The best part is that if you already have a life insurance policy in force and if you want to take a credit you don't need to take out another life insurance policy. 😃 

You can quickly opt to assign your existing policy to the bank.

❗⠀The onlycondition you have to take into account is that the policy must be taken out for a period at least equal to the duration of the loan and that the sum insured covers the amount of the loan 👍