Credit Life
A type of life insurance plan designed to pay off a borrower's outstanding debts if the borrower dies, becomes permanently disabled or is retrenched by their employer
Brochure
Download our brochure for an easy guide on all of the featured offered.
Credit Life
What is Individual Banca Credit Life?
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Key benefits
Features
Requirements
Pru Edusave Benefits
Death Benefit
In the unfortunate event of death, Prudential pays 50% on occurrence and 100% lumpsum at maturity of the sum assured
Permanent Total Disability
In the unfortunate event of permanent total disability, Prudential pays 50% on occurrence and 100% lumpsum at maturity
Waiver of Premium
In the event of death/permanent total disability Prudential takes on the future contributions until the agreed duration expires
Maturity benefit including
earned bonus
When the agreed duration expires, Prudential pays out a lump sum, including earned bonus of the sum assured
Key features of Life Policy – Pru Edusave
Entry age; minimum 18 years and maximum 60 years
Policy duration; minimum 5 years and maximum 20 years
Minimum premium Ugx 100,000
You can learn more from our frequently asked questions
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What Our Clients are saying.
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