Loan insurance is one of the key issues associated with getting a personal loan – and one that is often not given as much attention as it should be, either by borrowers or lenders.
GE Money has an exceptional offer with regards to insuring their personal loans, providing clients with peace of mind that, in the event of an unfortunate happening, their payments will be covered, and they don’t have to worry about repaying their loans until they are able to improve on their situation.
Should You Apply For A GE Money Personal Loan?
At GE Money, personal loans are available almost regardless of what you need them for, and the greatest advantage of getting one is that you receive quality assistance from specialists who can help you with your decision.
Going through the process of getting the loan is also known as one of the most secure methods of borrowing money in New Zealand. Not only are there secure systems in place to prevent fraud or identity theft, but the personal loan insurance policy provided by GE Money was designed specifically to address any concerns or potential risks the borrower may have to cope with during the repayment period, and provide valid and useful methods of providing practical assistance.
Coverage Related Details
The personal loan insurance policy was made to help you successfully deal with situations in which you may lose your job – through no fault of your own – have to take care of a family member that needs medical assistance, or cope with an illness or injury yourself.
These are some of the main coverage related advantages you can gain from the GE Money personal loan insurance policy:
• If you’ve lost your job, you can benefit from your loan repayments (for up to $1500) being covered for up to 6 months.
• In case you have been injured, or are facing a serious illness that prevents you from working, you can benefit from the same coverage, but your repayments will be covered until you are better, and can return to work.
• Life Cover is also available, so that in the event of your death, or a terminal illness diagnostic, your outstanding balance (up to $50000) will be paid out in full.
At GE Money, getting approved for a secure and advantageous loan is a straightforward process, and all you have to do is apply by phone or online on www.gemoney.co.nz to get approved and receive your money in as little as two business days. Also, you can read the personal loan insurance policy booklet, available on the official GE Money website, in case you need additional information about the insurance policy.