SPAKCCU

  • Accra. Caprice, Adjacent the St Pauls Kpehe Catholic Church
  • info@spakccu.com
  • 054-449-9195
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Loan Protection Plan

OUR SERVICES

About Loan Protection Plan (LPP)

Our Loan Protection Plan is an insurance-backed service designed to protect both members and the Credit Union from the burden of unpaid loans in the unfortunate event of death or permanent disability. With this plan, members can borrow with peace of mind, knowing their families won’t be left with debt obligations.

OUR SERVICES

The Benefit of Loan Protection Plan (LPP)

  • Relieves your family from loan repayment burden

    Your loved ones won’t inherit loan repayment obligations if the unexpected happens.

  • Encourages responsible borrowing with peace of mind

    Borrow with confidence, knowing you’re financially covered.

  • Automatic coverage for qualified members

    Eligible members are covered automatically—no extra steps required.

  • Safeguards your savings and deposits

    Prevents your savings from being used to offset unpaid loans.

  • Protects the financial health of the Credit Union

    Strengthens the financial stability of the Credit Union.