Protection for your loan when things don’t go according to plan
Loan Protection covers your loan in the event of Death, Accidental Death, Disability and Involuntary Unemployment. It only adds a little extra to your loan repayment, and it provides some security in uncertain times.
You never know what life will throw at you, but it’s reassuring to know you’ve got things covered.
Choose the type of loan repayment cover to suit you
Death Cover Total outstanding balance paid up to $100,000 in the event of your death. In addition to this, if your death is the result of an accident we will pay your estate an amount equal to the death benefit, up to $100,000.
Disability Plus Cover Monthly loan repayments up to $1,500 per month if you cannot work due to illness or injury with a Cash Boost benefit of 10%.
Involuntary Unemployment Cover Monthly loan repayments up to $1500 for up to 3 months should you lose your job.
You can apply for Loan Protection when you are finalising your loan. For full details, exclusions and conditions please refer to the Product Disclosure Statement.
GE Money insurance is issued by Hallmark General Insurance Company Ltd. (Hallmark General) ABN 82 008 477 647 AFSL 243478 and Hallmark Life Insurance Company Ltd. ABN 87 008 446 884 AFSL No. 243469, both trading as GE Money. Any advice on this website does not take into account your personal objectives, financial situation or needs. You should consider this advice for you, and read the relevant Product Disclosure Statement (PDS) before deciding whether to acquire any of these products.