Can pay your minimum monthly personal 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.
Pays off your balance
Pays off your remaining personal loan balance up to $50,000 if you're diagnosed with a medical trauma or if you pass away.
New applications for Personal Loan Protection are no longer accepted from 7 June 2018.
Existing Personal Loan Protection customers will continue to be covered for claimable events for the life of the policy.
If you have any questions or want to make a claim, please call 13 3982 between 9am-5pm, Mon - Fri (AEST/AEDT).
How much does it cost?
$25 per month for all eligible customers.
Your premium includes stamp duty and you don't have to pay GST on it.
How to make a claim
Can you claim?
You're working more than 15 hours a week on average and your employment is non-seasonal
You lose your job involuntarily. You will not be able to claim if you quit your job, retire or accept voluntary redundancy
Your claim is caused by an injury or illness of which you have symptoms after your policy starts (i.e. you first received medical advice, treatment or consultation for the injury or illness after your policy started)
A trauma benefit will only be payable if you meet the precise meaning of our medical definitions.