What is Credit Protection?
Once Credit Protection is insurance cover that helps protect you and your credit rating by covering your Once Line of Credit repayments should you:
- Become unable to work due to illness or injury
- Become involuntarily unemployed
- Pass away
Features and benefits
- Protects your credit rating by covering your line of credit repayments
- Available for both employed and self-employed people
- No paperwork - one call to us and you can be covered in less than 5 minutes
- No penalties for hazardous sporting activities or occupations
What does it cost?
- The premium is calculated at $0.45 per $100 outstanding balance per month
Frequently asked questions
Once Credit Protection Cover is issued by St Andrew's Insurance (Australia) Pty Ltd ABN 89075044656, AFSL 239649, and St Andrew's Life Insurance Pty Ltd
ABN 98 105 176 243, AFSL 281731. Please consider the PDS to determine if this product is appropriate for you.