Loan Repayment Insurance provides a means to ensure your loan repayments continue if you become injured, ill, or involuntary unemployed.
Loan Repayment Insurance is not compulsory; however we recommend that you consider taking this cover for peace of mind and added security.
When your loan has been approved, one of our friendly Member Service Consultants will contact you to discuss this insurance and help you with your application.
The general insurer of the product featured in this brochure is Swann Insurance (Aust) Pty Ltd ABN 80 000 886 680 AFSL No. 238292 (Swann). The insurer of the Cash Assist cover is National Mutual Life Association of Australasia Ltd ABN 72 004 020 437, AFSL 234 649 (NMLA). Swann administers the Cash Assist cover on behalf of NMLA and Swann's liability under that policy is limited to the administration of that cover including the management of claims. In arranging this insurance, Victoria Teachers Credit Union, AFSL 240 960, acts as agent for the insurers, not as your agent.
This information does not take into account your objectives, financial situation or needs. Therefore you should firstly consider the appropriateness of this information and refer to the Terms and Conditions or the relevant Product Disclosure Statements (PDS) before acquiring a product. These documents are available at our branches or by calling 1300 654 822.