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Must have an active FNB Cheque Account
Debt Protection
Debt protection is there to assist you to pay your debt in the event of death, permanent or temporary disability or retrenchment.
What are you covered for?
- Death and permanent disability: Should you pass away or become permanently disabled, your debt won't become a burden. We will cover the average monthly balance of your revolving loan or your highest balance on your overdraft at the time of the event.
- Temporary disability: If you become temporarily disabled, the last thing you need to worry about is your debt. From the moment you become temporarily disabled, and for up to 6 months, we will pay the minimum monthly instalments on your credit facility.
- Retrenchment: Retrenchment is hard enough without having to worry about debt. If you are retrenched during the period of insurance, we will pay the minimum monthly instalments on your credit facility, from the date of your retrenchment up to 6 months while you are unemployed.
Cover yourself and ensure your lifestyle today, find out more about debt protection specifically for Overdrafts and Revolving loan
Terms and Conditions Apply
Cheque Accounts
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087 575 9404