Life Insurance

 

Cover Type Benefit Payment Type Insured Events Possible purposes
5 Year Mortgage Repayment Insurance Monthly mortgage repayments Death, Disability, Involuntary Unemployment
  • To assist the insured with their mortgage repayments in the event the insured becomes disabled or involuntary unemployed. Pay out loan balance in the event of death (subject to limits)
Loan Cover Insurance Monthly loan repayments Death, Disability, Involuntary Unemployment
  • To assist the insured with their personal loan repayments in the event the insured becomes disabled or involuntary unemployed. Pay out loan balance in the event of death (subject to limits)

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.