Personal Credit Protect
We want to assure our existing customers that we will continue to service your insurance needs. Our Personal Credit Protect policies include involuntary unemployment cover, so if you’ve lost your job or have been stood down with no income as a result of the COVID-19 pandemic, depending on your circumstances, you may be able to claim under your policy. Please see the ‘How to claim’ section below to lodge a new claim.
Please note Personal Credit Protect is no longer sold. The information on this product is for existing Personal Credit Protect policy holders.
BankSA Personal Credit Protect offers cover for you if something unexpected happens, meaning your loan repayments can still be taken care of.
- Helps meet your repayments if you unexpectedly lose your job, of if you can’t work because of sickness, injury or disease
- It also helps pay the outstanding balance owing on the personal loan up to $50,000 if you pass away
- The premium is included as part of the amount borrowed under your Personal Loan
This information is current as at 20 April 2020. BankSA Personal Credit Protect was issued by Insurance Australia Limited ABN 11 000 016 722 trading as Swann Insurance (for the Involuntary Unemployment cover and the Disablement cover) and Westpac Life Insurance Services Limited ABN 31 003 149 157 (for the Death cover). BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141 distributed the insurance, but does not guarantee the insurance. Like all insurance, some exclusions, limits and conditions apply. You can obtain the Product Disclosure Statement by calling 1300 657 382.
© BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian Credit Licence 233714