Loan insurances are there to cover you and your family financially in the event the unexpected happens and you can no longer meet your loan repayments or the pay the balance of your loan. Often without warning your financial situation can change dramatically resulting in excess financial stress and burden during already difficult times, including:
- Accidents, injuries or trauma leaving you unable to work
- Driving restrictions due to medical reason
- Involuntary unemployment
- Self-employed Bankruptcy
- ‘Total Loss’ of your vehicle
- Permanently disability or death
Learn more about the loan insurance types below, or speak to one of our Finance Specialists.