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 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 that leave you unable to work
- Driving restrictions due to medical reason
- Involuntary unemployment
- Self-employed bankruptcy
- ‘Total Loss’ or write-off of your vehicle
- Permanently disability or death
Learn more about the loan insurance types below, or call our Customer Service team on 1300 361 360.