Instant Financing Service

At Tamweelkom, we strive to provide optimal support to our clients by offering an instant financing insurance service. This involves adding a one-time life insurance policy for the client, covering the entire financing term (rather than a monthly premium). The insurance cost is deducted from the disbursed financing amount—similar to the one-time credit granting commission—and includes the following benefits:

Insurance coverage for instant financing:

* Loan balance at the time of death, up to a maximum of 250 JOD for a 5-month term (plus interest and penalties).
* Loan balance at the time of death, up to a maximum of 500 JOD for a 10-month term (plus interest and penalties).