Debt Protection

We believe that you should be free to enjoy the benefits of your investment rather than it being something else to worry about. It’s why we offer a range of insurance products to cover your debt repayments when you take out a mortgage, personal loan, or credit card with NAB.

Women at market

NAB Mortgage Protect

Owning your own home is your greatest asset so ensuring that you can meet your mortgage repayments should something happen to you, makes perfect sense. With NAB Mortgage Protect you receive life cover, disablement cover and involuntary unemployment cover all under the same policy.

  • Available to take out any time – when you first apply for your NAB mortgage or any time after the drawdown of the  loan
  • Provides comfort that if something happens to you, you'll still be able to make your mortgage repayments
  • No medical examinations required

Find out more about NAB Mortgage Protect and how to make a claim.

NAB Personal Loan Cover

Taking out a loan is a long-term commitment. As unexpected things could happen to anyone at any stage in their life, protecting your long term commitments is important. If you become critically ill, lose your job, or you’re unable to work due to sickness or injury, NAB Personal LoanCover can cover your loan repayments. It could even pay out the loan if you die.

  • Available to take out any time – when you first apply for your NAB personal loan or any time after the drawdown of the loan
  • No medical examinations required
  • Life cover can payout the loan up to a maximum of $80,000

Loan repayments will be covered if you:

  • cannot work for an extended period of time due to sickness or injury
  • lose your job for reasons outside your control.

Find out more about NAB Personal Loan Cover and how to make a claim.

NAB Credit Card Cover

NAB Credit Card Cover is there to make sure that if your circumstances unexpectedly change your lifestyle doesn’t have to and your credit rating may be preserved.

  • Available to take out when you get a NAB credit card
  • Protects your ability to meet your credit card repayments if your circumstances unexpectedly change – such as losing your job, becoming disabled or critically ill, or you die
  • If you have additional cardholders on your NAB credit card account, you may claim for events that happen to them as well

Find out more about NAB Credit Card Cover and how to make a claim.

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