Insurance Products
At Reduce Home Loans, we believe in providing our valued customers with everything they need for a Home Loan, which is why we have formed alliances with some of the biggest and best Insurance companies in Australia. From general Home Insurance to Life and Disability Protection, Reduce Home Loans is able to provide insurance for you.
Loan Protection
When you take a mortgage for your home or investment property, your need for protection increases. A mortgage protection plan is a simple and affordable way for you to have this need met as it provides cover for your loan amount should you die and a living benefit should you get seriously ill. Something we don’t like to think about but for the sake of our family should plan for. We are accredited with Australian Life Insurance and are now able to offer you this protection. Loan Protection Plan provides financial assistance in the event of death, terminal illness or any of 11 serious medical conditions. The benefit can be used for any purpose including paying off or reducing your mortgage balance. Loan Protection Plan is issued by TOWER Australia Limited which is a leading provider of life insurance solutions to Australians. Our role is not to provide you with advice on the product or your insurance needs but to ensure that you have the opportunity to obtain protection for your mortgage. Whether you take the protection is up to you but the application process is very simple, takes only about 10 minutes and is something that we can arrange for you. We can also provide you with a PDS for the product which you should consider prior to obtaining cover.
One of the great features of the product is that the first three months of cover is absolutely free, giving you time (while you are covered) to consider your level of cover and insurance needs.
Just some of our Insurance options include:
Why choose Reduce?
We're called Reduce Loans for a good reason! We're dedicated to providing cheap and easily available finance to anyone, regardless of their circumstances. With an easy way to apply online and a quick, speedy approvals team there's no reason why not to!