Things happen. By taking out loan protection insurance, you take the financial and emotional stress out of paying off your vehicle loan, with cover to help you meet your loan obligations in the case of a serious illness, involuntary unemployment, terminal illness or death.
Loan protection insurance can work in two primary ways:
- It can help you with your loan repayments, should there be a time you are diagnosed with a serious illness, are completely injured, undergo involuntarily unemployment or are made redundant.
- Your loan can be completely paid off if you were to pass away or be diagnosed with a terminal illness.
Ensure your family is not financially burdened by repaying a loan by having the right loan protection insurance scheme in place. Chat to our warranties and insurance team today.