As a bank or financial institution, you deal with a huge number of loans and financial transactions that require you to enter into various risks, and by obtaining life insurance for your customers, you contribute to reducing those risks.
ALoan insurance protects banks from the risks of borrowers default and helps reduce lending risks, which prompts them to develop loan products of all kinds, especially housing loans.
Types of insurance include:
● Housing Loans
● Personal Loans
● Motor Loans
● Credit cards Loans