Pensioner Guarantor Plan
Pensioners and pension beneficiaries who access Pensioner Loans will be covered under the Pensioner Guarantor Plan. In the event that the customer passes away, the plan will pay the outstanding loan balance and the remaining benefit to the deceased customer’s beneficiaries. If the loan is already paid off, the customer’s beneficiaries will have access to full death benefit. The plan is underwritten by First Mutual Life Assurance.
- Gives you peace of mind from knowing that if the unfortunate is to happen, you are covered.