We’ve got your credit covered in Case of Death, Disability, or Loss of Income.
Protect Your Finances with Confidence
Enjoy peace of mind knowing that your outstanding credit agreement balance can be covered if you pass away, become permanently disabled, or lose your qualifying income. Credit Life Insurance helps reduce the financial pressure on you and your loved ones when life takes an unexpected turn.
Two Cover Options That Suits Your budget
Comprehensive Life
Settles the amount you still owe on your Credit Agreement, so that your family isn’t burdened with debt. It also gives you cash back equal to the amount you’ve already paid to cover any unforeseen expenses.
Basic Life
Settles the amount you still owe on your Credit Agreement so that your family isn’t burdened with debt.
Our Credit Life Insurance Benefits
Protects your loved ones:
Your family keeps what you’ve worked for without being left with your debt should you pass away.
Gives you peace of mind:
You can relax knowing your loan agreement or credit agreement will be covered should you pass away, become disabled or lose your qualifying income.
Keeps your credit record in good standing:
How to claim on your Credit Life Policy
Call us immediately on 0800 777 444 (Toll Free)
Email us at: claims@abacus-insurance.co.za
Visit the store where you entered into the Credit Agreement
Our Cover Options:
Basic Life
This plan settles the amount you still owe on your Credit Agreement so that you and your family aren't burdened with debt.
Premium and Cover
Basic Life
Pay for the cover you need:
Our premiums are based on the value of your credit purchase, so you only pay for the cover you need. Simple, fair, and affordable.
What are you protected against?
Death
The benefit covers your remaining credit balance if you pass away.
Disability
The benefit covers your remaining credit balance if you become disabled.
Loss of income
The benefit covers your remaining credit balance if you lose your qualifying income.
Why do you need Credit Life Insurance?
- Your family keeps what you’ve worked for without being left with your debt should you pass away.
- You can relax knowing your loan agreement or credit agreement will be covered should you pass away, become disabled or lose your qualifying income.
- It keeps your credit record in good standing.
Why choose Abacus Credit Life Insurance?
- It is available at your favourite Pepkor store when you buy on credit.
- Premiums are based on your credit value, so you only pay for the cover you need.
- It is easy to understand.
Where do I buy Abacus Credit Life Insurance?
- You can purchase Abacus Credit Life Insurance at Pepkor stores when buying goods or furniture on credit. Read more on this website to find participating stores.
How do I pay for my policy?
- Your monthly premiums will be automatically added onto your credit agreement repayment for your convenience.
Who Qualifies?
- South African citizen.
- SA Permanent resident or valid work visa.
- 18 - 64 years old.
