Features & benefits

  • New applications for Home Loan Protection are no longer accepted. 

  • Cover your repayments with Loan Repayment Cover

    Can pay your minimum monthly home loan repayments every month (for up to 12 months) until you return to work if you're unable to work due to an injury or illness or because you lose your job involuntarily.

  • Loan Cover pays all or part of your balance

    • Can pay a lump sum of up to $75,000 off your home loan if you're diagnosed with a medical trauma

      Trauma cover conditions are: 
      • Cancer
      • Coronary artery disease requiring bypass surgery
      • Heart attack
      • Stroke

    Trauma conditions have specific meanings and a benefit is only payable if you meet the precise meaning of the definition set out in the Home Loan Protection Product Disclosure Statement and the Loan Protection Medical Definitions Reference Guide.

    • Can pay off your remaining home loan up to $750,000 if you pass away
  • Flexible cover options for both types of cover

    • Reduce your premium by choosing to cover 25%, 50% or 75% of your repayments and loan balance
    • Conveniently cover one or all home loan borrowers under the one policy


How to make a claim

  • Call AIA Australia on 13 3982  between 9am-5pm, Mon - Fri (AEST/AEDT).

Things you should know

  • #Loan and age eligibility requirements and other limitations and exclusions may apply.

    Home Loan Protection is issued by AIA Australia Limited ABN 79 004 837 861 AFSL 230043 (AIA Australia). AIA is not part of the Commonwealth Bank of Australia (CBA) Group of companies. CBA and its subsidiaries do not guarantee the obligations or performance of AIA Australia or the products it offers. A Home Loan Protection Disclosure Statement (PDS) is available online or by calling 13 3982, and should be considered in making any decision about loan protection insurance.