sum Assured 5000

Applying for a loan can be an helpful method to enable you to accomplish your own objectives sooner than planned , however there are dangers. On the off chance that you lose your activity or can’t work on account of injury or illness, you will most likely be unable to make your monthly repayments . On the off chance that passing happened out of the blue or you turn out to be for all time handicapped, you will leave your family with the weight of paying off your advance.

Product Features

  • O/S loan amount is payable to the financial institution at a death or TPD of borrower

Rider Cover

  • Total and Permanent Disability Cover. Suitable for less amounted loans. Max loan amount should be 2 million
  • PPT 1 to 30
  • Policy Term 1 to 30
  • Entry Age 18 to 69
  • Min. Premium 250
  • Min. Sum Assured 5000