We are deeply saddened by the passing of Vikrama Chand of Nabekavu Waiqele Labasa (Waiqele Sector/Farm Number-10212) a valued grower and customer of SCGF of Our thoughts and condolences goes out to his family and loved ones during this difficult time.
As part of our commitment to supporting our growers financial well-being, we are pleased to announce that our partners Capital Insurance has successfully processed the Mortgage Protection Insurance (MPI) claim for Vikrama Chand. The insurance coverage will help to reduce the outstanding by $14,296.16; providing financial relief to his family, under the proportionate loan coverage for the joint loan amount with his spouse.
We understand that this is a challenging time for the Chand family and we want to assure them that we are committed to providing support and assistance throughout the claims process. Our Mortgage Protection Insurance is designed to help, protect growers and their loved ones from unforeseen circumstances and we are proud to offer this valuable benefit to our customers. The single rate insurance premium is paid by SCGF and the growers have options to have for additional account holders.
We take this opportunity to thank Capital Insurance for the swift process and true partnership.Mortgage Protection Insurance works by paying off the outstanding mortgage balance if the grower passes away or becomes disabled. This type of insurance provides sweet peace of mind for growers, knowing that their loved ones won’t be burdened with mortgage debt in the event of their passing.
Raj Sharma
Chief Executive Officer