Idris Gaya Ado had been a customer of Credit Direct Limited (CDL), but unfortunately in June this year he passed away following a cardiac arrest.
In partnership with MicroEnsure and Cornerstone Insurance, all borrowers automatically receive Life and Health Insurance when they receive loans from CDL.
Garba Idris, Idris’s brother and beneficiary, was aware of the insurance cover his brother had with the CDL loan. He contacted the Kano branch where Idris had taken out the loan and with the support of the Loan Officer, he was able to submit the required documents for a claim.
A few days later Garda was asked to visit the branch where he was presented with a cheque for NGN 100,000 ($250 USD). Garba was really pleased with how easy the process for submitting documents was and how quickly he received the money.
When he received the cheque, Garba said, the cash benefit will go a long way to support his family financially. Because his brother was the eldest in the family and the main bread winner, the family now needs all the support they can get.
You can contact MicroEnsure Nigeria today to find out more about the Credit Direct Loan and Insurance +234 701 959 9999