VITABOND - Decreasing Term Assurance Policy

VITABOND provides protection against death while a loan is outstanding, ensuring that the deceased does not leave any debt.

VITABOND is often known as the Mortgage Protection Policy. The sum assured reduces during the term of the policy and the reduction may be

• at the same steady rate throughout, or,
• at a rate which varies during the term, or,
• at a rate depending upon the rate of interest charged for any loan contracted.

VITABOND - Decreasing Term Assurance Policy does not carry any bonus.