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Credit Life Insurance

Take out a Credit Life Insurance against all risks in life and guarantee the repayment of your loan debts!

When you take out your Credit Life Insurance from Alternatif Bank, you pay your loan debts in safety!

Credit Life Insurance is a life insurance product designed for Alternatif Bank credit customers which secures their loan debt against cases of death or accidental disability.

Frequently Asked Questions About Credit Life Insurance

You may find all details about Credit Life Insurance here.

Who can benefit from Credit Life Insurance?

Credit Life Insurance is available for customers between 18-65 years of age. To benefit from this insurance, you need to have taken out a loan from Alternatif Bank.

What are the advantages of Credit Life Insurance?

Credit Life Insurance is an insurance which assures protection against death or accidental disability risks. With Credit Life Insurance, your next of kin are not under the obligation to pay your loan debts in unfavourable situations. Once your debt is settled, the remaining amount is paid to your family or loved ones.

What is the validity period for Credit Life Insurance?

Credit Life Insurance is valid for 1 year as of your policy start date.

How can I apply for Credit Life Insurance?

You can make your Credit Life Insurance application via Alternatif Bank Branches. Or  You can sent an email to for detailed information

You can visit your nearest Alternatif Bank Branches

How is the premium amount established for Credit Life Insurance?

Your premium varies according to your coverage amount, age and gender. Your coverage amount is based on the annual outstanding loan balance.

Which loans fall within the scope of Credit Life Insurance?

Consumer Loans, Mortgage and Auto Loans are within the scope of this insurance.

Other Life Insurance

Alternatif Bank has insurance options for every need:

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