If you become sick, injured and unable to work or suddenly lose your job, having CGU Essential Cover Loan Repayment Insurance means you and your family can continue to meet your home loan repayments or credit obligations.
Cover if you can’t work due to illness or injury, CGU will pay the amount you selected to cover your repayment.
Due to illness or injury, CGU will pay your repayment during the period you are hospitalised.
Should you become unemployed and whilst you’re searching for employment CGU provide temporary assistance
What is included?
- CashAssist Trauma lump sum payment
- Competitive prices
- Easy payment options
- Joint cover option
|Our relationship with CGU|
Loan Repayment Insurance Cover is one of many comprehensive range of insurance solutions at Gateway Credit Union
Founded more than 160 years ago, CGU is one of Australia’s leading insurers. It’s because of CGU's experience, security and strength – as well as its prompt, efficient and friendly claims service – that we’ve made it our general insurance provider.
|Need to make a claim?|
Call CGU on 1300 886 022
CGU are available to take your call 24 hours, 7 days a week to ensure you have the best support when the unexpected has happened.
|Additional Product Information:|
1. This Insurance is issued by CGU Insurance Limited ABN 27 004 478 371 AFSL 238291. If your home is in Western Australia, Tasmania or the Northern Territory, the insurer providing the Domestic Workers’ Compensation optional cover is Insurance Australia Limited trading as CGU Workers Compensation ABN 11 000 016 722.
2. In arranging this insurance, Gateway Credit Union acts under its own AFSL and under an agreement with CGU Insurance Limited.
3. This information is only a general description of cover and any financial product advice provided is of a general nature only and does not take into account your personal circumstances. Before making a decision about this product, please refer to the Product Disclosure Statement and our Financial Services Guide.