GLICO Loan Protection Plan

At GLICO LIFE, we understand that first loss payees give loans to the public in order to stimulate economic activities in the form of loans, overdrafts, credit facilities etc. and relieve beneficiaries of their financial burdens.

At GLICO LIFE, we understand that first loss payees give loans to the public in order to stimulate economic activities in the form of loans, overdrafts, credit facilities etc. and relieve beneficiaries of their financial burdens.

These loans could however expose the first loss payee to financial losses in the event of a loan repayment default. 

Benefits

  • Death 
  • Dread Disease
  • Total Temporary Disability
  • Partial Permanent Disability
  • Total Permanent Disability as a result of illness or accident

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