Consumer Credit Insurance
Protect yourself against the unexpected.
What is Consumer Credit Insurance and why you might need it.
Consumer Credit Insurance (also known as Loan Protection Insurance) covers your loan repayments in the event you are unable to, due to the unexpected.
For instance, if you made redundant, injured or in an accident causing a disability or death, your Consumer Credit Insurance (CCI) will cover your minimum monthly loan repayments (up to the limit of your selected level of cover) to meet your financial obligations. This type of insurance is specific to the loan and is different from Income Protection or Life Insurance).
BENEFITS OF CONSUMER CREDIT INSURANCE:
- Reduces the risk of any unnecessary or additional stress on you and your family in the event you are unable to work.
- Provides peace of mind that your financial commitments will be met in the event of:
- Accident or Injury
- Involuntary unemployment
360 Finance can provide Consumer Credit Insurance at competitive policy premiums from some of Australia’s leading insurers.
Call our Customer Service team on 1300 361 360 to learn more.