The Custodian Group Credit Life policy is designed to safeguard businesses against potential unforeseen financial losses by ensuring the protection of assets and continuity of funds.
In the event of a borrower’s death, disability, or diagnosis of a critical illness during the term of a business loan agreement with the Assured, Custodian Life Assurance Limited will cover the outstanding loan principal as of the date of loss. Coverage is available up to a maximum loan maturity age of 65 years and is contingent upon full disclosure of relevant information.