
Another major activity of the long term insurance business is the investment of funds in mortgages. Mauritian Eagle Insurance grants loans to life policyholders for the purchase/construction/extension of a house and for the purchase of a plot of land.
The main security required is a fixed and at times a floating charge on the property. The loan can be repaid by paying interests only and the capital is recovered from the proceeds of the life policy or by the method of repayment through an equated monthly instalment of Capital and Interest over a fixed number of years. These loans are at competitive rates.
Another type of loan that the Mauritian Eagle Insurance offers to its policyholders is the POLICY LOAN. The amount granted for this policy loan is up to 90% of the acquired surrender value on the life assurance policy.

