Namibia: Agribank Introduces New Insurance Product

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Clients of the Agricultural Bank of Namibia (Agribank) will start enjoying insurance benefits as the institution introduces a new credit life insurance product.

Clients of the Agricultural Bank of Namibia will start enjoying insurance benefits as the institution introduces a new credit life insurance product.

The new cover will see that Agribank pays the client's loan instalments in cases where the client becomes permanently or temporarily disabled, is diagnosed with a serious illness or faces retrenchment. He said the insurance cover will become a mandatory requirement for all eligible clients effective 1 July.

 

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