This product is offered to banks and micro finance lending institutions to cover loans taken by borrowers in the event of death. This product pays on death of a borrower the outstanding loan amount at the time of his/her death.

The benefits are paid to the lending institutions who utilize them to recover the outstanding loan at the time of death of the borrower. The product can be extended to include bereavement assistance, disability and / or retrenchment and can also be tailor made to suit specific needs of clients.