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Group CreditAccess Life Insurance
- An offering that is part of the loans or capital obtained from MFIs, cooperatives, and other lenders. The product insures the life of the borrower-customer and also helps the family repay outstanding loans in case of a death with any remaining amount going to the nominee. The insurance cover depends on the loan taken but can be as low as Rs. 5,000.
- The cover kicks in at the time of taking the loan and can be fixed in multiples of the loan amount. We offer detailed customization as per the needs of the groups and their members.