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Covers your vehicle repayments if you are unable to earn an income due to death, retrenchment, serious illness or disability.
Get up to N$1,5 million in cover to settle your debt in case of death, disability or retrenchment
You also have the option to include additional cover for your vehicle instalments for 6 or 12 months in case of retrechment
Enjoy the peace of mind knowing you can keep your vehicle even if circumstances change
A simple and effective solution
We recommend that you consider this cover if you are currently paying off a vehicle that you or your family depend on, and want to make sure you can keep it should anything unexpected prevent you from making your repayments.
Ensure that your overdraft facility is settled in the event of your death, so your family won't be faced with the financial burden.
Full settlement of outstanding overdraft balances, up to N$500,000
An ideal safety net for your family. They won't have to worry about any outstanding debt
A simple claim process, with minimal admin for your dependents in their time of need
A simple and effective solution
If you have a linked overdraft facility on your Nedbank account, this credit life insurance option is a sure way to protect and ensure your family's financial stability shoukd you find yourself unable to settle your debt.
Life happens. Keep up with your loan repayments even if the unexpected comes to be.
Get up to N$500,000 for the settlement of an outstanding personal loan if you should pass away, become permanently disabled or critically ill
You also get cover for up to 6 months of your monthly instalments in the event of temporary disability
Includes an optional 6 or 12 month retrenchment cover to pay your monthly instalments. Ideal if you want to keep your main benefit in tact
A simple and effective solution
Protect your family from unnecessary financial burden in the event that you can no longer settle your debt. This cover will ensure that your loan is settled in full in the event of need.
Get cover for your credit
Contact NedNamibia Life Assurance for expert advise on your insurance needs or to find out more about our tailor-made brokering service.
Call nowYou can also email NewBusinessCreditLife@nedbank.com.na or ask us to call you back.
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