How to keep your home even if you lose your health, or your job
Financial Solutions reasonability is not only help you find the right loan, but also to help make sure you're able to service it. That's because everyday life events can and do impact people's ability to make their repayments. For instance, do you know how you – or your family - would meet your repayments if you suffered a serious injury, illness, or even death? What about if you lost your job?
The real-world benefits
Meet Paul. He's a husband and father to four children. In 2014 Paul was diagnosed with Oesophageal cancer. Thankfully Paul’s broker offered him Loan Protection Plan which made his life a little easier following the diagnosis. Watch his story.
Nobody likes to think about it
Unfortunately, 60% of Australians believe they'd need to sell an asset within three months of losing their income. So it's something that can't be ignored. The good news is we may be able to help.
Loan Protection Plan – a simple solution
A Loan Protection Plan is an insurance product that may provide affordable protection for you and your family. It's designed specifically for home and property buyers and it's available through our partner, ALI Group.
The Protection Plan covers you for 11 serious illnesses (something most super insurance don't offer), involuntary unemployment for the first 5 years, as well as death and terminal illness. You don't need a medical to get the cover either. And one more very important thing. In the event of a payout, the money is paid to you, not your lender.
Covering yourself and your family with mortgage protection is easy and quick. Ask us about mortgage protection when discussing your loan requirements.