Ease the financial burden
Loan repayment insurance provides you with the security of knowing your monthly loan repayments will be paid on your behalf if you are unable to meet your commitments. It’s all about easing the financial burden for you and your family in your time of need.
What does loan repayment insurance cover?
- Sickness or accident
Your loan repayments will be covered if you have an accident or become ill and can’t work.
- Involuntary unemployment
If you unexpectedly lose your job, your loan repayments will covered until you become employed again.
- Medical trauma
Your loan repayments will be covered if you suffer a medical trauma such as a heart attack.
In the event of your death, Life insurance will repay your outstanding loan balance.
Read the Product Disclosure Statement (PDS)