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 At RAC, we can assist you to protect your finances against the unforseen. Sometimes life doesn't turn out the way you expect it to and it's important to put plans in place that will help you and your family when you need it the most.
RAC Finance can help you with Credit Protection, an insurance policy specifically designed to protect your loan in the case of an unforseen event such as death, accident, sickness, or involuntary unemployment. There are three Credit Protection options, so you can choose a level of protection that will suit your needs:
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Gold – provides cover for life, involuntary unemployment, accident and sickness.
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Silver – provides cover for life, accident and sickness.
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Bronze – provides cover for life only.
Credit Protection can give you peace of mind. Your loan is protected (up to the limits specified in the policy) so you can concentrate on getting back on your feet. In the event of your death, the remaining balance owing on your loan is paid to a maximum of $100,000 – reducing the financial burden on your estate and your family.
Credit Protection is easy to apply for, with no medical examinations and automatic acceptance to set limits.
Talk to your RAC lending consultant about Credit Protection when you apply for a new loan or call RAC on 13 17 03.
Important information:
Credit Protection is issued by St Andrew's Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL No. 239649 and St Andrew's Life Insurance Pty Ltd ABN 98 105 176 243 (collectively referred to as St Andrew's).
This insurance is not compulsory and can be obtained from an insurer of your choice.
The information provided above is general only and does not consider your objectives, financial situation or needs. You should consider the appropriateness of this information to decide if Credit Protection is right for you, and read carefully the Product Disclosure Statement or speak to a financial adviser. RAC Finance is authorised by St Andrew's to provide general advice, to arrange Credit Protection, and receives a commission of up to 20% for arranging this insurance. |
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