Creditor Life Insurance
Can be used for the repayment of outstanding loan balances
Group creditor life insurance is a type of life insurance coverage that can be purchased by a creditor.
Policy Benefits
- Repayment of outstanding loan balances in the event of Insured Borrower death.
Other Life Products
Annunities
An investment account typically used for retirement savings or to generate regular income payments in retirement
Creditor Life
Group creditor life insurance is a type of life insurance coverage that can be purchased by a creditor. It was designed with you in mind.
Critical Illness
An insurance product in which the insurer is contracted to typically make a lump sum cash payment on a predetermined illness
Endowment
Specifically designed to provide cash when it is most needed. No need to wait until maturity to receive the sum assured.
Pension Plan
A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker’s future benefit
Term Life
The most affordable coverage because it offers protection for a specific number of years. Use it to Supplement a permanent policy.
Universal Life
A type of permanent life insurance designed to provide lifetime coverage. Universal life insurance policies are flexible
Whole Life
A form of permanent life insurance, whole life insurance features guaranteed premiums, death benefits, and cash value.