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  • MLC EasyCover

MLC EasyCover

MLC EasyCover is a simple insurance package which you can take out at the same time that you set up your home loan. It provides comfort that if something were to happen to you, you'll still be able to make your repayments.

What's more, you don't have to have a NAB mortgage to take advantage of MLC EasyCover. It can be taken out in conjunction with any home loan, as long as the loan was established less than 60 days ago.

MLC EasyCover is a life insurance policy that covers you for:

  • death
  • disability (including critical illness), and
  • involuntary unemployment.

MLC makes caring for your financial future easy by providing a simple application process. Your application is automatically accepted1, which means no embarrassing personal questions or medical examinations.

Once your policy is established, you control the amount insured2, regardless of whether you reduce, refinance or pay off your home loan.

Importantly, the benefits on the policy are paid to either you or your nominated beneficiary3 and not to the bank, so you remain in control.

To find out more about MLC EasyCover, contact your NAB banker or mortgage broker or call MLC on 132 652.

Disclaimer

1. Automatic acceptance applies when MLC receives relevant documentation. Age limits and minimum and maximum levels of cover apply. Pre-existing medical conditions are not covered. A loan must be taken out when this insurance is applied for.
2. Subject to policy terms and conditions and maximum and minimum levels of cover as referred to in the Product Disclosure Statement (PDS).
3. Subject to policy terms and conditions.

 

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