Everyday life events can impact your ability to meet your loan repayments and you need to consider whether you have the capacity to service your loan without undue hardship.
Loan Repayment Protection is designed to provide you with financial assistance where you have suffered a serious illness or injury that is likely to prevent you from making your loan repayments for a period of time.
To find out just how affordable it really is call us for a free quote or email us via our Contact page.
Loan Repayment Protection benefits at a glance:
- Pays a benefit for 52 crisis events with the benefit ranging from 6 to 36 monthly benefits
- Cover is flexible – you can reduce monthly benefit on application to a minimum of $1,000
- Optional Death & Terminal Illness cover of up to $750,000
- Up to 3 monthly benefits for involuntary unemployment occurring within the first 12 months of the policy
- 30 days free cover – valuable time for you to evaluate your protection needs
- No medicals required and cover available for all occupations
- Benefits are paid direct to you and can be used for any purpose