Loan insurance is a safety net that covers your loan repayments in case of unexpected events like job loss, illness, disability, or even unfortunate demise. By paying a small premium, you can ensure that your loan repayments are taken care of, preventing financial strain on you or your loved ones, taking a loan is a significant financial commitment, and unforeseen circumstances can sometimes make repayment challenging. That’s where loan insurance comes in. Loan insurance is designed to protect both the borrower and the lender, offering peace of mind and financial stability in times of uncertainty, our loan insurance policies are designed to give you maximum coverage at competitive premiums. With transparent terms and easy claim processes, we ensure that you’re protected every step of the way.
Personalized policies designed to fit individual needs, ensuring no unnecessary coverage or costs.
Competitive pricing with flexible payment options, making insurance accessible for all income groups.
Streamlined claims process with minimal paperwork and fast approvals.
A wide range of policies, including health, vehicle, life, and property insurance, to meet diverse requirements.
Ability to modify policies as per life changes, such as marriage, new assets, or job changes.
No hidden charges or confusing terms; clear communication about what’s covered.
Age: Minimum age: 18 years (some policies may start from 21 years).
Income Proof: Salaried individuals, self-employed professionals, and business owners may be eligible.
Nationality: Must be a resident or citizen of the country where the loan company operates.
Health Statusor health or life insurance, applicants may need to undergo a medical check-up or submit medical history records.
CreditworthinessA good credit score or repayment history may be required if the insurance is associated with loans.
Identity Proof: Voter’s ID/Passport/PAN Card or Form 60/Driving License/Aadhaar Card
Address proof: Electricity Bill/Aadhaar Card/Passport/Ration Card, Copy of Utility Bill (not more than 3 months old)/Insurance Bond/Lease/Bank Statements/Income Tax Assessment Order/Property Registration documents/Property Purchase Agreement/Pensioner Book/Property Tax Receipt/Employer Certificate/Driving License
Income Proof Documents – Copy of latest three months’ salary slips/bank statements, Form 16 for salaried individuals, Copy of Income Tax Returns (ITR)/C.A certified Balance Sheet, Profit, and Loss Statements, Business stability and ownership proof/MOA & AOA/Certificate of Practice/ Partnership Deed/ GST Registration and Filing Documents/ or Shop Act License for Business Owners.