MORTAGE PROTECTION
About Mortgage Protection
The product
Are you on the brink of becoming a homeowner and establishing a lasting legacy that provides unwavering stability for your family for generations to come?
Do not hesitate to safeguard your mortgage with our mortgage protection plan. This plan guarantees that in the event of your passing, and if circumstances prevent you from meeting mortgage payments, your property’s financial obligations will be covered. This protective shield ensures your loved ones’ peace of mind, offering reassurance even in your absence.
Would you like to purchase this plan?
- Helps to repay all loans outstanding at the point of death of the mortgagor.
- Helps in the realization of government goals and objectives as it relates to home ownership.
Government advantage
You get your full sum assured or your assured sum is payable on death reducing your outstanding loan.
No survival benefit is paid under this plan
Individual advantage
It boost your chances of securing the mortgage facility. You have the assurance that your dependants will have nothing to worry about should death occur.
Family members advantage
It alleviates the sufferings associated with properties being taken over due to the failure to finance mortgage arising from the demise of the mortgagor.