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What happens in the event of a borrower's death?
What happens in the event of a borrower's death?
Mitch avatar
Written by Mitch
Updated over a week ago

In the event of a Borrower’s death, their estate will assume responsibility for the loan. This situation is typically managed by our collections team in conjunction with the executor of the estate. If the Borrower has Payment Protect and a claim is approved under Complete Cover, the remaining debt will be waived.

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