Max Life Group Credit Life Premier Plan
Dreams and aspirations come as a part and parcel of every individual. Financial aid through loans help us realize these dreams be it about buying a lavish car, a house of our own or studying abroad. But, ever thought what will happen if the outstanding loan gets passed onto our family in case of any eventualities?
For such situations, we offer Max Life Group Credit Life Premier Plan, a group master policy for borrowers of banks/ financial institution. 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 to secure their assets and avoid loan defaults.
3 reasons why you must opt for this plan
- Ensures liabilities don’t get passed on to your loved ones in case of your unfortunate demise
- Saves banks/financial institution from running into losses due to default payments in case of death of the policyholder
- An attractive low cost protection to cover against loan during uncertainties