Should you not be able to pay back your
loan due to death, temporary disability, permanent disability or
retrenchment the Peoples Loan Protection Plan will ensure your
loved ones do not have to carry the cost.
The benifits of this policy will only
be payable on the death, temporary disability or permanent
disabilityof the person who has taken out the loan together with
his Protection Plan.
NB: Claims arising because of
retrenchment or notice of retrenchment during the first three
months months of the loan will not be admitted.