Loan Insurance

All Sacco loans are insured to cover members’ beneficiaries in case of death or permanent disability of a member who is servicing a loan.

Features:

  • The loan must be performing at the time of death or permanent disability.
  • Premium paid only by members who are servicing loans.
  • Insurance amount is Ksh. 1 per Ksh. 1,000 loan amount
  • Original death certificate and burial permit must be produced for the claim to be paid.
  • Insurance will pay all the outstanding loan amount as at the time of death provided the loan was performing.

Benefits

  • It gives the dependents/beneficiaries a peace of mind as their property will not be attached to repay the loan after the death of the member.

insurance

KTDA Plaza,4th Floor,Moi Avenue 0709808000 info@ chai-sacco.co.ke   Membership Application

Contact Us

KTDA Plaza,4th Floor,Moi Avenue 
P.O. Box 278-00200 City Square
Nairobi Kenya
Phone: +254 20 2214406/10
Mobile: 0733 330045 / 0701 314410
Fax: +254 20 22144410
We have a friendly team and a listening ear to fully meet your needs. Keep in touch with us online on the platforms below.


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