At a glance…
- Lump sum payable against your Suncorp Home Loan if you die or are diagnosed with a terminal illness
- As little as $50,000 or as much as $1,000,000 cover (up to the amount of your home loan)
- 10% discounted premiums for joint policies
- A premium rate that is guaranteed for the first 3 years
- No medical checks required to take out the policy
- Guaranteed Acceptance for Australian residents who are aged 17-59 (inclusive)
Financial protection for your home and your family
You can't always control the unexpected in life, but you can control how you prepare for unexpected events. Buying your home is one of the most important decisions that you have had to make in your life, both financially and emotionally. You and your family don't want to risk losing it for reasons that are out of your control.
Suncorp Home Loan Protect is a way to help ensure your home loan is taken care of in the event of your untimely death or you are diagnosed with a terminal illness*.
Suncorp Home Loan Protect is available for customers who are applying for a new home loan, applying for an increase to an existing home loan or currently have an existing home loan through Suncorp^.
How much will it cost?
The premium you pay will depend on your individual age, gender, smoking status and the amount you are applying for (subject to the minimum and maximum sum insured requirements).
To get a quote please make an appointment with a Home Lending Specialist - at your nearest branch, or our Mobile Lenders can come to you.
Alternatively please call us on 13 11 55 and at the prompt say 'New Home Loan'.
Exclusions
Cover under Suncorp Home Loan Protect is subject to some exclusions. We will not pay any benefit or refund any premiums if the event giving rise to the claim is caused directly or indirectly as a result of:
- an intentional self-inflicted act within 13 months of the policy commencement date;
- a war or an act of war, whether or not war has been declared; or
- any pre-existing condition. This means any sickness, injury, condition or related symptom, for which, in the five years before the policy commencement date:
- symptoms existed that would cause a reasonable and prudent person to seek diagnosis, care or treatment from a registered doctor; or
- medical advice or treatment was recommended by, or received from, a registered doctor.
# Please refer to the Suncorp Home Loan Protect Product Disclosure Statement for full terms and conditions.
^ Suncorp Home Loan Protect is not available on Small Business Loans, Reverse Mortgages or Bridging Loans.
Suncorp Home Loan Protect is issued by Suncorp Life & Superannuation Ltd ABN 87 073 979 530 AFSL 229880. Please read the Product Disclosure Statement and consider your own situation before making any decision regarding this product.
