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Overdraft Credit Life Insurance
In the event that certain eventualities may occur, you would want to ensure that your overdraft facility is settled so your family won't be faced with this financial burden.
With our Overdraft Credit Life Insurance your outstanding overdraft balance will be settled in full upon your death. This benefit gives your family and loved ones the security of knowing that they will not need to settle the outstanding debt.
Benefits
- If you pass away, your outstanding overdraft balance up to a maximum of N$ 500 000 will be settled in full.
With Nedbank’s Overdraft Credit Life Insurance, you'll have a financial safety net when you really need it most.
Is Overdraft Credit Life Insurance right for me?
To assess whether this product is right for you and the needs of your family, ask yourself the following simple questions.
- I am a Nedbank accountholder to which an overdraft facility has been linked;
- I want to ensure that my overdraft will be settled in full should I no longer be in a position to do so; and
- I want to protect and ensure my family’s financial stability.
If you answered YES to the questions above, contact NedNamibia Life Assurance Company on 081 959 2503 for further assistance and guidance.
