Protection for all property types
Fortnightly, monthly or annual payment options
Mortgage Protection Plus
Don’t let a setback put your home in jeopardy
Meeting home loan repayments is an important responsibility. But if you were unable to work due to illness or injury, lost your job involuntarily or if you passed away, how would your family cope with the repayments? That’s why People’s Choice has partnered with QBE to offer Mortgage Protection Plus, to assist members in protecting their home and lifestyle from life’s unexpected events.
If you are applying for a home loan or have an existing home loan with People’s Choice, get a quote today by calling one of our Mortgage Protection Specialists on 1300 854 059.
Need more information? Click on the FAQ tab at the top of this page for eligibility criteria and key exclusions or refer to the Product Disclosure Statement (PDS).
What are my cover options?
- Disablement due to illness or injury - up to $3,000 per month until you are able to return to work or the claim reaches its benefit limit being the lesser of 36 months or when the loan balance has been repaid. A waiting period of 28 days applies before a claim of disability can be made.
- Involuntary unemployment - up to three (3) months in any consecutive twelve (12) month period. The maximum amount we will pay is $10,000 during the first five (5) years.
- Life cover – the loan balance/credit limit as at the date of death or $500,000, whichever is lesser
- Trauma cover (in the event of Trauma e.g. Heart Attack, Coronary Artery Surgery, Stroke, Major Organ Transplant, Chronic Kidney Failure, Cancer) – automatic cover of $10,000 which can be increased up to $50,000 depending on your loan amount.
Please refer to the Product Disclosure Statement (PDS) for full eligibility criteria, details of cover limits, exclusions and terms and conditions.