Insurance Duration: equals loan term, max 20 years.
Sum insured: equals the outstanding balance, max 24 billion dongs.
In case the life insured unfortunately dies or suffers permanent total disability, MAP Life will pay the remaining sum of the loan to the bank. The borrower (the life insured) and his/her family will be released from the financial burden that s/he owes the bank.
Be insured right after the disbursement of the loan.