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___ 9th Floor Mani Place, Ohio Street, PO Box 22229 Dar es Salaam Tanzania Tel: +255 22 212 7151/2/3, Fax: +255 22 212 7154 ___GROUP CREDIT ASSURANCE POLICY / GROUP MORTGAGE POLICY CLAIM FORM LIFE

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How to fill out credit life mortgage protection

01

Obtain a credit life mortgage protection application form from your lender or insurance provider.

02

Fill in your personal information such as name, address, date of birth, and contact details on the application form.

03

Provide details of your mortgage such as the loan amount, term, interest rate, and lender information.

04

Answer any health and lifestyle questions honestly to determine your eligibility for coverage.

05

Review the application form for accuracy and completeness before submitting it to your lender or insurance provider.

Who needs credit life mortgage protection?

01

Individuals who have taken out a mortgage loan and want to ensure that their outstanding balance is covered in case of death or disability.

02

Homeowners with dependents who rely on their income to pay the mortgage and want to protect their loved ones from financial hardship in the event of a tragedy.

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What is credit life mortgage protection?

Credit life mortgage protection is an insurance policy that pays off the balance of a mortgage in the event of the borrower's death.

Who is required to file credit life mortgage protection?

Borrowers who have taken out a mortgage loan and opted for credit life insurance are required to file credit life mortgage protection.

How to fill out credit life mortgage protection?

Credit life mortgage protection can be filled out by providing information about the borrower, the mortgage loan, and beneficiaries.

What is the purpose of credit life mortgage protection?

The purpose of credit life mortgage protection is to ensure that the outstanding balance of a mortgage is paid off in the event of the borrower's death, relieving the burden on their loved ones.

What information must be reported on credit life mortgage protection?

Information such as the borrower's personal details, loan details, and beneficiary information must be reported on credit life mortgage protection.

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