Credit Life Insurance
When will your instalments or outstanding debt be covered?
Your repayments are covered for up to 12 months if you lose your job.
Your repayments are covered for up to 12 months if your work hours are reduced.
Your repayments are covered for up to 12 months if you are forced to take leave without pay.
Your repayments are covered for up to 12 months if you are disabled temporarily and can’t work.
Your outstanding debt is settled in full if you are permanently disabled and can’t return to work.
Your outstanding debt is settled in full should you die.
Submit your claim.
Not covered
Those who are self-employed or pensioners are only covered for death and disability on Loan and Credit Card debt. Any Credit Card transactions made after the date of an insurable event are not covered.
Retrenchment, short time and compulsory unpaid leave are not covered for the first 90 days after your Policy has been opened, or in cases where:
- You were aware of your retrenchment before you opened the Policy
- You take voluntary retrenchment
- You resign or retire
- You are involved in strikes or lock-outs
- You voluntarily forfeit your salary
- You are dismissed because of misconduct, dishonesty or fraud
We don’t cover death or disability resulting from:
- Pre-existing medical conditions that you knew about 12 months before you opened your Policy
- Willful, self-inflicted injury or suicide
- Use of nuclear, biological or chemical weapons
- Participation in crime
- Hazardous activities like warlike operations, rebellion or revolution
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New Marketing flyer
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Panel combo flyer
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Information sheet Afrikaans
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Information sheet English
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Information sheet Sotho
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Information sheet Zulu
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Income Expense Declaration
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Insurance Complaint Form
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Insurance Claim Form
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Claims Management Framework
Terms and Conditions
Credit Life insurance is underwritten by Guardrisk Life Limited.What our customers are saying
