POS Loan Insurance
„I would not like to be worried that the obligation of repayment of the POS loan will charge my family in case I pass away, or if I become unable to work.“
Being insured provides the financial security to you and your loved ones in case of occurrence any unforeseen situation and illness that can make impossible the repayment of the monthly installments of the loan.
The accession to POS Loan Insurance is very easy as no medical formalities are needed.
Risks covered:
- – Death
- – Permanent Total Disability to Work
- – And additionally, depending on source of income:
- Involuntary Loss of Employment
- Temporary Total Disability
- Critical Illness
Benefits in case of insurance event:
In case of death or Permanent Total Disability to Work, we will pay to the beneficiary 100% of the outstanding loan amount at the occurrence date plus interest due.
In case of Involuntary Loss of Employment, Temporary Total Disability or Critical Illness, we will pay 100% of the loan’s monthly installments up to 18, 6 and 10 months respectively.
