Loan Protection insurance, which is optional and not a condition of taking out the loan, may enable you to meet your monthly loan repayments in the event of your unemployment, accident or sickness. It may also provide you with critical illness cover, life cover and hospitalisation cover. |
Your level of cover:
Our Loan Protection product has been Awarded Five Stars for quality of cover by Defaqto. This independent rating is based on the features and benefits of our Loan Protection product.
Defaqto is an independent financial research company that scores products for quality across a wide range of features and benefits using a unique benchmarking system called Product DNA. Defaqto then assigns a star rating to each product. The highest rating of 5 Stars is awarded to the top 10% of policies. Loan Protection was awarded a 5 Star rating in February 2007.
If your circumstances change during the term of your loan agreement, it may affect the benefits you are eligible for under your Loan Protection insurance policy. For example, if, while claiming you reach the age of 65, any unemployment or accident or sickness benefit payments will stop.
You can only apply for optional Loan Protection insurance when you apply for your loan.
In order to get the reassurance of Loan Protection, you must include it as part of your loan application.
You can apply for both a Personal loan or an Internet Banking Loan online.
Online now
While applying online for your loan, make sure that you click on the ‘Yes' button to confirm you want to take out our optional Loan Protection.
By phone
Call 0800 092 1290. Please remember to tell us that you want to include optional Loan Protection in your application.
Your local branch
Get an application form from your local branch, complete it and give it to one of our staff, along with proof of identity.
A quick guide to your Loan Protection Insurance*
For full terms and conditions of your Loan Protection Insurance, please refer to the Policy Document*.
You can only apply for optional Loan Protection insurance when you apply for your loan.
In order to get the reassurance of Loan Protection, you must include it as part of your loan application.
You can apply for both a Personal loan or an Internet Banking Loan online.
Online now
While applying online for your loan, make sure that you click on the ‘Yes' button to confirm you want to take out our optional Loan Protection.
By phone
Call 0800 092 1290. Please remember to tell us that you want to include optional Loan Protection in your application.
Your local branch
Get an application form from your local branch, complete it and give it to one of our staff, along with proof of identity.
A quick guide to your Loan Protection Insurance*
For full terms and conditions of your Loan Protection Insurance, please refer to the Policy Document*.
