Group Credit Life Insurance

The age for joining "Danshin" is from 18 to 72 years old (from 18 to 50 years old for "Cancer Danshin"), and continuation age of insurance is up until birthday of 80 years old.
In principle, all customers who take out a loan are required to subscribe to "Danshin". When the rider of cancer coverage is added, 0.1% will be added on the applicable interest rate of the loan contract.
Please note that you may not be able to enroll in the "Danshin" policy depending on your health conditions or with any other factors.

You will be asked to notify of your health condition, etc. in advance. "Notify" means to tell the bare fact. Please note that the insurance money may not be paid (= the debt may not be covered) if there is any willful misconduct or gross negligence and the fact was not notified or incorrectly notified for insurance contract will be invalidated as "violation of obligation to notify".
"Danshin" can be applied for via "Net De Danshin"^*, a group credit life insurance internet service.

• *This service is available only to those who have a user ID and password provided by SMBC Trust Bank.

SMBC Trust Bank will cover premiums for "Main Danshin".

The day of commencement of coverage is the date of SMBC Trust Bank loan disbursement (borrowing date) or the date on which the life insurance company accepts the customer's insurance enrollment, whichever is later.

The requirements prescribed by the life insurance company for payment of high disability claims are different from the official disability certification standards, etc.

1. When the prescribed requirements are not met during the insurance period
2. If the insured person commits suicide within 1 year from the date of commencement of coverage
3. If the insurance contract is invalidated because of the violation of obligation to notify
4. If the insured person receives a prescribed disability on purpose
5. If the insured person gets injured or becomes ill and falls into the situation of prescribed disability before the date of commencement of coverage
6. If the insured person is killed or gets disabled (as prescribed) by an act of war or other disturbance
7. If the insurance contract is invalidated because of fraud from the insurance policy holder or the insured person
8. If there is an objective to receive insurance money illegally by himself/herself or from others
9. If all or part of the insurance contract is invalidated because the insurance policyholder, the insured person, or the insurance money recipient has the objective to exploit the insurance money and make an insurance accident(s) intentionally, or they come out to fall under Anti Social Force, or any other significant reasons

The Dai-ichi Life Insurance Company, Limited

• *For borrowers who already have a loan with SMBC Trust Bank and are covered by group credit insurance from Mitsui Sumitomo Aioi Life Insurance Campany, there will be no change in coverage.

This page provides an overview of the insurance program "Danshin" for our customers who use our loans with SMBC Trust Bank as the policyholder. This description is not an insurance solicitation.
To enroll in the insurance, please be sure to read "Group Credit Life Insurance Document for Insured Person (Summary of Contract and Information for Attention)" and confirm about insurance accident definition and situations in which insurance money may not be paid.