Personal loan insurance

Remove the stress of working out how you’ll repay your personal loan if you lose your job, or are suddenly unable to work because of sickness or injury.

Features and benefits

  • Repayment cover – involuntary unemployment: if you unexpectedly lose your job through no fault of your own, your personal loan repayments of up to $1,500 a month will be covered while you look for a new role – up to a maximum of six months.

  • Repayment cover - disability: if you’ve become disabled as a result of sickness or injury and can’t work, your personal loan repayments of up to $1,500 per month will be covered, until you return to work.

  • Life cover: if you die, or are diagnosed with a terminal illness that means you’re likely to die within 12 months, your personal loan will be paid off in full – up to $50,000.

Terms, conditions and exclusions apply. See the policy (PDF 397.9 KB) for full details, including details of the limits that apply to the cover.

How it works

Make a claim

If you took out your personal loan after 15 September 2009, call us on 0800 220 999 between 10.30am – 7pm, Monday to Friday.

If you took out your personal loan before 15 September 2009, or if you’re a Kiwibank Home Loan customer with a personal loan – call us on 0800 222 491 between 9am – 6pm Monday to Friday, or 10am – 2pm Saturday.