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Credit Insurance

Secure your future today

This product offers protection for the total or partial credit installment, coverage for funeral expenses (in case of loss of life), coverage for total and permanent disability, and coverage for business property destruction for customers holding loans during the term of their loan with MBC.

ADVANTAGES/BENEFITS MBC cancels the credit in the following cases:

o In the event of the customer's death. o In the event of the customer's total permanent disability caused by illness or bodily injury. o Catastrophic and total destruction of business property. o MBC pays a funeral benefit of 10,000.00 MZN for funeral expenses in the event of the account holder's death.

Access conditions:

o All individual customers with approved and active credit.
o Age between 21 and 65 years.
o Customers with microcredit disbursed up to 500,000.00 MZN, with a maximum term of three years.
o Maximum coverage of 50,000.00 MZN in the event of catastrophic and total destruction of business property (inventory and structure).
o Customers with credit disbursed up to 1,000,000.00 MZN, with a maximum term of five years.
o Customers with PE credit disbursed up to 1,500,000.00 MZN.

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