Novo Insurance - Professional Insurance Brokerage Services
Coming Soon Under development — launching soon with full functionality
Coming Soon Under development — launching soon with full functionality
Coming Soon Under development — launching soon with full functionality
Coming Soon Under development — launching soon with full functionality
Term Life Insurance

Loan Protection Term Insurance

A term insurance plan where the cover reduces over time, aligned to an outstanding loan such as home or business loan.

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Loan Protection Term Insurance
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About This Policy

Loan Protection or Decreasing Term Insurance is structured so that the sum assured declines broadly in line with a loan balance.
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Who Should Buy?

• Home loan borrowers
• Business owners with large term loans

What's Protected

Comprehensive coverage designed to give you complete peace of mind

• Death benefit aligned to outstanding loan
• Cover reduces over time
• Often bundled for home or mortgage loans

Ready to Protect What Matters?

Get your personalized quote in minutes. Our insurance experts are here to help you every step of the way.

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