Loan Protection or Consumer Credit Insurance from MyState ensures that you have the cover you need for your loan repayments or Line of Credit at an affordable cost.
Underwritten by CGU Insurance, the Essential Cover Loan Repayment Protection cover allows you to cover all or part of your personal loan repayments, it also provides you with the security of knowing that your major financial commitments will be taken care of in the event of unforeseen circumstances, such as accident or injury.
For those that share the commitment of loan repayments with another family member, joint cover is available at a reduced premium*.
Types of Loan Protection cover available include:
- Life Cover
- Cash Assist (Trauma) Cover
- Involuntary Unemployment
- Disablement
To find out more about Loan Protection Insurance call MyState on 138 001, or visit your nearest Branch and speak to one of our experienced and friendly staff.
*Conditions apply.