Is insurance part of your financial plan? It should be. Credit Protection Insurance is the difference between having to pay for losses from your own pocket, and having your financial security protected.
What is Credit Protection Insurance ?
If you have a credit card, overdraft facility, mortgage or any other loan, Credit Protection Insurance is a good plan for you. It is designed to cover any existing indebtedness in full in event of death, critical illness or serious injury resulting from an accident. This means you or your next of kin can eliminate or manage your debts more easily during a physically and emotionally demanding time. It also ensures that you, your family or guarantors need not worry about the burden of debt in the midst of difficulty.
Total Permanent Disability
(Occupational) – Total Permanent Disability means either total paralysis or total and irretrievable loss of vision in both eyes, or loss of use of either:
Credit Card Security Insurance
Cost of Credit Card Security Insurance: