NAYA SAHANA

nayas

In case of death or disability, we pay the outstanding on your loan

This is a single premium payment policy, guaranteeing repayment of the loan in case of:
  • Death
  • Disability due to accident or sickness (policyholder)

It is a special collateral accepted by any bank or financial institution as it protects your loan. This policy protects members of your family to keep up with loan payments. Special rebates are available for non-smokers. Applying for the policy is as easy as 1,2,3. Visit our head office or the nearest branch office with the following:

  • Name of the Bank or Financial Institution
  • Amount of loan obtained
  • Period of the loan
  • Rate of interest
  • Age of the policyholder

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This policy provides the perfect protection both to the lender and the borrower and his family in the event of death or total and/or permanent disability during the loan repayment period. This is a Decreasing Term Assurance Policy, which is based on a single premium.This Policy could also be obtained as a joint cover insuring the lives of more than one borrower For Example husband and wife, business partners etc; The cost of the premium is available from any of our branch offices on submission of the

following information:
  • Name of lender
  • Loan amount
  • Term of repayment
  • Rate of interest
  • Proposer's age

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