Loan Protection Insurance is designed to help you meet your loan repayments should you:
- Suffer an illness or injury that means you are unable to work
- Become involuntarily unemployed
- Experience a trauma such as a heart attack, coronary artery surgery, stroke or cancer
- Die, whereby the outstanding balance of your loan is paid out*
When applying for your next loan, ask your loan consultant about protecting your loan.
* Subject to Swann Insurance underwriting guidelines. The amount paid on a claim is measured by reference to your credit limit and is subject to the benefit limits set out in the Product Disclosure Statement. Loan Protection Insurance is issued by Swann Insurance (Aust) AFSL 238292. You can obtain the current PDS from this website or Swann or any office of ECU Australia.
