Yes, you can. At Fido, we understand that our customers may qualify for more than one type of insurance based on their activity and credit profile. That’s why it’s possible to have both Credit Life Insurance and Climate Disaster Insurance active at the same time.
Here’s how it works:
- Credit Life Insurance: This policy is automatically applied when you take a credit above GHS 2,000. It provides coverage throughout your credit tenure.
- Climate Disaster Insurance: If you qualify for this insurance, you’ll also be covered against natural disasters such as floods, droughts, or windstorms that affect your business.
Both insurances serve different purposes; Credit Life Insurance protects your credit, while Climate Disaster Insurance offers financial support if a disaster affects your livelihood.
Fido pays separate premiums for each insurance policy on your behalf, so you don’t need to worry about any extra charges.
With Fido, you can rest easy knowing you’re fully protected, at no additional cost to you.