If you are taking out a loan with us, you can apply for insurance to cover your repayments in the event of sickness, accident, involuntary unemployment or death.
Our insurance options cover your loan repayments or may even pay out your loan for you, with affordable premiums packaged into your loan.
Your MemberCare Loan Insure cover at a glance…
- Cover you can tailor to meet your needs
- Choose death and/or disability cover with an option to add trauma and involuntary unemployment benefits
- Up to $250,000 cover in the event of death
- Up to $50,000 cover in the event that you suffer a defined trauma
- Up to $1,500 per month in the event you are disabled
- Up to $1,500 per month for involuntary unemployment - for up to 3 months in any 12 month period to a maximum of $5,000 during the period of insurance
- Easy to afford premium can be financed into your loan and repaid over the loan term
Your MemberCare Mortgage Insure cover at a glance…
- Cover you can tailor to meet your needs
- Choose death and/or disability cover with an option to add trauma and involuntary unemployment benefits
- Up to $350,000 cover in the event of death
- Up to $50,000 cover in the event that you suffer a defined trauma
- Covers your mortgage repayments up to $3,000 per month for 36 months in the event you are disabled
- Up to $10,000 benefit during the period of insurance for involuntary unemployment with a maximum of 3 monthly mortgage payments in any 12 month period
- One easy to afford premium which can be financed into your home loan and repaid over the loan term
Best of all you have the peace of mind of knowing that, should you suffer any of the above events, your mortgage repayments can be taken care of while you and your family can concentrate on getting on with life
At Claims Time
We know how difficult it is when the time comes to make a claim, so we have made the claims process as easy and stress-free as possible.
The MemberCare General Insurance Claims Service Centre is accessible 24 hours a day, 7 days a week. Call 1300 660 727 anytime, day or night and the claims team will be there to support you throughout the claims process.
More Information
Questions?
If you would like a quote or have any questions, please contact us 
Insurance policies are issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 AFS Licence 239545 and QBE Life (Australia) Limited ABN 83 089 981 073 AFSL 245492. Before making a decision about your insurance needs please refer to the Product Disclosure Statement available from Select Credit Union.
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