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This is a life insurance policy to help ensure that your outstanding debt repayments are covered when unforeseen events affect your ability to repay the loan fully to the lender.
What We Offer
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 principle 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.
Benefits at a glance
Total and Permanent Disability:
Credit Life Brochure