Protect your family now!!
The new Bancassurance Scheme Credit Life Assurance ,designed in cooperation with USB BANK PLC and Liberty Life, offers credit insurance facility to the client by the bank. The plan shall ensure the payment obligations of the customer of the bank in cases where death occured or permanent total disability, thus protecting the family and the guarantors.
The Plan covers:
Personal/Home/Student Loans, Business Loans, Limits of Current accounts, Credit Cards limits.
- Law premium compared to the average term insurance premiums
- Customer friendly and flexible plan because the premiums are adjusted based on the customer's age and credit obligations
- Medical examinations are not required but a simple statement of good health
- The plan is offered directly from the Bank's Branches and Credit Services
- Simple and easy insuring process
- Insurance Certificate is delivered immediately
- It offers protection to your guarantors and family
- Customers of the Bank, new and existing, aged 18 to 64 years, who granted credit facilities covered by the plan, can participate in the plan.