Quendue Ngensung Life Policy

Everyone needs loan. Whether to start a new business, buy a personal car, or rebuild a home, we need loan. But for many families, the sole breadwinner’s death could also spell financial disaster. Worse, some could even end up with enormous debt if the family has an outstanding loan.

That is why families need our Quendue Ngensung Life Policy to avert such economically dire and tragic episodes.

In other words, Quendue Ngensung is a Loan Care Policy, which repays the family’s outstanding loan when such unfortunate events strike.

BENEFITS

Protection

Tax Rebate

Disability Benefit

Loan Repayment

Eligibility

• Entry Age: 18 – 65 years
• Policy term: minimum 1 year and maximum 20 years.
• Sum Assured: Nu 10,000 -1,000, 000

Benefits

• Life cover: Amortized outstanding principal balance at the time of demise of the policyholder is paid to the lending institution to clear the outstanding debt.
• 50% Tax Rebate