Loan and Mortgage Protection
Everyday life events can and may impact your ability to meet your loan repayments.
Making you aware of loan protection is my moral responsibility so you can make an informed decision. It’s about making sure you can service your loan.
How would you meet your loan repayments if you suffered a serious injury, illness or even death?
- Did you know? 1/3 of women and 1/4 of men will suffer from some form of cancer in their lifetime – and more than half will live longer than 5 years after diagnosis.1
- 95% of Australian families do not have adequate levels of insurance.2
Image 1 – Health facts
You can’t predict it. Often you can’t prevent it. I can help you manage it.
Loan Protection Plan
It’s an exciting time. Buying your own home or an investment property is a big step towards securing your future.
To protect that future, it’s important to make sure you are covered for whatever life throws at you.
ALI Group’s Loan Protection Plan provides the following key benefits:
Image 2 – LPP Product Spread
The impact of protecting your way of life
Meet Paul. He is a husband and father to four children. In 2014 Paul was diagnosed with Oesophageal cancer. Thankfully Paul’s broker offered him Loan Protection Plan which made his life a little easier following the diagnosis. Watch his story.
“It all starts adding up, so it just gives you the ability to get those major bills paid. It gives you a sense of comfort.” Paul, 40 years, oesophageal cancer
Who is 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 and will ensure any valid claims are paid to you by the insurer.
If you would like more information about ALI Group and to hear case studies from ALI claimants 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 jointly issued by MetLife Insurance Limited (ABN 75 004 274 882) (AFSL 238 096) (Death, Terminal Illness & Living Benefit) and ACE Insurance Limited (ABN 23 001 642 020) (AFSL 239 687) (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 Cancer Council, Cancer in Australia: An overview (2008)
2 Lifewise, Understanding the Social and Economic Cost of Underinsurance (2010)