Frequently asked questions

Question:

What is credit life insurance?

Answer:

A life insurance policy designed to pay off a borrower´s debt if that borrower dies, get retrenched or becomes disabled. Pending on the circumstance, the loan could be paid in full or monthly installments could be paid by the insurer directly to the credit provider whilst the borrower’s income is affected.


Question:

What is the maximum amount INCheck covers?

Answer:

We do not have a maximum cover.  


Question:

Does INCheck cover bonds?

Answer:

Yes, we cover all bonds.


Question:

What is the maximum period of the loan cover?

Answer:

Three years (3) and six months (6).  Should you debt still not be paid up within this time period, we will then issue you with a new policy cover for the remaining period. 






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