When you think about your financial commitments, would you and your family be able to cope financially if life took a turn for the worse? It’s not a question we like to think about, but it’s an important one.
From time to time we share our tips on everything from saving for a rainy day and budgeting to paying off your home loan faster, so you can put yourself in a better financial situation. We know everyone’s circumstances are different, which is why we feel it’s important to provide members with a range of options to suit their needs.
Now, thanks to a new arrangement between Community First and NobleOak, you have the option to protect you and your family through FlexiCover Life Insurance products from NobleOak Life. We’re picky when it comes to who we partner with, so you can be sure we’ve selected a partner who offers value for money and great benefits so you can enjoy peace of mind. But don’t take our word for it – NobleOak was Australia’s most awarded Direct Life Insurer of 2020^^.
With FlexiCover Life Insurance you can choose a level of cover to suit your requirements. For example, you may want to apply for a sum insured which will be enough to cover your outstanding debts, such as; a home loan, car loan, personal loan etc. so if something happens to you your family will be able to continue paying these commitments. You can even decrease your cover by up to 10% each year as your debts decrease, so you are only paying for what you feel you require. Plus, in the event of a claim the proceeds are paid directly to you, not your lender. It renews each year while premiums are paid, and it is life insurance cover for you so it’s not tied to any specific loans or lenders. After all, things can change!
To find out more about FlexiCover, visit our website or call the NobleOak FlexiCover team on 1300 108 490 and mention ‘Community First’. Plus, if you take out a policy, Community First members receive the first month of cover free!^