The borrower’s plan is ideal for securing your loan from the financial institution of your choice, with the lowest premium in the market. The individual insurance policy covers Loss of Life from any cause and Permanent Total Disability due to an accident. In addition to annual or semi-annual payment options, the frequency of payment will also include quarterly and monthly options, which will be available for premium payments only through SEPA.
Coverage Details:
Coverage for Loss of Life from any cause.
Coverage for Permanent Total Disability for Work, due to Accident only.
This plan is also offered for the purpose of claiming a tax deduction.
Indicative Premium:
