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Credit Life

Secure your loans and safeguard your family's financial future with Namforce Credit Life Cover. Our comprehensive plan ensures that your loan obligations are fulfilled in the event you are no longer able to do so, allowing your family to maintain the lifestyle you envisioned without incurring financial strain. 

Namforce Credit Life Cover is expertly designed to provide protection and peace of mind for you and your family when taking on significant loans such as study loans, personal loans or hire purchase loans. It ensures that your loans are paid off in the event of your death, disability, or upon contracting a dread disease.

How It Works

Our Credit Life Plan covers loan repayments in the event of death, or permanent disability. The exact benefits you receive will depend on the specific plan you choose. Premiums are payable monthly in advance.



The Namforce Credit Life cover provides comprehensive coverage for a wide range of circumstances including:

Death Benefits
The policy guarantees to settle 100% of the outstanding loan for a deceased member of the scheme.

Total and Permanent Disability Benefits
The policy ensures the settlement of the outstanding loan balance if a member becomes totally and permanently disabled due to an accident, rendering them unable to engage in any occupation for wages or profit.

Critical Illness Benefits
The policy covers the outstanding loan balance if a member is diagnosed with a specified critical illness, such as cancer, stroke, or heart attack, allowing them to focus on their health and recovery without the burden of loan repayments.

Claims Processing and Payments

  • Claim Notification should occur within six months of the member passing away, or for disability benefits, within three months of the last day the member was able to work.

  • A claim form is easily accessible via our website, or request it via email

  • Fill out the form, attach the necessary documents, and send it to

  • Alternatively, you can submit a physical copy to our office at Millennium House, 2nd floor, Windhoek, at the corner of Robert Mugabe Avenue and Dr. AB May Street, Windhoek.

Group Cover

This benefit can be offered on a group basis as well. For ex­ample, creditors that would like to insure their loan portfolios against bad debt due to the deaths of the debtors before loan settlement.

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