While we don’t anticipate small and large hurdles in life like illness, accident or redundancy, unfortunately they can happen. Lifestyle Protection Insurance (LPI) is peace of mind and cover in these events and protects you if you need to stop work, taking care of financial commitments and expenses. Depending on your circumstances, you chose the level of cover and can also include your family in the policy.
Why should you consider Lifestyle Protection Insurance?
- Protects you and yours from financial hardship
- Maintains a healthy credit rating and relationships with lenders
- Reduces the risk of repossession of vehicles used a security for a loan
- Protects any co-borrowers involved
- Provides a $10,000 death by accident payout to your estate over and above the cover for your loan
