Microinsurance

RCDP offers insurance services to low-income households, establishing essential social safety nets for times of need. The life insurance provided through RCDP includes coverage for the outstanding loan amount, ensuring that any remaining debt is settled. Additionally, in the event of the client’s death, a funeral benefit of PKR 7,000 is paid directly to the client’s family. This comprehensive insurance solution not only safeguards against financial burdens but also provides crucial support during challenging times.

By offering this insurance, RCDP aims to provide financial security and peace of mind to low-income families, ensuring that they are not left vulnerable in the face of unexpected events. The coverage is designed to address both the immediate financial obligations of outstanding loans and the practical needs associated with funeral expenses. This approach reinforces RCDP’s commitment to building resilient communities by offering a safety net that supports clients and their families during difficult periods. Through these measures, RCDP strives to enhance the overall well-being and stability of the households it serves.

RCDP’s insurance program is designed to provide crucial support to low-income households, ensuring they have a reliable safety net in times of need. The coverage includes full repayment of any outstanding loan amounts upon the client’s death, alleviating the financial burden on the family. Additionally, a funeral benefit of PKR 7,000 is provided, addressing immediate expenses related to burial or funeral arrangements. This comprehensive approach not only helps manage the financial impact of unforeseen events but also contributes to long-term stability and security for families. By integrating these insurance benefits, RCDP reinforces its dedication to fostering resilient and secure communities.