Employer Sponsored Life Assurance - Credit Life Assurance
This is a policy that provides for the payment of an outstanding loan in the event of the occurrence of the death of the policy holder. This insurance plan provides cover for the payment of an outstanding loan on consumer durable goods like; household items, electronics etc.
| Benefits | It serves the purpose of protecting policyholders’ dependents from the financial consequences of the inability to repay the loan outstanding as a result of the death or critical illness of their breadwinner. |
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| -- | It protects the dependents’ from the anger of financial institution in case of default thereby restricting the financial institution from assets |
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Prudential Life Assurance Zambia
Group plans
Lusaka
With the policy owner being an employer or organisation, this is a single contract that covers a group of employees. Providing life insurance cover to employees lets them know that they are a valuable part of a company – and so are their families. Prudential Life Zambia offers employer sponsored life plans and credit life assurance.
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Prudential Life Assurance Zambia
Business life insurance
Lusaka
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