Ideal loan protection

HLA Asset Protector protects your outstanding financial commitment in the form of a lump sum payment that goes towards paying your loan in the event of TPD¹, OAD², or death. It is flexible towards your changing needs as you have the option of, among others:

Adjusting your loan protection coverage when needed in the event of refinancing, an overdraft, or opting for an early repayment.

Settling your outstanding loan with withdrawal from your account value.

Withdrawing from the account value to finance the renovation of your home or expansion of your business.

Shortening your premium payment term by opting for Reduced Paid Up, provided there is sufficient account value to pay for the one-time charge.

Leaving behind a legacy

HLA Asset Protector can also be used to leave behind a legacy for your loved ones. In the event of TPD¹, OAD², or death, you or your loved ones will receive a lump sum payment of sum assured and your account value.

¹ TPD refers to Total and Permanent Disability prior to attaining age 65.
² OAD refers to Old Age Disablement after attaining age 65.

Safeguarding your human capital

Insuring key personnel in your company will help to protect your profits while reducing your losses should an unfortunate event occur. With this plan, you will receive a lump sum payment to help with the recovery of your business if your key personnel are unable to work or while you find a replacement.