SB Finance, FWD team up for loan insurance

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SB Finance Company Inc., a unit of Security Bank Corporation, has entered into a partnership with FWD Life Insurance to offer Group Credit Life Insurance as a voluntary add-on to applicants of the SB Finance Personal Loan.

In a statement, Security Bank said the insurance provides borrowers of SB Finance with financial security and protection whenever they take out a loan—as this will cover the loan balance of the borrower in the event of death or total and permanent disability.“We’re happy to partner with FWD Life Insurance to provide our clients with services that protect them from unforeseen events,” said SB Finance President and CEO Abbie Casanova.

The Group Credit Life Insurance is open to borrowers from 21 to 70 years old. To avail, borrowers simply need to fill out a form which will be reviewed and approved by FWD.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines