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Guaranteed loan paid off between the bank and borrowers in case of unfortunate events happen to the borrowers

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What is Manulife Group Credit Life?

Manulife Group Credit Life is part of the Manulife Group Protector product. It is designed to provide loan protection (both new and existing loan) and peace of mind for the Bank and customer (borrower) should the untimely death or total disability occurs before the loan is fully paid off.

Why your institution should get this product?

Receive 100% of loan amount

Receive claims up to USD 30,000 or 120 million riels for paying off the bank loans on behalf of the borrowers
The leftover amount after paying off the bank loan will be given to the borrower or the borrower's immediate family member.

Comprehensive coverage

Death
Total disability

Protect up to 2 people

Borrower
Co-borrower

Worldwide coverage

No matter where you are, you are covered

Simple and easy application

Health check-up is not required

Watch our video to learn more

About this product

Eligible for: All banks and microfinance institutions that offer loan services
Coverage period: following the loan period.
Age eligibility of borrower: 18 years old and above
Currency: Khmer Riel and US dollar.
Coverage amount: Starting from USD 2,000 or 8 million riels
One-time premium: Starting from USD 13 or 52,000 riels
Type of loans: Home loan, personal loan, business loan, agriculture loan.
The bank can also offer financing option for the borrowers to pay the premium.

Another group protector product

Manulife Group Protector

Offering life insurance package for your employees

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