Mortgage Protection Insurance

A new roof over your head?  Cover your home loan at the same time

A nest, a castle, a crash pad or a retreat?  A new home represents something different to everyone.  But for nearly all of us, it will become one of our most significant assets.

And for all the buzz and pleasure in buying a new home, there’s also a fair amount of stress, not least in taking on the responsibility of a mortgage – usually a long-term commitment.  Because we all know that down the track, life’s magic moments may be tempered with some not so happy, but equally major, events.

Competitive, convenient cover, backed by QBE

Mortgage Protection Insurance is one of a comprehensive range of insurance solutions South West Credit offers through our association with QBE Insurance.

Founded in 1886, QBE is one of Australia’s leading insurers.  It’s because of QBE’s experience, security and strength – as well as it’s prompt, efficient and friendly claims service – that we’ve made it our exclusive general insurance provider.

This partnership enables us to deliver South West Credit members great value and quality insurance products, with all the convenience of still keeping your finances under the same roof.

A choice of cover options

Depending  on your own circumstances and dependents, you can tailor your Mortgage Protection policy to provide cover in a range of situations.

Life
In the event of your death, either the original balance of your mortgage or an amount selected by you will be paid.

Trauma
You are automatically covered up to $10,000 in the event of major diagnosed diseases and conditions, including chronic kidney failure, heart attack, coronary artery surgery, stroke, major organ transplant and cancer. It’s not a mortgage repayment, but an additional benefit proportionate to the amount of cover you select. You may elect to increase this cover to a maximum of $50,000.

Disability
If you become unable to work due to illness or injury, this ensures your monthly loan repayments will be met.

Involuntary Unemployment
Should you involuntarily lose your job, this cover will meet your repayments for up to 90 days.

More Information

Questions?

If you have any questions, or to get a free quote please contact us