Line of Credit Life Coverage
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INSURANCE PROTECTION
Life Coverage
Line of Credit
Our Coverage
With Life coverage for your Line of Credit account, you can feel good knowing the people you care about could be free from your Line of Credit debt. If you pass away, Life coverage can pay the outstanding balance on your Line of Credit account. The maximum coverage amount is €500,000 per account or up to €500,000 for all Line of Credit accounts combined.
Affordable Coverage
The cost of the Life coverage is determined by your age, the average daily outstanding balance on your account during the billing period, and whether you choose single, joint or multiple coverage. And for your convenience, your Life coverage premiums are billed directly to your insured Line of Credit account.
Pay only for the protection you need
The cost of Line of Credit Disability coverage is determined by your age and the monthly benefit amount on your account during the billing period. No premiums are charged if you have a zero balance on your account during the billing period. So you’re paying only for the protection you need. And for your convenience, your Line of Credit Disability Insurance premiums are billed directly to your insured line of credit account.
