LASACO Mortgage Protection Insurance

Pays outstanding principal amount of mortgage in the event of untimely death of the mortgagor or borrower

Features of Mortgage Protection Insurance Policy

Ensure Payment

Do you have a mortgage on your house or an outstanding bank loan? Then this is the contract to ensure payment of the outstanding amount in case of untimely death of the mortgagor/borrower

Facility Cover

This is a cover on any facility granted by mortgage institution for the procurement of property. The facility is usually on a residential house under the mortgage in case of death of the mortgagor.

Staff Housing Scheme Protection

In circumstances where your company adopts a Staff Housing Scheme, a Mortgage Protection Policy should be put in place to dovetail with the Scheme such that when an employee dies before the loan is fully repaid, the balance of loan yet unpaid is borne by the insurance company.

A suite of amazing policy benefits tailored to your specific needs

Tax Relief

Premium is Tax Exempt

CONTACT US

LASACO House,

Plot 16 Acme Road Ogba,

P.O. Box 3724

Ikeja, Lagos, Nigeria.

 

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