FWD Life Insurance Corporation (FWD Philippines) has introduced Group Credit Life Insurance (GCLI), offering small financial institutions protection from unpaid loans due to loss of life, critical illness or total and permanent disability of borrowers.

Small lending institutions like thrift and rural banks, credit and loan facilities, and other financial institutions with at least 20 borrowers can make use of GCLI, which has been designed to keep their business secure by providing loan and credit protection.

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