This is designed to cover borrowers’ risks. When you take up this policy, you are protected from losing your savings or other properties if you cannot repay the loan due.

Benefits

• Covers life benefit/ death of borrowers
• Covers total permanent disability
• Covers critical illness
• Covers retrenchment on redundancy and bankruptcy for Salaried Workers Loans 
  

Requirements for claims

• Complete claim form
• Death certificate/ burial permit
• Loan repayment schedule
• Loan statement
• TIN- in case of a business loan
• Business licenses- in case of a business loan
• Copy of any customer legal ID copy
• Retrenchment letter from employer
• Declaration for retrenched customer
• Insured statement
• Confidential medical report
• Description questionnaire for disability

How to claim

• Notification
  • Report the claim at your nearest NMB branch
  • Call our contact center: 0800 002 002 for FREE!
  • Email us on This email address is being protected from spambots. You need JavaScript enabled to view it. 
• Submit all necessary documents to any NMB branch near you.