Loan protection
Life does not always go as planned. If circumstances change, your loan will still need to be paid, even if the unforeseen events occur.
So it’s good to know that LFI Loan Protection Insurance will take care of your loan repayments in the event that you are off work due to an illness or injury, or even if you become unemployed. LFI Loan Protection Insurance will even cover your car loan for up to $100,000 in the event of death. Click here for the full Product Disclosure Statement.
Key features
Cover up to 6 months of unemployment (3 months per claim)
Simple application with no medicals
Unlimited number of disability claims subject to policy conditions
Product options
| Cover options | Life, Disability and Unemployment |
|---|---|
| Maximum benefit | Up to $100,000 |
| Terminal illness | Life cover paid |
| Disability benefit | Up to $2,500 per month |
| Unemployment benefit | Up to $1,500 per month |
| Payment | Loan funded |
