LOAN COVER

Institutions and other registered groups face risk when giving away cash in the form of credit (loan). They may never get back their money because of uncontrollable circumstances e.g. death of the borrower

 

Therefore, registered groups; SACCO’s, Chamaa’s, and other credit facilities need the Loan Cover

 

LOAN COVER
 Benefits;

Loan balance of member is cleared at death of the member

Loan Balance Cleared on confirmed Total Permanent Disability of member

Last Expense/Death Expense Benefit for each member


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