BENEFIT DETAILS

RISKS

BENEFITS (*)

PERMANENT DISABILITY OR DEATH

Apply throughout the period of Credit Loan Insurance

Outstanding financial obligations with Home Credit , including principal, interests and fee, shall be paid off by the Insurer as below:
- The Insured’s outstanding loan balance shall be paid off by the Insurer.
- NThe Insured (or heir) is entitled to receive the rest of the insured amount, after deducting the payment of the loan.
- The insurance amount is up to 500% of the loan value.
- The compensation is 40% of the sum insured for the insured spouse's death or permanent disability due to an accident.
- Daily cash hospital supplement up to VND 300,000 per day and up to max VND 9,000,000 per case in case of insured event leading to permanent disability or death.

HOSPITALIZATION

Cover the monthly installment for a minimum of 7 days of hospitalization due to illness or by an accident.

No. Days of Hospitalization ----- Benefit
7 – 30 days ----- 1 x Monthly Installment
31 – 60 days ----- 2 x Monthly Installment
More than 61 days ----- 3 x Monthly Installment

FREE EARLY LOAN TERMINATION

Should the customer get a chance of early repayment it is free of charge any time.
*Apply for Home Credit's returning customers who fulfilled at least 06 monthly installments.

COOL OFF PERIOD

Should the customer change their mind about the insurance there are 14 days cool off to cancel the insurance without any additional cost.