One Sure Credit Protection
The ONE Credit Protection Policy provides cover on all forms of debt and financial obligations. It can also be utilised as a credit insurance consolidation policy where you have the comfort of insuring all your various accounts under ONE policy at a competitive rate.
One Financial Services Holdings Pty Ltd (known as ONE) is the holding company of group of financial services companies providing tailored financial solutions to their clients.
One Insurance Underwriting Managers (Pty) Ltd, (ONE SURE) is a leading short term niche underwriter which, after underwriting on behalf of Absa Insurance Company Limited since 1996 and Absa Insurance Risk Management Services Limited since 2010, entered into a partnership with Mutual & Federal Risk Financing Limited with effect from 1st May 2015. In terms of the agreement, ONE SURE underwrite through a cell in Mutual & Federal Risk Financing Limited, a wholly owned subsidiary of Mutual & Federal Insurance Co Ltd, a member of the Old Mutual Group.
Target Market
- Credit Providers.
- Debt Consolidation Companies.
- Debt Counseling Companies.
- Financial Planners/Brokers.
- Micro Finance Companies.
- Companies that extend account facilities.
Debt Categories Covered
- Vehicle Loans.
- Personal Loans.
- Credit Cards.
- Retail accounts – furniture, clothing.
- Debt Consolidation Loans.
- Child Maintenance obligations.
- Private Loans (Person to Person).
- Mortgage Bonds.
Key Benefits
- Death Cover.
- Disability Cover.
- Critical Illness Cover.
- Retrenchment – pay up to 9 months.
Specialist Features
- No medicals.
- Pays creditors directly.
- Transparent and easy to understand.
- Simple claims submission, all accounts covered under ONE policy.
- Easy consolidation of credit insurance polices held with other credit providers.