A tailor made plan to protect your families from the burden of outstanding loan repayment.
Features
- A benefit plan which offers financial protection in event of death, disability and critical illnesses
- Flexibility to choose plan options. Option of decreasing and level cover
- Flexibility to choose loan cover term subject to a maximum of 30 years
- Just pay one time with Single Premium Single Premium
- Coverage available on Single and Joint life basis
- A moratorium of 1 to 7 years wherein level cover is offered during the moratorium period
- Member can opt for coverage term lesser than loan tenures
- We offer to cover top-up loans through separate repayment schedule