Cover your assets

Get Home Loan Credit Life or MFC Vehicle Finance Assurance for your home and car.

Home Loan Credit Life

There are several reasons why you might struggle to make your home loan payments. In such cases, your family can receive cover of up to R2.5 million to ensure they always have a place to call home.

Key benefits

Your home loan will be paid if you become disabled or pass away.

You can have 2 insured lives under 1 policy.

No medical tests are needed to take up the policy.

MFC Vehicle Finance Assurance

Even if you're not driving, your vehicle finance can still be taken care of if you become permanently disabled, are diagnosed with a critical illness, or pass away, ensuring it doesn't become a burden for your family.

Key benefits

Cover of up to R1 million for your vehicle if you are retrenched, become disabled, are diagnosed with a critical illness, or pass away.

Car finance insurance for new and pre-owned vehicles.

Experts in vehicle finance and insurance from MFC, a division of Nedbank.

A safety net for your financial commitment.

Make sure your loans and credit card payments are paid if illness, disability, or retrenchment happens, so it's not left to your family.

Overdraft Assurance

If life takes a turn because you are retrenched, become disability, or pass away, overdraft assurance pays your credit provider back so your loved ones don't have to.

Key benefits

Your overdraft facility will be paid if you are retrenched, become disabled, or pass away. 

No medical tests are needed to take up the policy.

You enjoy affordable premiums to suit your credit needs and budget.

Balance Protection Plan

Life doesn't always go as planned. Get cover for up to R100 000 of the outstanding balance on your credit card. If you are retrenched, become ill or disabled, or pass away, the amount will be used to settle your credit card debt directly with your credit provider.

Key benefits

Your credit card payments will be taken care of if you are retrenched, become disabled, are diagnosed with a critical illness, or pass away.

No medical tests are needed to take up the policy.

You enjoy affordable premiums to suit your credit needs and budget.

Personal Loan Assurance

Keep your personal loan from becoming a burden if you are retrenched, become disabled, or pass away. Get cover of up to R400 000 to help you make payments towards your loan with dignity.

Key benefits

Your loan instalments will be paid if you are retrenched, become disabled, or pass away. 

No medical are tests needed to take up the policy.

You enjoy affordable premiums to suit your credit needs and budget.

More assurance solutions

Student Loans Assurance

Student Loans Assurance

Your education is a priority. If you become permanently disabled or pass away, this cover will ensure that your student loan isn't another worry for your loved ones.

Loan Protection Assurance

Loan Protection Assurance

Your home is more than just a place – it's your place of peace. This plan will pay up to R2.5 million of your home loan if you become permanently disabled or pass away, so your loved ones always have a home.

MFC Vehicle Finance Assurance - Death only

MFC Vehicle Finance Assurance - Death only

Pays up to R100,000 of the outstanding balance on your MFC Vehicle Finance should you pass away, so it's not left to your loved ones.

Vehicle Finance Assurance – Death and retrenchment

Vehicle Finance Assurance – Death and retrenchment

Make sure your MFC Vehicle Finance is paid should anything happen to you.

  • Up to R100,000 of the outstanding balance on your MFC Vehicle Finance will be paid.
  • Up to 6 monthly instalments if you are retrenched. 
Payment Protection Plan

Payment Protection Plan

Every moment matters, especially during life’s most challenging times. This cover will pay the outstanding balance on your credit card if you become terminally ill, permanently disabled, are retrenchment, or pass away.