Why have Loan Protection?

Life is full of unplanned events. What would happen in the event of that unforseen accident / situation happening to you? How would you cope? What would you do? What happens now?

No protection can be the cause of:

• A bad Credit rating, because the repayments are not met; either due to having to have a second loan, or because there is insufficient income coming into the household, because you are off work.

• Any holiday time and pay that has been saved up, quickly disappears, along with any sick time available.

• Any savings are eaten away, as the bills continue to come in, but the income does not.

Loan Protection assists in maintaining your financial position, protecting your credit rating and protecting your purchase.

You may not be able to predict what the future holds, but you CAN ensure you are covered.