Great If:

You have ongoing home or personal loan repayments

You want the right cover to ensure your commitments are met

You want the peace of mind of an industry leading insurer

Key Features

Easy application process with no medical assessment required, with the convenience of adding the premium to your loan with no out of pocket expenses.

Financial peace of mind if the unexpected happens your repayments will be covered.

Protect your credit rating to ensure your next loan is simple with stress free approval.

Rest assured you will be able to keep your asset that you have worked hard for.

Apply for Loan Protection Insurance It’s just that simple! Enquire in branch

I want to

  • Invest in property

    Someone wise once said – “If you want a sound investment, buy property, buy land. They’re not making any more of it.” 

  • Protect my financial legacy

    The generational transfer of wealth is seldom thought about and even less understood. Your life’s work is not something to take lightly – start planning ahead today.

Get an insurance quote

We know that chasing quotes can be a hassle, so we’ve made it as easy as possible for you. Getting an Insurance quote through Greater Bank is easy and can be done in one of 2 ways:

  • 1

    Get a quote in branch

  • 2

    Get a quote over the phone

    1300 651 400

Mortgage Repayment Insurance - Disability Cover

Benefits

- Claim up to 24 months repayments for sickness, accident or injury

- Up to 12 months repayments for mental illness

- Claim more than once in the five year term

Waiting Period

- 21 day wait period

- Benefits paid back to day 1 of disability

Exclusions include

- Pre-existing conditions

- Self-inflicted

- Alcohol or drugs

- Illegal activity

 

Mortgage Repayment Insurance - Involuntary Unemployment Cover

Benefits

- Cover up to $3,000 in loan repayments per month

- Up to 120 days per claim or $10,000 per person

- Claim more than once in the five year term

Waiting Period

- 21 day wait period

- Benefits paid back to day 1 of unemployment

Exclusions include

- Misconduct

- Voluntary unemployment

- Alcohol or drugs

Mortgage Repayment Insurance - Death Cover

Benefits

- Death benefit up to the lesser of $750,000 or the net balance of your loan

- Pays out the balance of the mortgage at the date of death (plus two months interest)

Waiting Period

- Nil

Exclusions include

- Pre-existing conditions

- Alcohol or drugs

- Illegal activity

- Suicide in first 13 months

Why Greater Bank?

While we have the size and strength to service the needs of over 250,000 customers and manage over $5 billion in assets, our-award winning customer service will make sure you feel like a person, not a number.
Loan Cover Insurance - Disability Cover

Benefits

- Claim up to $80,000 in repayments for sickness, accident or injury

- Up to 12 months repayments for mental illness

- Claim more than once over the term of the loan

Waiting Period

- 14 day wait period

- Benefits paid back to day 1 of disability

Exclusions include

- Pre-existing conditions

- Self-inflicted

- Alcohol or drugs

- Illegal activity

Loan Cover Insurance - Involuntary Unemployment Cover

Benefits

- Your monthly loan repayment will be covered giving you time to look for new employment

- Claim up to $80,000 in monthly loan repayments

- Claim more than once over the life of the loan

Waiting Period

- 14 day wait period

- Benefits paid back to day 1 of unemployment

Exclusions include

- Misconduct

- Voluntary unemployment

- Alcohol or drugs

Loan Cover Insurance - Death Cover

Benefits

- Lump sum payment to pay out your loan

- Up to a maximum of $80,000

Waiting Period

- Nil

Exclusions include

- Pre-existing conditions

- Alcohol or drugs

- Illegal activity

- Suicide in first 13 months

Disability and unemployment cover is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Death cover is issued by Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFSL 296559 (Allianz Life). View the Product Disclosure Statement (PDS) for Loan Protection Insurance by clicking here. View the Product Disclosure Statement (PDS) for Mortgage Repayment Insurance by clicking here.