Poelo Credit Life is designed to provide security for personal and vehicle loans, ensuring that your outstanding debts are paid off in case of death or disability. This policy covers the loan term, protecting your family from financial burdens. With coverage up to P1 million, Poelo Credit Life gives you peace of mind knowing your loved ones won’t inherit your debts.
Life and disability coverage tied to personal or vehicle loans
Minimum sum assured of P50,000, maximum of P1 million
Optional rider benefits like critical illness, accidental death, and waiver of premium
Pays off outstanding loan balance upon death or disability
It covers the outstanding balance of your personal or vehicle loan if you pass away or become disabled, ensuring your loved ones aren't burdened with your debts.
Yes, you can add rider benefits like critical illness, accidental death, or waiver of premium to enhance your coverage.
No, this policy does not require medical underwriting, making it accessible to more individuals.
You can add benefits like capital disability, accidental death, dread disease, waiver of premium, and more to customize your coverage.
The maximum loan term covered is 7 years, and the policy term should coincide with the loan term.
