Absa Life Bancassurance
Protect various lending products and bank accounts from the impact of death and permanent disability
Absa Life Botswana provides credit life insurance and embedded funeral cover to protect various lending products and bank accounts from the impact of death and permanent disability. The following key areas of cover are provided:
A debt protection cover for credit products (Personal Loans, Vehicle Loans, Mortgage Loans, Credit Cards and Business Loans) protecting customers in the unfortunate event of death or disability, by settling the outstanding balances of the loans.
A cover provided to help customers to cover the costs of funeral in case of death of the bank accountholder.