Protection for your Business

Business Banking Group Creditor Insurance^† 

Business Banking Group Creditor Life

Group Creditor Insurance provides the following coverage:

• Life – protects the life of the insured/cardholder in the event of early death.

• Total Permanent Disability (TPD)

• Occupational – protects the insured if he/she has been continuously, permanently and totally disabled for a minimum of 180 days and is unable to engage in any occupation or employment for compensation or profit for which the Insured Person is reasonably qualified by training or experience.

• Critical Illness (CI) – protects the insured if he/she is diagnosed as suffering from cancer, stroke, myocardiac infarctus, renal failure, multiple sclerosis, bypass surgery or organ transplant.

• Accidental Dismemberment (AD) – protects the insured if he/she sustains bodily injuries effected solely through external and purely accidental means and within one hundred and eighty (180) days after such injuries are sustained, suffers the loss of sight or limb as a direct result of such injuries and independently of all other causes.

Group Creditor Life:

• Helps protect family from financial hardship and worry
• Protects your financial obligation to the bank if the unexpected occurs
•  Is affordable – you’ll benefit from group rates as opposed to purchasing an individual policy to cover your outstanding obligation
• Is part of a sound financial plan and helps you manage your personal business risk
• Claims process is simple and straight-forward