Insurance details
What does this insurance include?
Discover the details and benefits of the MAPFRE MSV Life Loan Protection Plan.
Premiums start at €4 monthly or €48 annually.
Terms range from a minimum of 5 years to a maximum of 57 years and the person covered cannot be older than 75 when the plan ends.
Opt for single life or joint life first death cover.
Full payout of outstanding home loan balance.
Are there any additional benefits I can add?
Learn about the additional benefits you can add for an additional premium.
Accidental death benefit: Payment of an additional amount equal to the initial death benefit will be made in the event of accidental death.
Permanent Total Disability (including Waiver of Premium): Payment of the Death Benefit Sum Insured may be considered in the event that You are unable to work because of an accident or illness.
Critical Illness Benefit - Payment is made if a Person Covered is diagnosed with a critical illness defined under the Plan. This is available only in the case of single life policies. Any optional additional benefits selected will cease once the Person Covered reaches the age of 65.
You may wish to refer to the product documentation available in the Important Documents section hereunder or obtain a copy from any BOV Branch upon request.
MAPFRE MSV Life Loan Protection Plan
