It's hard to imagine that you or your partner could become sick or injured and be unable to work, or that you could suddenly lose your job. Hardest of all to imagine is that one of you might die. If the worst was to happen, could you and your family continue to meet your loan repayments? MemberCare Loan Protection Insurance covers your loan repayments or may even pay out your loan for you should you become sick, involuntarily unemployed, are unable to work or die, with affordable premiums packaged into your loan.
There are three types of Loan insurance depending upon your situation: MemberCare Loan Insure--personal loan protection | FEATURES | PERSONAL & CAR LOAN PROTECTION | | Cover in the event of death | Up to $250,000 | | Cover in the event of defined trauma | Up to $50,000 | | Cover in the event of disability | Up to $1,500 per month | | Cover for involuntary unemployment | Up to $1,500 per month | | Premiums financed with loan | Yes |
MemberCare Mortgage Insure--Life Protection | FEATURES | MORTGAGE PROTECTION | | Cover in the event of death | Up to $500,000 | | Cover in the event of defined trauma | N/A | | Cover in the event of disability | N/A | | Cover for involuntary unemployment | N/A | | Premiums financed with loan | payable monthly or annually |
MemberCare Mortgage Insure--Living Benefits | FEATURES | MORTGAGE PROTECTION | | Cover in the event of death | N/A | | Cover in the event of defined trauma | Up to $50,000 | | Cover in the event of disability | Up to $3,000 per month | | Cover for involuntary unemployment | Up to $3,000 per month | | Premiums financed with loan | payable monthly or annually |
For copies of the Product Disclosure Statements (PDS) please select from the following: Loan Insure Policy Living Benefits Policy Insure Life Protection Policy At Claims Time
We know how difficult it is when the time comes to make a claim, so QBE have made the claims process as easy and stress-free as possible. The Claims Service Centre is accessible Monday to Friday, 8.30am to 5.00pm EST and the claims team will be there to support you throughout the claims process.
For more information or to obtain a quote for insurance, please call us on 6362 4466 during business hours. * Terms and Conditions apply. Before making a decision about you insurance needs, please refer to the Product Disclosure Statement available by calling Orange Credit Union AFSL 240768 issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 AFS Licence 239545 and QBE Life (Austalia) Limited ABN 83 089 981 073 AFSL 245492. As any advice on this website is prepared without consideration of your personal objectives, financial situation or needs, before acting on this advice and acquring this product, you should consider if it is appropriate to your circumstances. Fees, charges, terms, conditions and lending criteria apply. We will receive commissions of 20% of premiums for new insurance. |