Mortgage
Protection Plan

Mortgage Protection Assurance is a policy that guarantees the payment of outstanding balance in respect of the loan given by a financial institution.

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Features

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The policy guarantees a sum assured which should be sufficient to repay the outstanding loan at any time during the duration of the policy
Protects one’s estate and property
Saves the family from embarrassment of the deceased’s property being impounded by the lender
Single or annual premium consistent with value of property/estate
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