Credit Protection
Protection for eligible loan, overdraft, and credit card balances.
Group Credit Life includes Credit Life, Debt Cancellation, Overdraft Credit Life, and Credit Card coverage from the BB Life product overview.
Coverage Overview
Products 1-4
Provides coverage on outstanding loan balances held by eligible borrowers. Benefits are payable to the policyholder, the financial institution, in the event of death, dismemberment, total and permanent disability, or diagnosis of a covered critical illness, as applicable.
Covers eligible loans, including personal loans and mortgages, by discharging the outstanding balance upon the borrower's death.
Provides coverage on outstanding overdraft balances held by eligible customers, with benefits payable to the financial institution in the event of death or permanent disability of the borrower.
Provides coverage for personal and business credit card holders under the group policy, offering life and critical illness protection benefits.
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Personal Protection
Financial protection for a fixed term of 10, 20, or 30 years.
Employee Benefits
Renewable life insurance protection for employees and their families.
Health Event Protection
A lump-sum benefit after diagnosis of a covered critical illness.
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