Loan Protection Insurance

Loan Repayment Insurance

Loan Protection Insurance is designed to help with your loan repayments in the event an unforseen event occurs, such as your death, disability or involuntary unemployment.

There are two types of insurance to choose from based on your loan:

Personal Loans - Allianz Loan Cover Insurance

Cover for your personal loan repayments up to the policy limits.

Depending on the cover you apply for, key features include:

Mortgages - Allianz Five Year Mortgage Repayment Insurance

Cover for your home loan repayments up to the policy limits.

Depending on the ocver you apply for, key features include:

Questions?

If you have any questions, please contact your local branch at

Important Information

Read our Loan Cover Insurance Product Disclosure Statement, Five-Year Mortgage Repayment Insurance Product Disclosure Statement for more detailed information.

It is important that you understand that this insurance is optional and you can only purchase this insurance if you have a loan.

Please note you are entitled to a 30-day cooling off period should you change your mind about this insurance once you have purchased.

How to claim

You can make a claim by calling us on 1300 362 108 between 8.30am - 5.30pm Monday to Friday, Australian Eastern Standard Time excluding public holidays.

Disclaimers

Central Murray Credit UInion ABN 69 087 651 812 AFSL 239446 arranges this insurance as agent of the insurer Allianz Australia Insurance Limited (“Allianz”) ABN 15 000 122 850 AFSL 234708. Allianz is the insurer of the Disability cover (Part 2) and Involuntary Unemployment cover (Part 3) and is only responsible for these covers. Allianz Australia Life Insurance Limited (“Allianz Life”) ABN 27 076 033 782 AFSL 296559 is the insurer of the Death cover (Part 1) and is only responsible for this cover. Allianz acts as Allianz Life’s agent in offering and administering the Death cover.

We do not provide advice on this insurance based on any consideration of your objectives, financial position or need. Policy terms, conditions, limits, exclusion, eligibility criteria and underwriting criteria apply. Before making a decision please consider the relevant Product Disclosure Statement available on our website. If you purchase this insurance, we receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services. Where insurance premium is paid as part of a loan payment, interest will be payable on that premium.