Loan Repayment Insurance

Call 0844 875 55 33 quoting ref WSS23
(Immediate quotes and advice during working hours)

Short Term Loan Insurance Protection
Long Term Loan Insurance Protection
Life Cover To Repay Loan

Loan Repayment Insurance

If you were to lose your income because of an accident, sickness or unemployment with Loan Insurance you could receive up to 75% of your net income, tax free, for a chosen period of either 3, 6 or 12 months to replace your earnings until you get back to normal.

The money is paid directly to you and you choose how to spend it.

Your Loan Insurance Cover can continue until retirement age or you cancel it irrespective of how many claims you may make.

Choices available

1. Choose the amount that you want to cover. This is the amount that will be paid out to you each month that you are without income. This amount can be anything up to 75% of your net monthly income to a maximum of £2000.
2. Choose the type of cover you need from Accident and Sickness Only, Unemployment Only or Accident, Sickness and Unemployment (ASU).
3. Choose from either a 3, 6 or 12 month benefit period. The benefit period is the maximum length of time that we will pay you for any one period of Accident, Sickness or Unemployment.

If you become unemployed and make a claim, your policy would then pay out the amount you have covered for 6 consecutive months or until you are back in full time employment, whichever comes first. Multiple claims are allowed.

UKinsuranceNET are specialist insurance brokers in this type of loan repayment insurance and we deal with all of the major UK insurance companies and underwriters. We are not tied to any one insurer and so we are able to arrange cost effective protection for you without compromising quality. Speak to one of our highly experienced consultants today on 0844 875 55 33 or fill out our online quote request form and one of our advisors will contact you.