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Loan Protection

Features & Benefits
If your circumstances change

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.

How do I pay for Loan Protection Insurance policy?

The insurance policy premium (inclusive of Insurance Premium Tax where applicable) is paid for by monthly Direct Debit. The Direct Debit will be deducted from the bank account that you are using to repay your loan.

How do I apply?

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.

If you're registered for Internet Banking, you can apply for a Personal loan online today.Find out more about a Lloyds TSB Personal Loan.

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*.

How do I apply?

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.

If you're registered for Internet Banking, you can apply for a Personal loan online today.Find out more about a Lloyds TSB Personal Loan.

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*.

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