Do you have Credit Life Assurance

from SA LIfe

Do you know that Credit Life

Provides security as an additional collateral forBorrowed Funds from Financial Institutions such as Banks. The cover is on the Life of the borrower or in case of corporate bodies, it is instituted on key personnel amongst the Board of Directors.


In the event of death of the insured personality, the Assurer effects settlement of the Sum Assured as originally agreed


Sounds Interesting Right

Here are more great features of Credit Life


  1. Provides security as additional collateral for Borrowed Funds from Financial Institutions.
  2. The cover is on the Life of the borrower or corporate key personnel bodies
  3. Guarantees payment of the loan in the event of death of the Life Assured.
  4. Provide security to the family of the policyholder
  5. Premium payment is very negligible
  6. Tax Deductible.
  7. Subject to medical examination