Loan Repayment Insurance
- Existing debt?
- Taking out a new mortgage?
- Increasing your loan?
Remove the risk
Let us pay off your debt should the unthinkable happen. Death is inevitable. Your loved ones' financial security after you've gone though, is not.
SBS Bank's loan repayment cover brings contentment - the peace of mind that comes form knowing if you die or are diagnosed with a terminal illness, your family will be okay financially.
Loan Repayment Insurance is a decreasing cover policy, which means the sum insured reduces to a nil balance over the specified term of the policy.
Policy benefits
- Death - the full amount of the policy is paid out
- Terminal Illness - the full amount of the policy is paid out
- Policy is guaranteed for the entire term stipulated
- Worldwide protection
Most people realise it's important to have insurance ... but it's when you need to make a claim that you'll really appreciate just how vital it is. Arranging Loan Repayment Insurance with our SBS Insurance team is quick and affordable.
Call us today on 0800 502 442 or contact us via email. We'll be happy to help.
SBS Loan Repayment Insurance products are administered, managed and underwritten by Southsure Assurance Limited, a subsidiary of the Southland Building Society (SBS).