Life Assurance

Life Assurance products are designed foremost to protect you and your loved ones against the uncertainties that may lie ahead, such as accident and death. In addition to this, some products can be regarded as a means of savings for you and your family in your old days.This is done by appropriately organizing contributions to a common fund, and making payments from that fund.

Mortgage Protection

The Mortgage Policy is generally taken out by the borrower as an instrument to secure the payment of the outstanding loan amount to the lending institution at the time of death or Total and Permanent Disability (TPD) of the borrower during the term of the policy.

Premium quotation for Mortgage Redemption Policy will vary depending on the rate of interest involved in the loan transaction and the term of the loan.

  • Minimum age of entry: 18 years
  • Maximum age at entry: 58 years
  • Maximum age of maturity: 63 years
  • Medical Examination: Compulsory

Credit Life

This Policy is taken as a guarantee that the insurance company will pay off an outstanding loan with your bank in case of death or total permanent disability.

Terms & Conditions
Maximum Loan Amount: SCR150,000
Maximum Age: 60 years for a 3-year loan and 58 years for a 5-year loan
Fixed Premium Rate: 2% of the loan amount. The one-off premium is non-refundable.
Exclusion: Loans for medical trips or payment of medical services will not be considered.

No medical exam required but the client has to confirm that he/she is in good health.

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Information! Single non-refundable premium paid.

Contact us for a quote