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Loan Insurance

Home and personal loans can add up to be substantial financial commitments, so it makes sense to consider Loan Insurance. This insurance offers you and your family the security of knowing that, should the unexpected occur your loan repayments can be taken care of. Essential Cover Loan Repayment looks after your home and personal loans. 

 

FeaturesEssential Cover Loan Repayment
To cover: Home loans and personal loans
Life benefit Lesser of the loan balance at the date of death or $500,000
Disablement and Hospitalisation benefit Up to $210,000 for disablement and up to $6,000 for hospitalisation
Involuntary employment benefit Up to $15,000
Trauma benefit Up to $50,000
Premiums financed with loan or product

 

In addition:

  • Insurance cover is tailored to meet your needs.
  • The insurance service centre is available to phone 24 hours a day, 7 days a week.

 

Products issued by Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance. Life and Trauma Insurer: AMP Life Limited ABN 84079300379 AFSL No. 233671

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