Credit Life Assurance

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

Jubilee Insurance

Death. The Full amount of the outstanding principal loan will be payable to the financier in the event of death of a borrower.

Jubilee Insurance

Total and Permanent disability. In the event of total and permanent disability the full amount outstanding under the credit arrangement is paid.

Jubilee Insurance

Funeral expense cover Upon death of a borrower, an agreed amount will be paid to the beneficiary of the borrower.

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