Credit Life Insurance

Credit customers who are self employed or on pension will be covered for:

• Death We settle your outstanding credit balance so that your family will not be burdened with your debt. • Temporary Disability: We cover your credit repayment while you are disabled and unable to work or earn an income for up to 12 months. • Permanent Disability: We settle your outstanding credit balance.

Make sure that you will be covered by keeping your credit repayments up to date so that your credit life policy will be active when you may need to claim.

*Waiting periods and exclusions apply

Retrenchment or Compulsory Unpaid Leave or Lay-off or Short Time are not covered for:

• 90 day waiting period
• Dismissals / misconduct
• Suspensions
• Participation in unprotected strikes
• Employment contracts ended
• Voluntary retrenchment
• Voluntary retirement
• Resignation
• You were aware of retrenchment before taking out the credit life policy

Death or Disability are not covered for:

• Pre-existing medical conditions 12 months before commencement of credit life policy
• Participation in crime
• Wilful self-inflicted injury or suicide / alcohol abuse / drugs or narcotics
• Participation in hazardous activities