Real Loan Protection Insurance
Life Insurance associated with Consumer Credit
Ensure the loan is repaid, even in difficult times
Real Loan Protection Insurance is a life insurance policy linked to a loan that guarantees payment of the outstanding capital in the event of death or disability due to accident or illness. In this way, it protects the repayment of the loan and can also provide additional financial support for your family.
Who is it for?
The Real Loan Protection Insurance is intended for people with consumer credit who wish to protect their financial stability and ensure they can meet their commitments in the event of the unexpected.
Benefits of Real Loan Protection Insurance
Extended cover
Protection up to age 85 in the event of death and Total and Permanent Disability (TPD/ADLs), and up to age 67 for general Total and Permanent Disability (TPD) covers.
Loan Balance Repayment
In the event of death or absolute and permanent disability (optional total and permanent disability cover), your debt is fully settled.
Extended protection
Payment of additional capital in the event of accidental death. Where there are dependent minor children, the additional capital under the Accidental Death cover is doubled.
Extended cover
Protection up to age 85 in the event of death and Total and Permanent Disability (TPD/ADLs), and up to age 67 for general Total and Permanent Disability (TPD) covers.
Loan Balance Repayment
In the event of death or absolute and permanent disability (optional total and permanent disability cover), your debt is fully settled.
Extended protection
Payment of additional capital in the event of accidental death. Where there are dependent minor children, the additional capital under the Accidental Death cover is doubled.
What’s covered
Real Loan Protection Insurance
DeathYes
Total and Permanent Disability (ADLs)Yes
Total and Permanent Disability (60% Work Disability)Optional
Accidental Death Cover*Offer
Dependent Minor Children**Offer
* Additional Capital
** Doubling of the capital of the Accidental Death cover
This information does not dispense with reading the legally required pre-contractual and contractual documents.