Here at Madison, we believe in teamwork and collaboration – which is why we’ve tailored products for your employees as a collective.
This policy seeks to protect the lender, borrower, dependents and guarantors from loan liability – as a result of death or disability before the full settlement of the advanced loan or mortgage.
This cover requires a minimum of 10 members
The policy covers death and total permanent disability, which would translate to inability to service the loan.
At additional premiums, the policy also caters to critical illness, last expense and retrenchment.
