Consumer Credit Life Insurance

Consumer Credit Life

AXA Consumer Credit Life Insurance is a unique product that caters to lending associations including banks, microfinance institutions or any other organization that offers lending services to customers.

AXA protects your entity’s lending and helps you cut your risks by insuring the lives of your borrowers. We can tailor for you insurance covers to match your different lending products including personal, auto, staff, loans or credit cards.

 

 

Consumer Credit Life Insurance Key Features

  • Caters to lending associations: including banks, microfinance institutions or any other organizations that offer lending services to customers.
  • The policy is designed to insure the lives of the entities borrowers.
  • Different policies can be tailored to cover different lending products including personal, auto, staff, loans or credit cards.

Credit Life Insurance Key Benefits

  • Life Insurance: AXA will pay the agreed sum insured amount according to the terms and conditions of your plan in the event of death of a borrower whilst covered under your policy.
  • Total Or Partial Permanent Disability: AXA will pay the agreed sum insured in the event of total or partial permanent disability that befalls your customer whilst covered under your policy to allow them to fulfill their financial obligations towards your company. Our insurance also extends to include disabilities resulting from an accident.
  • Critical Illness: If the insured customer is diagnosed with one of the following critical illnesses AXA will pay the agreed insurance amount according to the terms and conditions of your plan.

Critical Illness includes:

  • Coronary Artery Surgery
  • Heart Attack
  • Kidney Failure
  • Major Organ Transplantation
  • Cerebrovascular Accident (Stroke)

Why Choose AXA Credit Life Insurance?

  • Protects you by providing insurance cover to your customers

  • Covers can include additional benefits upon your choice

  • Critical illness cover available for certain products