MemberCare Mortgage Insure Plus

It's hard to imagine that you could become sick or injured and be unable to work, or that you could suddenly lose your job. Hardest of all to imagine is that you might die? If the worst was to happen, could you and your family continue to meet your mortgage repayments?

MemberCare Mortgage Insure Plus, underwritten by CUNA Mutual Group*, is an affordable way to provide your family with security by protecting your greatest asset.

Benefits at a glance

Death Cover
• The benefit payable is the current insured loan contract amount on the policy schedule to a maximum of $5000,000.

Disability Cover
• The monthly benefit is the repayment amount to a maximum of $3,000 per month.
• The maximum benefit payable is for the period equivalent to 36 monthly loan repayments during the period of cover.

Involuntary Unemployment Cover
• The monthly benefit is the repayment amount to a maximum of $3,000 per month.
• The monthly benefit is paid for a maximum period of 3 months during any consecutive 12-month period of the period of cover.
• The maximum involuntary unemployment claims during the period of cover will be $10,000 during the first 5 years of the period of cover and $10,000 in any subsequent, consecutive 5-year period thereafter.

Trauma Cover
• The benefit is the sum insured selected by you as shown in your policy schedule to a maximum of $50,000.
• Only one claim can be made during the period of cover.

At Claims Time
We know how difficult it is when the time comes to make a claim, so CUNA Mutual Group have made the claims process as easy and stress-free as possible. The Claims Service Centre is accessible Monday to Friday, 8.30am to 5.00pm EST and the claims team will be there to support you throughout the claims process.

(Download the MemberCare Mortgage Insure Plus PDS)

Taking up MemberCare Mortgage Insure Plus is easy. To obtain a quote, simply ring our Member Contact Centre on 1300 365 7 24 between 8am and 6pm, Monday to Friday.

*Terms and Conditions apply. Before making a decision about your insurance needs, please refer to the Product Disclosure Statement available by calling Holiday Coast Credit Union AFSL 240782 issued by CUNA Mutual General Insurance AFSL 245491 and/or CUNA Mutual Life Australia Limited AFSL 245492.