Mortgage Repayment
Mortgage Protection Insurance — for your financial peace of mind
Mortgage Protection Insurance, underwritten by CUNA Mutual Group*, covers your mortgage repayments or may even pay out your mortgage for you, with affordable lifestyle rated premiums charged on a monthly instalment basis.
Benefits
- Cover you can tailor to meet your needs
- Convenient monthly payment option
- Choose death and/or disability cover with an option to add trauma and involuntary unemployment benefits
- Up to $500,000 cover in the event of death
- Up to $50,000 cover in the event that you suffer a defined trauma
- Covers your mortgage repayments for up to 36 months in the event you are disabled
- Up to $10,000 benefit during the period of insurance for involuntary unemployment with maximum of 3 monthly mortgage payments in any 12 monthly period
- Suspended Cover Benefit allows you to recommence claiming a benefit up to 90 days after discharging your loan, if a new loan and replacement policy are taken
At Claims Time
We know how difficult it is when the time comes to make a claim, so CUNA Mutual Group 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.
To find out more information on the range of insurance products or to obtain a free no-obligation quote, simply call our National Call Centre or visit your Australian Central branch.
Insurance policies have certain conditions, limitations and exclusions. Any advice provided has not considered your personal objectives, financial situation or needs. Before acting on the advice and deciding to acquire or continue to hold an insurance product(s) you should carefully read and consider the Product Disclosure Statement(s) (PDS) and consider whether the advice provided is appropriate to your financial situation, objectives and needs. PDS's are available from us and/or CUNA Mutual Group.
*CUNA Mutual Group’s Consumer Credit Insurance (CCI) products are underwritten by CUNA Mutual General Insurance, a business name owned by CUMIS Insurance Society Inc ABN 72 000 562 121. AFSL 245491. (Incorporated in Wisconsin U.S.A. The members of the Society have no liability) and CUNA Mutual Life Australia Limited ABN 83 089 981 073 AFSL 245492.
