Loan Repayment Insurance allows you to cover your loan repayments, providing you with the security of knowing that if certain unforseen events happen, your major commitment will be taken care of.

Loan Repayment Insurance for your Mortgage

Essential Cover Insurance gives you financial peace of mind that, should the unexpected happen, for example sickness or accident, your mortgage loan repayments will be met for up to 30 months. If you should die, your outstanding loan will be paid off. Essential Cover Insurance is underwritten by Swann Insurance, one of Australia's leading insurance companies.

A range of cover options are available, so we can tailor your policy to suit your needs.

Benefits:

• No medical examination is required to qualify for insurance unless you suffer a serious health problem or need cover above our automatic limit
• Premiums can be included in your loan
• Monthly instalments are available
• Amateur or professional sports (excluding professional motor racing) are covered
• Joint cover is available at a reduced premium for the second borrower
• Work-related injuries are covered
• Your policy will pay in addition to other benefits such as Workers' Compensation, etc.
• Cover if you become Involuntary unemployed - please refer to the policy booklet for full details

Loan Repayment Insurance for your Personal Loan

Loan Repayment Insurance gives you financial peace of mind that should the unexpected happen, for example sickness, accident or death, your personal loan repayments will be met.

A range of cover options are available, so we can tailor your policy to suit your needs.

Benefits:

• No medical examination is required to qualify for insurance
• Premiums can be included in your loan
• Monthly instalments are available
• Amateur or professional sports (excluding professional motor racing) are covered
• Joint cover is available at a reduced premium
• Work-related injuries are covered
• Your policy will pay in addition to other benefits such as Workers' Compensation, etc.

_{This is general advice only and does not take into account your individual objectives, financial situation or needs ('your personal circumstances'). Before using this advice to decide whether to purchase Loan Repayment Insurance, you should consider the appropriateness of it having regard to your personal circumstances, plus obtain and consider the current Product Disclosure Statement and Insurance Policy (PDS)}

_{Loan Repayment Insurance is issued by Swann Insurance (Aust) Pty Ltd ABN 80 000 886 680 AFSL 238292. Macarthur Credit Union provides Loan Repayment Insurance products as an agent for Swann Insurance. A PDS is available from Macarthur Credit Union. Please refer to the PDS in deciding whether the Loan Repayment Insurance product is appropriate for you.}

More Information

• Learn more about Swann Insurance

Questions?

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