Loan Protection Insurance

Loan Protection

 

Are your loan repayments covered?

Ever wondered what would happen if you got sick or lost your job? Help reduce the stress with a plan to cover the unexpected with Loanminder loan protection insurance.

 

Features of Loanminder Loan Protection Insurance:** 

  • Cover in the event of death, disability, trauma, redundancy and bankruptcy.
  • LoanMinder, for a small premium, covers your loan in the event of death or a combination of other covers listed above.
  • Your premiums decrease as you pay off your loan, you will only pay for insurance on the loan balance owing.
  • Premiums are added to your loan at the end of each month, the premium is included in your repayments.

LoanMinder gives you peace of mind and ensures that your loan repayments may be covered in the event of death, trauma, disability, redundancy and/or bankruptcy.

 

Don't wait   get a quote

 

View our online brochure here.

You can also download a Samoan or Tongan language version of our brochures here:
Samoan Loanminder Brochure
Tongan Loanminder Brochure

 

**For details of terms, conditions and exclusions, please contact NZCU Baywide to view a copy of the Loanminder Insurance group policy document. The policy is issued by Credit Union Insurance Limited (trading as Co-op Insurance NZ).

Credit Union Insurance Limited (trading as Co-op Insurance NZ) has a BBB- insurer financial strength rating, given by Fitch Ratings. Fitch Ratings Insurer Financial Strength Ratings: AAA (exceptionally strong), AA (very strong), A (strong), BBB (good), BB (moderately weak), B (weak), CCC (very weak), CC (extremely weak), C (distressed). Notes: "+" or "-" may be appended to a rating to indicate the relative position of a credit within the rating category. Such suffixes are not added to ratings in the 'AAA' category or to ratings below the 'B' category.