The relief after repaying a debt is extraordinary, so when the unexpected happens we rightfully feel angered when we can’t repay it. That’s why we have designed a life insurance policy to help ensure that your debt repayments are covered when unforeseen events affect your ability to repay the loan fully to the lender.
Why get the Credit Life Assurance?
This is a group policy where all loans falling in this category will be automatically insured by Jubilee from the date of issue. In case of death, the principal loan balance on the original amortization schedule and the associated interest for the month of death will be payable. Any amounts in default including any penalties, service charges or extra interest are not payable.
Critical Illness Benefit
Total and permanent disability cover