Payment protection

Creditcare is our optional payment protection insurance. If for example you were to become ill, have an accident, be made redundant, or in the event you become a carer, Creditcare could cover your monthly loan repayments for you..

There are 3 different levels of cover to suit your individual needs.

Creditcare Gold Silver Bronze
Life Gold creditcare includes Life cover Silver creditcare includes Life cover Bronze creditcare includes Life cover
Accident & Sickness Gold creditcare includes Accident & Sickness cover Silver creditcare includes Accident & Sickness cover Bronze creditcare includes Accident & Sickness cover
Unemployment Gold creditcare includes Unemployment cover Silver creditcare includes Unemployment cover Bronze creditcare does not include Unemployment cover
Carer Cover Gold creditcare includes Carer cover Silver creditcare includes Carer cover Bronze creditcare does not include Carer cover
Critical Illness Gold creditcare includes Critical Illness cover Silver creditcare does not include Critical Illness cover Bronze creditcare does not include Critical Illness cover

As with all insurance policies some/limited exceptions and exclusions may apply.  Please read the Payment Protection section of the Important Information for more details.  This can be accessed via the link above.

Main policy exclusions

  • Pre- existing conditions (for which consultation or treatment has been received in the 12 months prior to the cover start date) or chronic condition
  • AIDS or HIV
  • If aware at the cover start date of impending unemployment
  • If unemployment is in any manner voluntary
  • Intentionally self-inflicted injury

Your selection is only to give an illustration at this stage.  An assessment of your need for Creditcare will be offered when the loan arrangements are finalised by phone.

Other useful information

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