Credit Protection Insurance

Ensure that your finance and loan agreements will be settled should you pass-away or become permanently disabled.

What is Assetlife Credit Protection?

Assetlife Credit Protection offers you cover at a low monthly premium. Please give us the chance to prove our low premiums to you.

What is credit protection insurance?

Credit protection insurance will settle your finance and loan agreements in the event of your passing away or becoming permanently disabled.

This insurance ensures that your spouse and family won’t inherit your debts; instead, you leave them debt-free assets such as a home, car, furniture, and appliances.

Most banks and finance companies require their customers to take credit protection insurance when they extend credit to them. While this cover protects the interests of the customer, it tends to be expensive.

Does Assetlife have lower premiums?

Yes, Assetlife offers a comparable range of credit protection benefits at a reduced cost, regardless of where you obtained your loan.

When should you consider using Assetlife cover?

If you don’t have credit protection cover, Assetlife provides the full benefits of this cover conveniently and at lower premiums,


Should you already have credit protection cover there is an opportunity save on your monthly premiums by switching to lower monthly premiums offered by Assetlife.

Switching from conventional credit protection cover to Assetlife can save you a lot of money. Contact us and we will show you how much.

Residents of South Africa who have not reached age 61 can apply for this cover.

Why do I need Assetlife Credit Protection?

This policy settles your credit agreements upon your death or permanent disability. Therefore if you die your family will not have the burden of settling debts without your income. This policy should also offer the peace of mind that if you should become permanently disabled and no longer be able to earn an income, your debts will also be settled.

Why is Assetlife cheaper?

There are 3 reasons why Assetlife has lower premiums :

  1. Individual Premiums
    Conventional credit protection charges the same premium to all customers, whereas Assetlife premiums are calculated specifically for you. This means you are not subsidising the premiums of individuals that are considered of greater risk than yourself.
  2. Consolidated Cover
    Conventional credit protection policies cover only a single credit agreement, whereas the Assetlife policy can cover multiple credit agreements. This means you can cover your home loan, car finance contract, personal loans and credit cards using the single Assetlife policy. This removes duplicate administration costs that would exist across multiple policies.
  3. It is reasonably priced
    Conventional credit protection will often have premiums that allow for unreasonable profit margins. Assetlife charges premiums that are reasonable and reflect the risks that are covered.

Please click on the Call Me Back button to answer a few short questions and we will provide you with an accurate quotation.

Is Assetlife’s cover better?

Conventional credit protection provides cover for the amount of the outstanding balance of the credit agreement, settled directly with the bank or finance company.

Assetlife provides cover for the full original balance of the credit agreement amount, settled directly with the bank or finance company and the balance i.e. the amount that has already been repaid on the credit agreement is payable to the policyholder or the policyholder’s beneficiary.

This is a significant benefit that Assetlife offers over all other conventional credit protection policies.


Road Accident Cover – Cover that pays out a lump sum for injury caused by a motor vehicle accident. It also includes a subscription to RoadCover that assists with Road Accident Fund claims.