Two homeowners who were covered under Housing Authority’s Mortgage Protections Insurance Policy have returned home from India after a successful surgery.
59-year-old Kamal Kishore of the new subdivision at Tacirua was suffering from cardiac problem while 49-year-old Asmuk Chand of Waiyavi, Lautoka had a tumor.
The surgery was covered under the Health Insurance Policy which is an extension to the MPI policy.
Kishore said he was lucky he had the insurance by Housing Authority as he could not have been able to afford the operation.
Currently, 5,642 homeowners are covered under the Housing Authority’s Mortgage Protection Insurance Policy.
Under the MPI policy, customers who have opted for this policy suddenly dies either by accident or natural causes or suffers from total and permanent disability will be eligible to have their properties paid off subject to the cover type.
With respect to the Health Insurance cover, it ensures that if a Housing Authority home owner who has also chosen this cover and is currently paying through their repayments is diagnosed with a cardiac condition or cancer and is able to meet other requirements may be able to receive treatment in India.
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