What are the key coverage benefits of Borrower Protection?
Unlimited Online Consultation
Get unlimited online consultations for FREE in case of medical
difficulties.
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Installment Waiver
We will pay your installment(s) in case you're hospitalized or
affected by catastrophic event.
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Life Coverage
We will provide financial assistance to your beneficiaries and pay
for your remaining loan balance in case of untimely passing.
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Accident Medical Bill Reimbursement
We will help pay for your medical bills in case of an accident.
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What does the Borrower Protection cover?
Online Enrollment
Unlimited Online Consultation
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Online Enrollment
Step 1: Notify Home Credit Philippines
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Online Enrollment
Installment Waiver
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Online Enrollment
Life Coverage
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Online Enrollment
Accident Coverage
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Online Enrollment
Accident Medical Bill Reimbursement
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Online Enrollment
Step 2: Know your requirements
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Online Enrollment
Step 3: Submit all the documents & wait for the feedback
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Online Enrollment
Unlimited Online Consultation
Learn more
Online Enrollment
Step 1: Notify Home Credit Philippines
Learn more
Online Enrollment
Installment Waiver
Learn more
Online Enrollment
Life Coverage
Learn more
Online Enrollment
Accident Coverage
Learn more
Online Enrollment
Accident Medical Bill Reimbursement
Learn more
Online Enrollment
Step 2: Know your requirements
Learn more
Online Enrollment
Step 3: Submit all the documents & wait for the feedback
Learn more
Sample computation of pricing
Sample computation of pricing
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Sample computation of pricing
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Cancellation 5 days or less before due date
Cancellation 5 days or less before due date
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Cancellation 5 days or less before due date
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Cancellation more than 5 days before due date
Cancellation more than 5 days before due date
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Cancellation more than 5 days before due date
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Frequently Asked Questions
I have an existing loan, but I didn’t avail Borrower Protection Plan
back then, can I avail now?
Unfortunately, you can ONLY avail Borrower Protection coverage at
the same time upon applying for your loan.
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Can I choose someone who isn't a family member on the first degree
as my beneficiary?
It's best to choose a first-degree family member as your beneficiary
for quicker processing. In special situations, you can select
someone else, but you'll need to provide proof of your relationship
when making a claim.
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Is there an age requirement for the Beneficiary?
There is NO age requirement to qualify as a beneficiary.
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Do I need to pay for any processing fee when claiming?
Processing of your claim has absolutely NO FEES & CHARGES.
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What happens when the claim is approved?
Once your claim is approved, the check payment will be prepared and
sent by our partner provider. Keep your lines open as the courier
may contact you to deliver it to your registered address.
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Who is allowed to receive the claim payout?
The claim payout can ONLY be received by the Beneficiary. If the
beneficiary can't be present, he/she can leave a signed letter with
their ID copy for an authorized person, who also needs to show
his/her ID.
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