Our Products
Payment Protection Insurance What Is PPI?
Payment Protection Insurance (PPI) covers you for the repayment of your loan obligations to the financier if you suffer an insured event.
- The main risk with having finance is if something happens to your ability to earn money. PPI protects you, your family and your credit rating if the worst happens.
- With only a minimum stand down period and generous cover for up to 60 months, PPI helps you manage financially when unexpected events occur.
- ACC only pays up to a maximum of 80% of your income – How would your household react to an instant 20% pay cut?
What Cover Options are Available?
EMPLOYEE
Insured Events:
Death, Terminal Illness, Accident, Illness, Disability, Hospitalisation, Carer, Redundancy, Suspension, Bankruptcy
SELF-EMPLOYED
Insured Events:
Death, Terminal Illness, Accident, Illness, Disability, Hospitalisation, Carer, Bankruptcy, Business Interruption
EVERYDAY ESSENTIAL
Insured Events:
Death, Terminal Illness, Hospitalisation, Bankruptcy, Permanent Disability
What are the Customer Benefits?
- Peace of mind for the unexpected
- No medical examination is required to take out a policy
- Pre-existing medical conditions are covered if no treatment advice in 6 months prior to the policy start date
- Redundancy benefit of up to 12 months
- 15 day cooling off period
- Protects your household income for other purposes and your credit rating
- In the event of death, your family does not have your vehicle debt and possible repossession to deal with.
This is only a summary of cover, please see the policy booklet for full terms, exclusions, conditions and benefits.
What Is PPI?
Payment Protection Insurance (PPI) covers you for the repayment of your loan obligations to the financier if you suffer an insured event.
- The main risk with having finance is if something happens to your ability to earn money. PPI protects you, your family and your credit rating if the worst happens.
- With only a minimum stand down period and generous cover for up to 60 months, PPI helps you manage financially when unexpected events occur.
- ACC only pays up to a maximum of 80% of your income – How would your household react to an instant 20% pay cut?
What Cover Options are Available?
EMPLOYEEInsured Events: |
SELF-EMPLOYEDInsured Events: |
EVERYDAY ESSENTIALInsured Events: |
What are the Customer Benefits?
- Peace of mind for the unexpected
- No medical examination is required to take out a policy
- Pre-existing medical conditions are covered if no treatment advice in 6 months prior to the policy start date
- Redundancy benefit of up to 12 months
- 15 day cooling off period
- Protects your household income for other purposes and your credit rating
- In the event of death, your family does not have your vehicle debt and possible repossession to deal with.
This is only a summary of cover, please see the policy booklet for full terms, exclusions, conditions and benefits.
