This is a life insurance policy designed to pay off a borrower's debt (mortgage, unsecured, credit card, motor vehicle) if that borrower dies, is disabled or has a critical illness.
The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value.
B
I
Z
S
U
R
E
- +254 770 890 000/+254 721 766749
- info@bizsure.co.ke
- Ciata City Mall, Ridgeways, Block A, 2nd Floor
Credit Life Insurance
//Transparent, Simple, Friendly.
Credit Life Insurance
The cover includes the following add on options:
- Retrenchment benefit – covers up to 6 months of your monthly loan repayments
- Joint life benefit – benefit includes spouse
- Funeral benefit – cover for the burial costs