Mortgage protection insurance

Buying a new home is an exciting time in your life and a big part of planning for your future. So it’s important to make sure you’re covered for whatever life throws at you.

Did you know?

Protecting your new home

Unfortunately, unforseen life events could impact your ability to meet your mortgage repayments. We all like to think "it won't happen to me", but illness doesn't discriminate.

Mortgage Choice offers Mortgage Protection Insurance, which provides protection** in the event of:

Death and Terminal Illness

Pays a benefit to you and your estate based on the loan amount rounded to the next $10,000 (min. $50,000 and max. $750,000).

Critical Illness

Covers 11 serious medical conditions. Equal to 30% of the Death and Terminal Illness Benefit.

Involuntary Unemployment

Pays a maximum of three monthly benefits at the rate of 1% of the Death Benefit per month (max. $2,500 per month).

Talk to us about protecting your loan

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Please refer to the Loan Protection Plan Product Disclosure Statement for details. 


*Cancer Council, Cancer in Australia: An overview (2008)
^Lifewise, Understanding the Social and Economic Cost of Underinsurance (2010)
**Please read the Loan Protection Plan PDS at for Full Terms and Conditions.