A change in your health or loss of your income can leave you struggling to make your loan repayments. Loan repayment insurance protects you against the unexpected by paying some or all of your loan payments.
Loan Protection Insurance could be there to help you in the follow scenarios:
1)Â Helps cover your loan repayment obligations if you lose your job or are unfit for work due to sickness, injury, or disease.
2) Pays the balance on your loan should you die and leave the debt of your boat loan or jet ski loan for your family to repay.
3) Your premiums can be included as part of the amount you borrow.
To find out exactly what you’re covered for and to read all the small print, just ask one of our Accredited Insurance Consultants to provide you with a product disclosure statement.