Credit Protection Insurance

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

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What is Assetlife Credit Protection?

Assetlife is credit protection insurance, offering you the best cover at the lowest premiums. Please allow us to illustrate to you that this is a fact.

What is credit protection insurance?
Credit protection insurance ensures that your finance and loan agreements will be settled should you pass-away or become permanently disabled.

Credit protection insurance ensures that your spouse and family never inherit your debts but rather you leave them debt free assets such as a home, car, furniture and appliances.

Most banks and finance companies insist on their customers taking credit protection insurance when credit is extended to them. This cover does protect the interests of the customer but it tends to be expensive.

Does Assetlife have the lowest premiums?
Yes. Assetlife provides a comparable range of credit protection benefits at a fraction of the cost of credit protection cover offered by most banks, finance companies and loan providers.

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 the lowest 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 saves you up to 70%.

This cover can be taken out by residents of South Africa that have not reached age 61.

Why do I need Assetlife Credit Protection?

Assetlife 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.

How much does it cost?

Switching from conventional credit protection cover to Assetlife creates premium reductions of up to 70%.

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 a single credit agreement, whereas multiple credit agreements can be covered using the Assetlife policy. 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. Assetlife is reasonably priced
    Conventional credit protection will often have premiums which 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.