MICRO INSURANCE

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  • MICRO INSURANCE

CO-OPERATORS COVER

  • UGX 1,000,000 following death of the policy holder.
  • UGX 1,000,000 following total permanent disability of the policy holder.
  • UGX 100,000 as hospitalization on occurrence of an accident.
  • Maximum of UGX 100,000 payable in the event of loss of standard wallet contents i.e National ID, Passport, Driving Licence and ATM Cards

CREDIT LIFE INSURANCE

  • Insure against death of borrowing clients.
  • The Total outstanding balance on the loan is covered due to Death and Total Permanent Disability (Illness and Accidents).
  • Premium ranges from 0.7% – 1% for 1 to 12 Months and 1.5% for 13 to 24 Months.
  • Last Expense (Amabugo / Amaziika) of 300,000 and/or 200,000 to the spouse.

GROUP LAST EXPENSE

  • This is a group cover starting from as low as UGX 2,000 per month.
  • Main – UGX 500,000
  • Spouse – UGX 250,000
  • Children (Up to 4) – UGX 200,000