Life Saving & Loan Protection Insurance (LSLP)
loan protection insurance
At the Credit Union, a loan(s) up to $2,000,000 is insured fully.The debt dies with the debtor. With the loan amount insured, outstanding balances up to the insured amount are paid if you die or become permanently disabled.
* Other conditions apply!
At absolutely no cost to you, your Life Savings and Loans are protected.
Life Saving Insurance
As an added benefit to you, we also top up the legacy you leave your loved ones upon your death, therby increasing your saving in the Credit Union.
The more you save, the more insurance you have. Upon death, your beneficiary will recieve the amounts saved in the Credit Union in addition to the insurance benefit of that amount up to $150,000.