Are you protected?

Having assisted members for many years with their borrowing needs, I am continually surprised at the number of people who have little or no protection in case something happens to them.

By Protection I mean, Insurance to cover themselves, their loved ones, their loans, even their lifestyle.

Whilst it is readily accepted that we need insurance to cover our home, contents, car etc, the need for Life Insurance (it will be someone else’s problem), Sickness and Accident (work will look after me), Involuntary Unemployment (my job’s safe) or Trauma cover (it won’t happen to me) is not so readily accepted.

As part of the process of getting a loan can protect your loan and it is very simple to do. Insurance can be included in with your normal loan repayment and you will have the peace of mind in knowing that if something happens to you your loan will be one less thing to worry about.

We all know people who have been sick, injured or lost their job, but did they have protection and was it enough?

Make sure you and your family are protected in times of need, you never know when you may need it.

Bill.H
Singleton Branch Manager
Companion Credit Union

June 8th, 2009 | Leave a Comment »