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Credit Care

Ensure your employees’ and their families are financially secure in the event of loss of life or disability.
About Credit care

Credit Care ensures that loans are taken care of if a micro borrower loses life or becomes disabled.

It covers the Life of Insured Borrower. Credit Care pays to Financial Institution the Loan amount if Insured Borrower dies (or suffers from Permanent Total Disability) before the payment of Loan amount.

  • Eligible Age (of borrower): 18 to 59 Years
  • Insurance term: as per term of loan
  • Premium mode: Annually

 First policy issue date: 03/07/2010