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.

Insurance

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 CUNA Mutual 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 have any questions or would like a quote, please contact us Enquire Now

Terms and Conditions apply: Before making a decision about your insurance needs, please refer to the Product Disclosure Statement and Supplementary Product Disclosure Statements available from your local credit union. Issued by CUMIS Insurance Society Inc. ABN 72 000 562 121 AFSL 245491 (Incorporated in the United States. The members of the Society have no liability) trading as CUNA Mutual General Insurance and/or CUNA Mutual Life Australia Limited ABN 83 089 981 073 AFSL 245 492.

Note: these documents are provided in .pdf format and require version, 4.0 (or later) of Adobe Reader. You can download Adobe Reader by clicking on the "Get Adobe Reader" button below.