Home Loan Protection is a Traditional Decreasing Term Plan without Bonus facility. This plan has been designed to help family repay the outstanding Home Loan in case of an unfortunate death of the Life Insured. In this plan, premium can be paid in a lump sum as Single Premium. However, the premium can also be incorporated within the instalments of Home Loan repayments. The Sum Assured is chosen as the total outstanding Home Loan Amount which keeps decreasing every year as a percentage as per the policy schedule.
Our home loans offer great interest rates, flexible repayment terms, you won't be penalised if you want to pay off a little bit extra and we can pre-approve your home loan before you start looking so you know how much you can spend.