P R U D E N T I A L

Z A M B I A

Group Credit Life

This is a policy that provides for the payment of an outstanding loan in the event of the occurrence of the death, disability, critical illness or retrenchment of the policy holder. This insurance plan also provides cover for the payment of an outstanding loan on consumer durable goods like; household items, electronics etc.

Additional Benefits GCLA

    Total permanent disability
  • The TPD benefit shall become payable when the Life Assured becomes permanently unable to work in any occupation which the Life Assured is reasonably able to do, given his experience, education, or training, because of an injury or illness; subject to a waiting period of six months from the date of disablement.
    • Critical Illness
  • The Critical Illness benefit becomes payable when the Life Assured is diagnosed with certain defined illnesses.
    • Retrenchment
  • The loss of employment benefit due to retrenchment or redundancy will become payable on loss of employment, subject to the terms and conditions of the contract.
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