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Mahindra Loan Suraksha

Mahindra Loan Suraksha (MLS) is a Credit Term Group Plan. This is an insurance cover given to Mahindra Finance loan customers. MLS protects the Customer’s family and Assets in case of unfortunate death of the customer by covering the Outstanding Finance amount, hence not putting the burden of repayment on the family.

Features & Benefits:

  • MLS is a pure death cover plan. The insurance company will repay the
    outstanding loan amount as on date of death to Mahindra Finance hence
    not putting the burden of repayment on the customer’s family
  • Premium paying options - Single and Annual premium
  • Any individual who is a loan customer of Mahindra Finance is eligible to take this cover
  • Any Mahindra Finance customer between the ages of 18 - 59 years can opt for MLS
  • Simple documentation process
Benefits of Term Policies

 

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