Valu partners with AXA Egypt to insure over EGP 13B in customer balances

Valu has partnered with AXA Egypt to provide credit life insurance to more than 500,000 existing customers, covering outstanding balances exceeding EGP 13 billion, as per an emailed press release.

Effective immediately, the policy covers death and permanent disability, with AXA settling outstanding loan balances to protect customers’ families from the debt…