Hollard Credit Life Insurance

Your financial shield

In the world of lending, Hollard Credit Life Insurance stands as a bastion of security. It’s not just a policy; it’s a promise to lenders that even in the face of life’s unforeseen events, financial obligations will be honoured.

Key features of Hollard Credit Life Insurance

  • Comprehensive loan security: A robust safeguard for personal loans, corporate loans, mortgages, and keyman insurance.
  • Debt settlement assurance: In the event of a borrower’s default due to critical life events, Hollard Life settles the outstanding balance or total loan amount.
  • Bank of Ghana Mandate Compliance: A plan in perfect harmony with the Bank of Ghana’s mandate, ensuring all credit facilities are adequately insured.
  • Coverage for life’s uncertainties: Including but not limited to death, temporal/permanent disability, and critical illness.

Hollard Life will settle the outstanding loan balance or pay out the required monthly instalment as detailed below:

  • Death Benefit: In the event of death of the Life Insured occurring during the term of insurance the benefit payable shall be an amount equivalent to but not exceeding the outstanding loan balance.
  • Permanent Total Disability Benefit: In the event of permanent disability of the Life Insured occurring before the attainment of the benefit cease age and before the expiry of the term of the loan, an amount equivalent to the death benefit shall be payable by Hollard Life.
  • Temporary Total Disability Benefit: The Temporary Disability Benefit provides a monthly payment equal to the Loan Instalment in the event of an Insured Person covered by this benefit suffering Total Temporary Disability during the period of insurance.
  • Loss of Income Benefit: This benefit provides a monthly payment equal to the Loan Instalment in the event of the Life Assured covered by this benefit not being able to earn an income during the period of Insurance.


Hollard Credit Life Insurance is the financial fortress that lenders and borrowers alike can rely on. It’s smart, it’s secure, and it’s an embodiment of Hollard’s commitment to financial well-being.

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Frequently asked questions

Hollard Credit Life Insurance is all about providing peace of mind in a world full of surprises. It’s smart, it’s caring, and it’s as reliable as the rising sun.