credit protection for your personal loan

  • Print this page

Taking out a personal loan to buy that new car, take a tropical holiday or even start those long awaited renovations should make you happy, not add to your stress.

Credit Protection insurance from our partner St Andrew’s offers you some peace of mind by covering your loan repayments if you're unable to due to injury or sickness, or if you suddenly lose your job.

Credit Protection insurance can cover you for the 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 will be met.

With Credit Protection insurance from our partner St Andrew’s, the good news is:

  • claims are quickly assessed and payments are made directly to your loan
  • you’re covered 24/7, not just while you are working
  • after a 30 day excess period on all Accident & Sickness or Involuntary Unemployment claims, regular benefits will be paid until you return to work or the maximum benefit limits are reached
  • involuntary unemployment benefits are paid regardless of any other payouts from your employer.

want to talk to us about protecting your loan?

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 28173 are the issuers of Credit Protection.

The product is not a product of, nor guaranteed by Bankwest. To decide if the product is right for you, please read the Credit Protection Product Disclosure Statement Bankwest will receive a commission payment of up to 20% of the premium for arranging a policy sale. You are free to arrange similar cover with another insurer.

make the switch

Switch to Bankwest


Make the switch to Bankwest, we even provide the tools to make it easier!

useful stuff

Happy Banking: An initiative from Bankwest