Max Life Group Credit Life Premier Plan
With ambition at our fingertips, it's no surprise that many of us turn to financial aid such as loans when pursuing dreams like owning a car or house. But, have you ever wondered what happens if an outstanding loan gets passed on to your family due to a tragedy?
For such situations, we offer Max Life Group Credit Life Premier Plan (UIN: 104N095V01), a group master policy for borrowers of banks/ financial institutions. In case of eventualities, Max Life pays the rest of the premiums so that your family doesn’t get the additional burden of paying off the loan liability besides undergoing emotional trauma. This plan helps lending institutions secure their assets and avoid loan defaults.
3 Reasons Why You Must Opt for Max Life Group Credit Life Premier Plan
- Ensures liabilities don’t get passed on to your loved ones in case of your unfortunate demise
- Saves banks/financial institutions from running into losses due to default payments in case of death of the policyholder
- An attractive low-cost protection to cover against loans during uncertainties