Legacy Mortgage
Access security for your loved ones.
It is important to plan all of life’s chapters. Have peace of mind knowing that your family’s home is secured, even in the event of job loss, disability, or dread disease.
Features
The chosen sum assured cannot exceed the mortgage amount at policy commencement.
The term of the policy is as chosen by the policyholder but not subject to the minimum of 6 years and limited by the termination age
On death or disability, the full sum assured is paid. The bank deducts the outstanding balance and the difference is paid to the beneficiaries (upon death) or the policyholder (upon disability).
There will be no medical underwriting requirements. The policyholder must be in full-time formal employment and active at work at the time of taking the policy.
There is a minimum monthly premium of P100.00.
This is a level premium product.
Access to Digital Banking.
Requirements
Source of fund (payslip/bank statement)
Proof of residence
Proof of identity
Minimum age at entry for life cover – 21years.
Maximum age at entry for life cover – 55 years.
Termination age for life cover and accidental death – 70 years.
Maximum age at entry for capita disability – 55 years.
Maximum termination age for capital disability – 70 years.
Talk to us about how we could support your business
TELEPHONE: 0711082000
WHATSAPP: 0704331786
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