Taking out a personal loan to buy that new car, taking a tropical holiday or even starting those long awaited renovations should make you happy, not add to your stress.
Credit Protection insurance from our partner St Andrew’s can help with your loan repayments if you’re unable to meet them due to unexpected events in life like involuntary unemployment, illness, accidental injury and death. It means that if you are faced with some of life’s unexpected problems, Credit Protection insurance can give you the comfort of knowing that your loan repayments can be met.
With Credit Protection insurance from our partner St Andrew’s, the good news is:
Subject to eligibility, you can now choose from 6 cover options for Credit Protection for Mortgages and Personal Loans. The benefit options are:
Please note: Involuntary Unemployment cover is not available as a standalone option.
If you are on a permanent, self employed, casual or fixed term contract and work at least 20 hours per week you can apply for cover. Please refer to the Product Disclosure Statement for details.
Credit Protection is issued by St Andrew’s Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL 239649 and St Andrew’s Life Insurance Pty Ltd ABN 98 105 176 243 AFSL 281731 (collectively referred to as St Andrew’s) and is distributed by Bankwest. The product is not a product of, nor guaranteed by Bankwest. Any advice provided is general only and is not based on any consideration of your objectives, financial situation or needs. To decide if the product is right for you and for full details of the terms, conditions, limits and exclusions that apply to Credit Protection, please read the Product Disclosure Statement (PDS). A PDS is available from your nearest Bankwest store. St Andrew’s is not an Authorised Deposit Taking Institution. Bankwest will receive a commission payment of up to 20% of the premium for arranging a policy sale. This is optional insurance and you are free to arrange similar cover with another insurer.