Payment Protection covers your weekly loan repayments if a covered event occurs. It only costs a few dollars a week and for peace of mind it's well worth it if the unthinkable occurs. Covered events can include:
· Death
· Illness
· Accident or
· Redundancy.

Major Benefits and Policy Features
· Coverage of persons aged 18 to 65 for Death, Illness, Accident (63 for Redundancy)
· Coverage of loans up to $20,000, for the period of the loan
· 170 Days coverage for redundancy and a maximum of $10,000 for each redundancy claim
· Covers you if you change jobs (with most other policies you will lose your cover)
· Rebated PPP premium if you pay back your loan early (early settlement).
· Plain English policy wording

Your options
· You can show us you already have sufficient approved cover; OR
· You can arrange cover through us.