Loan, Life and Disability Protection

At Leonard Trust, our Loan, Life, and Disability Insurance Program provides comprehensive coverage to borrowers, ensuring financial security for outstanding loans in case of unexpected events. This program offers a safety net to protect borrowers and their families during challenging times.

What is Loan, Life, and Disability Insurance?

• All-in-One Protection: This program covers outstanding loan balances in situations like disability, critical illness, or death.
• Financial Safety Net: Ensures that your family won’t be burdened with loan repayments in the event of unforeseen circumstances.
• Comprehensive Coverage: Designed to align with your loan commitments, providing a specific level of coverage based on your borrowing needs.

Key Benefits of the Insurance Program

• Loan Repayment Assistance: Covers loan payments or pays off the outstanding balance in case of disability or critical illness.
• Financial Security: Provides financial assistance to your family by settling the loan balance in the event of your death.
• Tailored Coverage: Customize coverage to suit your specific loan terms and outstanding balances, ensuring sufficient protection.

How the Program Works

• Disability or Critical Illness Coverage: Assists in making payments or pays off the loan balance if you’re unable to work due to disability or critical illness.
• Death Benefit Coverage: Pays off the remaining loan balance in the event of your death, alleviating the financial burden on your family.

Obtaining Loan, Life, and Disability Insurance

1. Consultation: Schedule a consultation with a Leonard Trust insurance advisor to understand the comprehensive coverage and benefits of this insurance program.
2. Policy Setup: Customize a policy that aligns with your loan terms, ensuring suitable coverage for your outstanding balances.
3. Peace of Mind: Gain assurance that your family won’t be burdened with loan repayments in unexpected situations.

Ensure Financial Protection for You and Your Family

Secure your financial well-being and that of your loved ones with Leonard Trust’s Loan, Life, and Disability Insurance Program. Protect your outstanding loan balances, providing a safety net during challenging circumstances.