This is the life assurance that pays off the debt owed on a loan in the event of borrower’s death, retrenchment or permanent disability.
- Certified death certificate or burial Permit or Local Leader authorization.
- Certified Loan repayment schedule
- Certified copy of any Legal ID of the deceased/ borrower
- Certified confirmation letter from employer in case of retrenchment to all SWL borrowers
- Certified medical report from Doctor in case of total permanent disability
- Claim form
Where to apply
If you are interested in this product, please contact your nearest NMB branch by clicking HERE.
You can also use our toll free number accessible on TTCL, Airtel, Tigo, Zantel and Vodacom – 0800 11 22 33.