An overdraft is a useful tool to help manage your cashflow, but you should always be in control of it. If you were suddenly unable to earn an income, you’d want to make sure your overdraft was paid back so your family wouldn’t have to worry.
With our overdraft insurance we’ll pay off your overdraft balance if you pass away, become disabled or are retrenched. This will give your family peace of mind knowing they won’t need to cover your repayments if you can’t.
With Nedbank’s overdraft insurance, you'll have a financial safety net when you really need it most.
You can take out our overdraft insurance if you're between the ages of 18 and 64.
Overdraft insurance is right for you if:
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