Mortgage Protection Insurance
Have you considered how you (or your partner) would meet your loan repayments if you lost your job, suffered a serious illness, or died.
Taking on a home loan is a huge financial commitment. We all hear almost daily of friends impacted by illness and unemployment, and the hardships then faced by their family. It is important to us that our customers all consider the implications the above will have on you and your family.
As part of the benefits we can deliver to our customers, we can arrange Low Cost cover to ensure you are covered for:
- Involuntary unemployment
- Trauma cover – Cover for 11 serious medical conditions
- Death and Terminal illness
And even better news: whilst the cover is generally aligned initially to your loan mortgage amount, your cover remains unchanged (and can be later increased over time), even though you may pay down (or even refinance) your home loan. And, unlike most other Insurers, any payout/claim goes to you direct, not to the Lender. Protection for your future.
Select Finance and ALI Group
Please take a moment to look at a video from our partners at ALI Group about the importance of Mortgage Protection Insurance.