Loan cover

NAB Personal Loan Cover

NAB Personal Loan Cover (for personal loans) is an insurance policy that can help, in certain situations, to protect your NAB Personal Loan if death, disability or involuntary unemployment should affect your ability to make repayments. You're not obliged to buy insurance for your loan.

It's important that you read the NAB Personal Loan Cover PDS (596KB) before making any decisions about acquiring the product.

Important information about NAB Personal Loan Cover

Any advice in this loan application is intended to provide general information only and has been prepared by the National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 ('NAB') without taking into account your personal objectives, financial situation or needs.

Before acting on any advice in this document, NAB recommends that you consider whether it is appropriate for your circumstances. Information about NAB Personal Loan Cover (PDS, 596KB) is contained in the relevant Product Disclosure Statement (PDS) which can be obtained by phoning 13 22 95 or by downloading it via the link in the loan application. You should obtain and consider the PDS relating to NAB Personal Loan Cover (to protect a personal loan) before making any decision about whether to acquire the product. Conditions and exclusions are detailed in the PDS.

MLC Limited ABN 90 000 000 402 AFSL 230694 of 105 - 153 Miller Street, North Sydney, NSW 2060, is a related body corporate of NAB. A NAB Personal Loan Cover policy does not represent a deposit with, or liability of, NAB or any of its related bodies corporate (other than a liability of MLC as insurer). Neither NAB, nor any of its related bodies corporate (other than MLC as insurer) guarantees or accepts liability in respect of NAB Personal Loan Cover.

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