Life & Disability Insurance

Life & Disability Insurance

At BANGE BANK BENIN, your security and that of your loved ones are at the heart of our commitment. Through partnerships with leading insurance companies, we provide you with reliable and tailored coverage: Life & Disability Insurance.

Designed for both individuals and businesses, this solution guarantees the repayment of your credit in the event of major unforeseen circumstances related to life or health. In the event of the borrower’s death or disability, the insurance protects your family and ensures the continuity of your loan repayments, sparing them from unexpected financial burdens

Extended and innovative protection

Beyond the standard life and disability coverage, our offer also includes, in compliance with the CIMA Code, an additional guarantee in case of job loss (for employees with active loans). Thus, even during transitional professional periods (up to 6 months), your financial commitments remain protected.

Target Audience

An insurance solution for every profile

1

Salaried individuals

Protect your family and preserve their financial stability.
2

Entrepreneurs or business leaders

Secure your commitments and safeguard your company from the financial impact of losing a key person.
3

Employers

Ensure project continuity and build trust with your financial partners.

How It Works?

When your credit is granted through BANGE BANK BENIN, the insurance is automatically included in your file. Depending on your profile, you may benefit from Life, Disability, and Job Loss coverage. The declaration is submitted to the partner insurance company via the bank. - In case of death or disability, the outstanding loan balance is reimbursed directly to the bank. 
- In case of job loss, the insurer covers part or all of your loan repayments during the unemployment period (within the limits set by the policy).

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