everyday loans - repayment protection

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loan repayment protection

Peace of mind for your monthly repayments

If you borrow from everydayloans, you’ll need to keep up your monthly loan repayments.

Whilst you’re healthy and working, making repayments isn’t a problem. But what if your circumstances were unexpectedly to change?

For peace-of mind, everydayloans Loan Repayment Protection offers three optional insurances. Each is designed to make your repayments for you should certain situations arise.

What Repayment Protection Insurance offers you?

Life Repayment Protection Insurance settles your loan outright should you die. Without it, your estate would have to do so – potentially reducing funds available to your dependents.

Accident and Sickness Repayment Protection Insurance covers your loan repayments for up to 60 months if you are unable to work due to unforeseen sickness or an accident.

Unemployment Repayment Protection Insurance covers your loan repayments for up to 12 months if you unexpectedly lose your job through no fault of your own.

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These products are optional. You can choose one or any combination of the types of repayment cover available. We can help you decide what is most appropriate for you when we meet. Benefits, exclusions, eligibility details and a copy of the policy will be made available before you choose to take out your insurance.

everydayloans also offers Protection Plus Insurance - a substantial cash lump sum to protect your family if you have an accident, fall critically ill or die. If cover is relevant to your situation, we’ll discuss it when we meet.

 

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* Loans subject to status. everydayloans is a trading style of Everyday Loans Limited (Company registration no. 5536115, England & Wales) whose registered office is at 10 Norwich Street, London, EC4A 1BD and whose trading address is Willowbank House, 84 Station Road, Marlow, Bucks, SL7 1NX

 

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