Debtor Balance Group Life

This insurance is granted to Financial Institutions to cover debt balances in case of the death of a client with a financial obligation, i.e. bank loan, credit card, or line of credit. The insured sum decreases as the principal of the loan is amortized.

Basic coverage

  • Death from any cause

Optional Coverage Addendums

  • Accidental Death and Dismemberment
  • Accident Medical Expenses
  • Cancer Benefit
  • Daily Income for Hospitalization due to Accident or Illness
  • Total and Permanent Disability Income Coverage
  • Funeral Expenses

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