Farmers Card Repayment Insurance

How would you make your Farmers Card repayments if you couldn't work due to accident, illness or redundancy?


Repayment insurance makes good sense

 

 

  • Farmers Card Repayment InsuranceIt costs just 89 cents for each $100 of your closing balance each month where a payment is due. And only 63 cents for each $100 of your closing balance each month that is within a payment holiday period. So if you owe nothing then no premium is charged.
  • Up to $20,000 cover if you’re made redundant*
    If you are a permanent full-time employee and made involuntarily redundant and are unable to work for at least 30 consecutive days or more; then this Policy could ensure your Card repayments are covered.
  • Up to $20,000 cover if you’re declared bankrupt*
    If you’re declared bankrupt your total outstanding Farmers Card balance, at the date of bankruptcy, may be repaid in one lump sum up to a maximum of $20,000.
  • Up to $20,000 cover for temporary or permanent disablement*
    If an accident or illness prevents you from working for 30 consecutive days or more; then this Policy could ensure your total outstanding Farmers Card balance, at the date you become disabled, is repaid in one lump sum up to a maximum of $20,000.
  • Up to $20,000 cover for terminal illness or death*
    In the event you are diagnosed with a terminal illness or your passing, then this Policy could ensure your closing balance, at the time of the event, is repaid in one lump sum up to a maximum of $20,000.

*Terms and conditions apply. Click here to view the full policy and the terms and conditions.