Protect your ability to repay

Our Card Repayment Insurance policy could take care of your repayments in the event of a major problem, such as terminal illness, disability or bankruptcy. If you take out this option here’s what you’ll be covered for:

Death
Your card balance as a lump sum up to $20,000.

Terminal Illness
Your card balance as a lump sum up to $20,000.

Permanent Disability
Your total Closing Balances up to a maximum of $20,000 (less any disablement fees already paid out).

Bankruptcy
Your card balance up to a maximum of $20,000.

Disability for longer than 30 Days
Fixed Instalment and Fees and Miscellaneous Plans: Your minimum payments due; and Flexi Instalment Plans: 3 x your minimum payments due; in each case for the period of your disability, the lesser or your total Closing Balances or $20,000.

Redundancy for longer than 30 days
Fixed Instalment and Fees and Miscellaneous Plans: Your minimum payments due; and Flexi Instalment Plans: 3 x your minimum payments due; in each case for the period of your redundancy until we have paid an amount equal to the lesser of your total Closing Balances, or $20,000, or the expiry of 6 months - whichever occurs first.

There are some terms and conditions – read the full policy here.

Contact us now and we’ll tell you how to take the next step.