Life is unpredictable. When it comes to dealing with illness and injury, this step-by-step checklist will guide you through the process.
A way to consolidate debts if you have more than one (for example a car loan, credit card debt or store card debt) into one NAB personal debt consolidation loan.
Financial hardship assistance
NAB may be able to offer you if you’re struggling to make your repayments for your loan or credit card because you don’t have the money to do so. This could be because of illness, injury or other unexpected life events. Learn more about financial hardship.
Income protection insurance
Financial protection you pay for now so that if you’re unable to work for the reasons agreed in your policy, you may be able to claim the agreed financial compensation from your insurance provider.
You may be able to access some of the money you have previously paid into your variable rate home loan via a loan redraw (this then increases the amount of your loan balance). After you redraw money from your home loan, you must continue to make your regular repayments. But you must remember that the interest part of your repayments will increase because you are now paying interest on a higher loan amount.
Loan repayment break
A loan repayment holiday could let you take off a few months' worth of repayments on your home loan or personal loan (if you’re far enough ahead on your repayments and eligible). To find out if you’re eligible, call us on 13 22 65.
If you’re a NAB customer, and you're struggling to keep on top of your repayments for your loan or credit cards, you can call 1800 701 599 to discuss how NAB may be able to assist. Learn more about NAB Assist.
Super is a regular payment made into a super fund by an employee towards a future pension. For most people, your employer must pay an amount equal to 9.5% of your salary into your super fund account. Your super savings can be self-managed, or controlled by the superannuation fund of your choice.
Total permanent disability insurance
Financial protection you pay for now so that if you suffer from a total permanent disability, you may be able to claim the agreed financial compensation from your insurance provider, as agreed in your policy.