
Need help?
Loan protection plan

Have a personal loan, overdraft, revolving credit plan or student loan? Insure your outstanding balance with a solid protection plan.
Some of the benefits
Full settlement
Settle your outstanding balance in the event of death, dread disease or permanent disability
Financial support
Leave your monthly instalments to us for up to 12 months if you’re retrenched
Reducing premiums
Pay less every month as your outstanding balance reduces
What’s covered
- Up to 12 months’ instalments if you’re retrenched
- Your outstanding balance is settled in full in the event of death, dread disease or permanent disability
Exclusions
- There’s a 6-month waiting period for retrenchment cover
- Cover for retrenchment, dread disease and permanent disability ends at age 65
- Death cover ends at age 75
- Suicide is excluded for the first 24 months of the policy
- Pre-existing medical conditions from the last 12 months aren’t covered for the first 12 months
What it costs
- R 4 monthly policy fee
- Premiums are calculated monthly on your outstanding balance
- Your premium decreases as the balance of what you owe decreases
- 40% discount applies to the rate for the younger person insured in joint life policies
How to claim
- Call us on 0860 123 555
- Or speak to us at your nearest branch
How to get it
- Speak to us at your nearest branch
- No medical exam is required
-
What’s covered
-
Exclusions
-
What it costs
-
How to claim
-
How to get it
- Up to 12 months’ instalments if you’re retrenched
- Your outstanding balance is settled in full in the event of death, dread disease or permanent disability
- There’s a 6-month waiting period for retrenchment cover
- Cover for retrenchment, dread disease and permanent disability ends at age 65
- Death cover ends at age 75
- Suicide is excluded for the first 24 months of the policy
- Pre-existing medical conditions from the last 12 months aren’t covered for the first 12 months
- R 4 monthly policy fee
- Premiums are calculated monthly on your outstanding balance
- Your premium decreases as the balance of what you owe decreases
- 40% discount applies to the rate for the younger person insured in joint life policies
- Call us on 0860 123 555
- Or speak to us at your nearest branch
- Speak to us at your nearest branch
- No medical exam is required
Learn more
We also offer