Learn: Insuring
Insurance is more than a safety net—it’s peace of mind. Let’s help you understand what matters most and why.
What Is Insurance?
Insurance helps protect you and your loved ones from financial hardship. Whether it’s health, property,
life, or business—insurance ensures that unexpected events don’t become overwhelming burdens.
Why You Need Insurance
- To secure your family’s future
- To reduce out-of-pocket expenses during emergencies
- To protect your assets (vehicles, property, etc.)
- To comply with regulatory and employment requirements
Types of Insurance We Recommend
- Life Insurance: Protects your dependents in the event of death.
- Health Insurance (HMO): Covers medical bills and routine care.
- Motor Insurance: Protects against loss or damage to vehicles.
- Micro Insurance: Low-cost cover for low-income earners and small businesses.
Frequently Asked Questions (FAQs)
Is insurance only for the wealthy?
No. GRANTS MFB partners with providers to offer micro-insurance tailored for individuals, families,
and small businesses.
Can I get life and health insurance through the bank?
Yes. We provide affordable life and health insurance plans through trusted partners. Visit any of our
branches or contact us online.
What’s the difference between HMO and Life Insurance?
HMO covers medical expenses while you’re alive. Life insurance provides financial support to your
family if something happens to you.
How do I make a claim?
Claims processes vary by insurance type, but we’ll guide you through every step—from documentation to
payout.