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a) Life & Sickness and Accident
b) Life, Sickness and Accident & Involuntary Unemployment
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ANZ Loan Protection can cover your loan repayments if you cannot work due to your illness or injury, until your loan is paid out or you are fit to return to work (whichever happens sooner). Please refer to the PDS and Policy document (PDF, 94kb) for all exclusions.
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ANZ Loan Protection can cover loan repayments for each 30 days of involuntary unemployment. This benefit is paid for a maximum of 120 days. Please refer to the PDS and Policy document (PDF, 94kb) for all policy exclusions.
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Yes. You must be employed receiving income on a full time, part time, casual basis or self employed for a minimum average of 10 hours per week. If you are in seasonal employment for an average of 10 hours per week, you are entitled to Life and Sickness and Accident cover only.
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Couples committed to a joint ANZ loan can take out joint cover. A discount of 10% on the second insured is offered.
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Direct to the loan.
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ANZ arranges the insurance on behalf of the product issuer, ING Life and QBE. ANZ may receive a commission for the sale of any product. Please see the Financial Services Guide (PDF, 298kb) for more information.
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