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It often takes us years of hard work to obtain the things we value, whether it's the family home, possessions, or a car. An integral part of any financial planning is ensuring that the things you value are protected. One very valuable thing to protect is your ability to continue paying your loan commitments if an unfortunate event occurs.

Home or personal loans are long term commitments, and you can protect your ability to meet them with Credit Protection Insurance^. Credit Protection provides you with the peace of mind of knowing that (depending on the level of cover you choose) if an unfortunate event occurs, such as your death, an accident or sickness, or involuntary unemployment, your loan repayments are protected and can be covered.

  • Life cover up to $1.5 million
  • Simple one page application process
  • No medical questionnaire for amounts under $750,000
  • Accident & Sickness cover up to $12,000 per month
  • Involuntary Unemployment cover up to $12,000 per month
  • A number of different payment options available
  • Single or joint cover available

Policy Options

  • Gold: Life, Accident & Sickness and Involuntary Unemployment*
  • Silver: Life and Accident & Sickness Cover
  • Bronze: Life Cover Only

To find out more about how Credit Protection can help protect your loan repayments, send your enquiry via our online contact form, call into your local IMB or call us on 133 462.

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Important Information:
Credit Protection is issued by St Andrew's Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL No. 239649 and St Andrew's Life Insurance Pty Ltd ABN 98 105 176 243 AFSL No. 281731.This insurance is not compulsory and may be obtained from an insurer of your choice. The information contained in this document is general and does not take into account your individual needs, circumstances, objectives or financial situation. You may wish to speak to an adviser authorised to provide advice tailored for your personal situation before making a decision to purchase this insurance. This material should be read in conjunction with the Product Disclosure Statement (PDS) and Policy Wording. You should consider the PDS before making a decision to purchase this policy.The information supplied is indicative only and is not an offer to lend or a formal disclosure statement. Applications are subject to normal eligibility guidelines. This website contains general advice and does not take account of your objectives, financial situation or needs. You should consider the appropriateness of the advice before acting on it, and read the PDS before making any decision about whether to acquire this insurance. You should read the PDS to determine if you are eligible. The issuers are responsible for meeting all claims.IMB Limited receives a commission of up to 20% from the issuers for arranging this insurance. The issuers reserve the right not to accept certain proposals and the right to issue the policy subject to certain exclusions, conditions and limitations. You should read the PDS for a full explanation of the policy terms and conditions. ^Eligibility criteria apply. *Involuntary Unemployment Cover is unavailable to the Self-Employed, those working less than 20 hours per week, or those working as a subcontractor. † Exclusions and limitations apply. IMB’s Financial Services Guide is available by clicking here.

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Why choose IMB Bank?

Established in 1880, IMB has been helping people achieve their financial goals for 138 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and can arrange a wide range of insurance and travel products.

IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.

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