The insurance covers risks, related to Consumer Loan borrowers
Individuals, over 18 years old, using consumer loans with UBB
|Sum Insured|| |
Upon occurrence of “Death due to accident” or “Disability of over 75% due to accident” insured events, the amount to be paid will equal 200% of the outstanding loan principal as per the Loan Agreement
Upon occurrence of “Death due to illness” or “Disability of over 75% due to illness”, the sum to be paid will be the outstanding loan principal as per the Loan Agreement
Upon occurrence of “Temporary disability due to accident or illness”, up to 12 monthly installments (principal and interest as per the Loan agreement) will be repaid for one event
|Insurance tenor||Equal to the loan agreement tenor|
|Payment of insurance premium||Monthly installments, collected automatically from your UBB account|
Your dream home can now be yours with our promotional terms under.
Provides you with funds that you may use to realize your desired projects, under favourable conditions.