Products | Loan Repayment Insurance

Unfortunately even when the worst happens, you or your family are usually still required to fulfill your existing financial obligations – including vehicle repayments. Fortunately then, Southbury Insurance offers Loan Repayment Insurance, which has been designed to ensure your vehicle repayments can still be made should you suffer

• Accident and sickness
• Hospitilisation
• Redundancy or bankruptcy

And fully repay the loan in the event of

• Death
• Terminal illness

PLUS

• If the death is caused by accident, an additional payment of $10,000 will be made to your estate
• Your credit rating remains intact
• You are able to retain possession of your vehicle at a potentially crucial time
• Protects your family from the additional burden of having to repay your financial commitments in the event of death
• Provides financial protection for your co-purchaser or guarantor
• No excess payment is required

With a range of options, you can tailor the policy to best suit your needs.

Please see the Southbury Insurance Loan Repayment Insurance policy for a full list of terms, conditions and exclusions.

Download Policy documentation