The death of a loved one, whether it is expected or not, can be a traumatic time for families.

Death results in emotional stress which is compounded by the financial stress due to the ever increasing cost’s A Finbond Credit Life policy alleviates the financial burden and pays the full outstanding loan amount in the event of death.

This Finbond Credit Life Product policy is linked to a micro finance product and provides decreasing cover to pay the outstanding balance of the loan (balance of indebtedness), in the event of the death the client.