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Credit
Insurance Program
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For Application requirement the following:
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* Proposal's form's ( life + credit)
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* Justification of insurance
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* proof for the last 3 salaries
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* copy of registrar for trader's & companies
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* Purchase items & specifications
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N.B: in case of approval hire purchase clauses forming part of acceptance
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Rate/ Premium ( life and credit ) applicable on credit limit/loan
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(A)
Credit
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(B) Life
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(C)
Credit
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IN CONJUSTION WITH PIN NUMBER
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Monthly : credit insurance premium 0.20% applied on a monthly basis on
the
balance shown on the monthly statement
N.B:
W e suggest that fees- frais accesoires do not exceed 35%
Management
fees ( C.S & T) T.B.A
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Territorial limits : republic of Lebanon only
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Warranties wherever are applicable ( compulsary)
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* Life Insurance
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* Total Loss Motor Insurance
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* Fire & Allied perils ( Blg& CTs)
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Conditions:
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all applications are to be submitted to the U/D with the suggested requirement / limits prior
to acceptance, the U/D reserves the right to acceept or decline the customer or to change
the suggested limit |
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all Documents used by the applicant/ insured i.e applications forms, contract etc… are to be
approved by U/D |
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The application is subject to special authorization for eaach and every transaction/
approval whether electronically or manually |
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The U/D reserves the right to suspect details / items and alike related to each and every
applicant |
Important Notice: the policy holder hereby agrees to keep all aspect of the cover provided confidential and
further agrees that the terms and conditions of the policy if approved shall not be made known to any of the
insured persons nor to prospective persons applying for a loan nor to any other third party, the policy holder will
assume all consequences of any breach of this confidentiality on their part.
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Tariff for used cars
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Click
here to apply online
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