Life insurance covers outstanding debt in the event of the death or disability of the policyholder, releasing heirs or co-debtors from this obligation. It is mandatory for most personal, mortgage, and vehicle loans. It provides financial support to lending institutions and emotional protection to families. This insurance prevents family assets from being affected by unpaid obligations in difficult times.
Benefits
- Cancels outstanding loan balances in the event of death or disability.
- Financial peace of mind for the family or business.
- Mandatory requirement in many credits.
- Available individually or collectively.
We work with all insurance companies