As your broker, it’s My Insurance House’s responsibility to not only help you find the right loan, but also to help make sure you’re able to service it.
That’s because everyday life events can and do impact people’s ability to make their repayments.
For instance, do you know how you – or your family – would meet your repayments if you suffered a serious injury, illness, or even death? What about if you lost your job?
Nobody likes to think about it
Unfortunately, 60% of Australians believe they’d need to sell an asset within three months of losing their income1. So it’s something that can’t be ignored.
The good news is we may be able to help.
A Loan Protection Plan is an insurance product that may provide affordable protection for you and your family. It’s designed specifically for home and property buyers and it’s available through our partner, ALI Group.
Who are ALI Group?
Established in 2003, ALI Group is a specialist risk insurance business committed to ensuring people just like you are provided with convenient and timely access to affordable loan protection.
ALI Group delivers quality products that are easy to understand, obtain and claim upon, by means of a simple offer process that allows you to make an informed decision on your need for protection.
ALI Group’s Customer Service Centre is there to help answer any questions or requests regarding your policy. Their in-house claims team will assist you through all stages of the claims process should you need to make a claim.
If you would like more information about ALI Group or to see how ALI has assisted more Australians when they really needed it go to www.aligroup.com.au.
This information has been prepared by Australian Life Insurance Distribution Pty Limited (ABN 31 1031 57811) which holds an Australian Financial Services License (AFSL 226 403). Your loan consultant is acting as an authorised representative of the licensee in offering to arrange for you to obtain cover.
Loan Protection Plan is issued by Hannover Life Re of Australasia Ltd ABN 37 062 395 484 (Death, Terminal Illness, Living and Accidental Injury Benefits) and QBE Insurance (Australia) Limited ABN 78 003 191 035, (AFSL 239545) (Involuntary Unemployment Benefit). ALI receives commission and your loan consultant may receive commission for each policy sold. Please refer to the FSG available from your loan consultant for more information about our remuneration. Any advice provided is of a general nature only and does not take into consideration your objectives, financial situation or needs. You should consider the Product Disclosure Statement (available at www.aligroup.com.au) when deciding if this product is appropriate for you.
Sources: 1 Zurich (Feb 2014). Research whitepaper: Australians and life insurance: misinformed, misinsured?
This information is intended to provide general information only and has been prepared without taking into account any particular person’s objectives, financial situation and needs. Before acting on such information, you should consider the appropriateness of the information having regard to your personal objectives, financial situation and needs. You should read and request the relevant Product Disclosure Statement (PDS) and Policy Document that can be provided by a My Insurance House Consultant before making and decision about a product.