Loan Protection Insurance Whatever life brings, your commitments will be met
One less worry should things take a turn for the worse
Credit Union SA Five Year Mortgage Repayment Insurance, Loan Cover Insurance and Continuous Credit Insurance, issued by Allianz Australia, provide peace of mind for you and your family, knowing that should the unforeseen happen, your credit card, personal loan or home loan commitments can still be taken care of.
The premium is simply added to the overall loan amount and covered in your repayments.
You can choose any of the following combinations of cover:
Death, disability and unemployment
Disability and unemployment
Death and disability
We pay up to the net balance due and payable under the loan agreement as at the date of death.1
We will cover up to your monthly loan repayments for a set period of time or until the loan is repaid.1
Cover for your monthly loan repayments for up to 120 days if you are made involuntarily unemployed.1
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Credit Union SA Ltd ABN 36 087 651 232 AFSL/Australian Credit Licence Number 241066 arranges this insurance as agent for Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFSL 234708. Allianz is the issuer of “Part 2 - Disability cover” and “Part 3 - Unemployment cover” and Allianz Australia Life Insurance Limited (Allianz Life) ABN 27 076 033 782 AFS Licence No. 296559 is the issuer of “Part 1 - Death cover”. Allianz acts as Allianz Life’s agent in offering and administering the Part 1 - Death cover. We do not provide advice on this insurance based on any consideration of your objectives, financial position or need. 1Policy terms, conditions, limits, exclusion and underwriting criteria apply. Before making a decision please consider the relevant Product Disclosure Statement. If you purchase this insurance, we receive a commission that is between 0% and 20% of the premium. Ask us for more details before we provide you with services.