An optional safety net to protect your family against the unexpected..
‘Borrowers Shield’ provides security against ‘Involuntary Unemployment’, ‘Disability’ and ‘Death’. Why burden your family’s finances with loan expenses if you were to lose your income. This type of insurance can cancel your loan balance or payments up to the contract limits.
|In the event of...||Death||Disability||Involuntary Unemployment|
|What happens…||Protected borrower passes away||A covered disability occurs due to injury or illness||A covered job loss occurs|
|It cancels this up to the contract max.||Your payments or loan balance||You loan Payments||Your loan payments|
|You may be eligible if you||Have an eligible loan||Are a permanent employee who is actively working||Are a permanent employee who is actively working|