BRIEF DESCRIPTION OF COVER
This cover is designed to fulfill the borrower's loan obligation in the event that the borrower dies or becomes disabled.

  • Upon death, the financier will be paid the full amount of the outstanding loan excluding interest and any installments.
  • For Total and Permanent Disability (TPD), the full outstanding amount under the credit agreement will be paid
  • Funeral expense cover where by upon death of the borrower, a flat amount is paid within 48 hours 

INFORMATION REQUIRED FOR ISSURANCE OF COVER/QUOTATION

Death and Funeral Claims 

  1. Certified true copy of the original death certificate
  2. Copy of ID (Nida, Driving License or Voters ID card.

Please visit or contact your nearest NMB branch or call us on our toll-free number – 0800 002 002.