Product Credit Life Insurance
NRSP Bank make arrangements of Credit Life Insurance to its all individual borrowers to cover the credit risk of natural or accidental death of clients.
Under This Scheme:
Provided to: All borrowers availing individual loans
Coverage Age: 18 Years to 65 years
Insurance Cover: Principal Outstanding
Fee Charge to Customer: Free
Coverage Against: On death of an insured member due to natural or accidental causes.