Securing your home in event of the death of the breadwinner is precaution that could save families from financial distress. A mortgage protection cover solves this by guaranteeing your loved one's funds that they can use to help with mortgage payments in the event of your death.
Why get the Group Mortgage Protection Cover?
- Our mortgage protection policy also covers disablement of the borrower alongside the unfortunate event of their death.
- The sum insured per member, payable on death or disablement, will be the outstanding loan including interest associated with the mortgage agreement for which the borrower’s contract is affected.
Key Benefits
Flexible term to suit diverse loan duration
Support in burial expenditures
Guaranteed repayment of mortgage loan
Credit Life assurance and SACCO protection
Fixed premiums for policy duration