What might happen to your home if, for some reason, you were unable to pay your bond? This is essential to consider when buying a property. You and your family need to know that future home loan repayments can be met.
The ooba Bond Protector provides bondholders and their dependants with comprehensive cover in the event of death, disability, dread disease or retrenchment.
For as little as 3% of your monthly bond repayment, Bond Protector gives you and your dependants excellent security during times of unforeseen financial difficulty.
Our Bond Protector package is structured so that your monthly premium will not increase for the duration of the bond.
No medical clearance is required - you qualify for cover up to R1.25 million (pre-existing conditions are excluded).