Loan Repayment Insurance

Loan Repayment Insurance helps members meet their regular loan repayments should they become sick, disabled, unemployed or pass away.

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.

No medical examination required*
Premiums can be included in your loan
Monthly installments are available
Amateur or professional sports (excl 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 e.g. Workers' Compensation

More Information

Questions?

If you have any questions or would like a quote, please contact us

_{*Unless you suffer from a serious health problem or need cover above our automatic limit.}

_{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. Horizon Credit Union provides Loan Repayment Insurance products as an agent for Swann Insurance. A PDS is available from Horizon Credit Union. Please refer to the PDS in deciding whether the Loan Repayment Insurance product is appropriate for you.}