BT Protection Plans for Mortgage Customers provides simple, convenient and affordable mortgage protection insurance that can help you continue to pay off your home loan and meet other costs if you suffer a terminal illness or die, or cannot work due to sickness or injury.
Simple cover designed specifically to help protect your home loan
Term Life option provides a lump sum payout in the event of death or terminal illness
Income Protection option pays a regular benefit if you can’t work due to sickness or injury
If you were unable to work due to illness or injury, chances are one of your first concerns would be how you would keep up with your home loan repayments.
The same applies to your family if you passed away unexpectedly.
The good news is that BT Protection Plans for Mortgage Customers lets you choose one or both of the benefits below to enjoy peace of mind that there is assistance with your home loan repayments if you are unable to work, or you’re no longer around.
Help your family to pay the home loan and continue to live in a much-loved family home if you're not around.
Assists you in continuing to meet your everyday living expenses including your home loan repayments if you are unable to work, due to sickness or injury.
BT Protection Plans and BT Protection Plans for Mortgage Customers are issued by Westpac Life Insurance Services Limited ABN 31 003 149 157 (WLIS), except for Term Life as Superannuation and Income Protection as Superannuation which are issued by Westpac Securities Administration Limited ABN 77 000 049 472 (WSAL) as trustee of the Westpac MasterTrust ABN 81 236 903 448. WLIS and WSAL are wholly owned subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 (the Bank). The Bank does not guarantee the insurance. This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply. Read the Product Disclosure Statement to see if this insurance is right for you.
© BT Financial Group – a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714