A lot can happen over your lifetime
Lending 4U's services extend beyond just helping you find the right loan. It’s also about helping you understand the risks of borrowing. ALI Group’s My Protection Plan is a product we offer that could assist with managing these risks.
Please keep in mind the following advice is not tailored to your circumstances. You should read the Product Disclosure Statement (PDS) and consider whether this product meets your needs.
Financial hardship can happen to anyone
It’s safe to assume that our standard of living, health and family are important to us. However, there are certain events, such as serious illness or injury, which can put your home, lifestyle and future plans at risk.
What’s your back up plan? If you haven't got a clear plan, you're not alone. People don't even like to think about it – even though they need to.
My Protection Plan: Protects you My Protection Plan is an optional life insurance policy - which could provide you with a payment in the event of serious illness, specified injury or death. You can choose how and when you use those benefit funds – for instance, to help with living expenses, medical costs, or reduce large debts. Just as important, My Protection Plan is flexible, doesn’t require any medicals and covers all types of employment.
The real-world benefits
Joel and Anna achieved their first home dream with the help of guarantors. To give themselves and their guarantors peace of mind if anything were to happen to either of them, they took out the protection offered by their broker, Craig. Then, at the same time they were expecting their second child together, 24-year-old Joel was diagnosed with testicular cancer. The money they received from making a claim on their policy, lifted the financial burden and stress and allowed Joel to focus on his health and his young family.
Who are ALI Group?
Established in 2003, ALI Group is a specialist risk insurance business committed to protecting Australian home and property buyers from financial hardship.
If you would like more information about ALI Group or to see how they have assisted many Australians when they really needed it go to www.aligroup.com.au.
IMPORTANT INFORMATION: My Protection Plan is issued by Zurich Australia Limited ABN 92 000 010 195 AFSL 232510. It is distributed by Australian Life Insurance Distribution Pty Ltd ABN 31 103 157 811 AFSL 226403 (ALI). ALI’s AFS licence authorises the provision of general financial product advice only. This means that any advice provided to you by ALI and its representatives (including mortgage brokers appointed as its authorised representatives) in relation to My Protection Plan does not take into consideration your personal objectives, financial situation and needs, or any information held as a result of the provision of credit assistance by your mortgage broker relating to your home loan or other loans. Whilst the initial My Protection Plan quote you received was based on your loan amount, we are not recommending that this product nor any specific cover amount is personally suited to you and your circumstances. You should consider the combined Product Disclosure Statement and Policy Document (available at http://www.aligroup.com.au) when deciding if this product is appropriate for you. If you require advice specific to your circumstances, you should speak to a financial adviser. © ALI Group 2021