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MORTGAGE PROTECTION PLAN
The Banks normally require a mortgagee to take up this policy. It covers the possible death and disability of the client while paying off a mortgage loan. Thus, in the untimely death of the client, ProvidentLife Assurance Company will pay the outstanding amount left on the loan thereby allowing the person’s family to own the house. .
Benefits Mortgage Protection Plan
It will provide the bereaved family peace of mind in the sense that they will not lose their house as a result of the unexpected financial burden generated by the client’s death. |
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