Do I need to have a CommBank loan to get Loan Protection?

See all Loan protection FAQs

Last updated 27 August 2014


Yes, you need to have a Commonwealth Bank home loan or personal loan to apply for Loan Protection. It’s not available to cover loans from other financial institutions.

 


Important information: This advice has been prepared without considering your objectives, financial situations or needs. Before acting on the advice, please consider its appropriateness to your circumstances.

Loan Protection is issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA) and is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124.  A Product Disclosure Statement (PDS) for Loan Protection is available online, from any Commonwealth Bank branch or by calling 13 3982 and should be considered in making any decision about Loan Protection. You can also download our Financial Services Guide (FSG).

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