Looking to build, buy or refurbish? A dream... and a question of money. But also of uncertainty, given the risks that life brings and everything that can happen to household income.
What is Loan Protection Insurance?
Loan protection insurance covers repayment of the balance of your home loan if you die unexpectedly. You decide on the percentage of the sum borrowed that you want to insure.
- Protection: your loved ones and your assets, including your home, are protected if the insured person dies.
- Up to 4 months' free cover
- Tax break: we ensure that you get the maximum tax break on your Home Loan, including the premium(s) for Loan Protection Insurance.
- Freedom of choice: you are free to choose how you pay your premium.