05 November 2019
We can do this by switching you to cheaper credit life insurance. It will cost you nothing and the savings are all yours.
When you take out a personal loan, banks and other loan providers include credit life insurance. This is insurance to cover your loan in the event of your death, disability or retrenchment. This is compulsory cover provided by the banks, where you are paying the premiums as part of your monthly loan repayments.
Zestlife can replace your bank provided credit life cover with a policy that will match the benefits at a lower premium. And this is what we refer to as Switch and Save. In this way, for very little hassle and no cost to you, we can reduce your repayments for the remaining period of your personal loans.
The extent to which we can start saving you money every month is illustrated in this real-life example: *Mr Damesi has three personal loans, by switching his credit life insurance to Zestlife we reduced his monthly premiums from R1401 to R593! He now pays R807 less each and every month. He has already saved R9 684 over the past year. And will make a further saving of R16 417 over the balance of his loan repayments.
There are no costs or administration charges so please contact us for an obligation free quote to find out how much we can save you.
Call us on 086 000 9378 or email us at info@zestlife.co.za
*Name changed for privacy. Client of Zestlife since Nov 2018.
Author - Charles Lorentz
Charles Lorentz, Executive: Distribution and Product Development
Charles Lorentz has been involved in the insurance sector since 2005, primarily as a strategic partner in Zestlife. His keen solution driven insights have allowed him to develop product and production cycles that meet specific customer needs within the credit and health insurance segments. Charles continues in his executive role within Zestlife and remains focused on improving customer engagement at both a product and business level.