Last Updated: 13/03/2024
- The Credit Life offer (hereinafter referred to as "the Promotion") is open to South African residents only.
- The Promotion offers DebtBusters clients the opportunity to receive the first three months of Credit Insurance coverage at no cost when successfully replacing their existing Credit Life Insurance policy on their debt. DebtBusters undertakes to refund the cost of the client’s Credit Life insurance premiums for the first three months, on condition that the client meets the qualifying criteria set out under point 3 below.
- To qualify, the client must be 18 years old, be in - and maintain - good payment standing, be employed or have a steady income. The client must also have an existing Credit Life Insurance policy, as this Promotion is limited to Credit Life Insurance policy replacements only.
- This Promotion commences on 1 February 2024 and ends on 30 April 2024. Applications received outside of this period will not be considered for the Promotion.
- Clients who qualify for the Promotion will have the cost of the first three consecutive months of Credit Life insurance premiums covered by DebtBusters.
- The free coverage period commences from the activation date of the Credit Life Insurance.
- To activate the Credit Life Insurance, clients must complete the necessary application process and meet the insurance provider’s approval criteria.
- The insurance provider reserves the right to deny cover based on individual circumstances and risk assessment.
- The Promotion does not cover any additional insurance products or services except for Credit Life insurance.
- Clients may cancel their Credit Life insurance within the free coverage period without incurring any charges.
- Refunds or credits will not be provided for cancellations.
- The Promotion is subject to change or withdrawal without prior notice.
- The Promotion cannot be combined with any other ongoing Promotions or discounts.
- The organizers reserve the right to modify, suspend, or terminate the Promotion at any time and without prior notice, for any reason, including but not limited to technical reasons or if fraud or misconduct is suspected.
- Participation in this Promotion constitutes acceptance of these Terms and Conditions.
- The Promotional offer is non-transferable and cannot be exchanged for cash or any other form of compensation, be it monetary or in kind.
- These Terms and Conditions shall be governed by and applied in accordance with the laws of South Africa.