|  | Repayment protection insurance
If you take out a personal loan, home loan or use a credit card, you are liable for the outstanding balance – even if you are off work. Repayment protection insurance is a simple, affordable way to make sure your loan repayments will be made if you are unable to work because of an accident, sickness or involuntary unemployment. Repayment Protection Insurance is an optional insurance.
Northern Bank offers a variety of repayment protection insurance programmes with flexible terms.
| | | | | | | Personal loans
Personal Loan Repayment Protection Insurance covers your loan payments and provides death benefits of up to £50,000.
Credit cards
Credit Card Payment Protection Insurance provides monthly payments on your credit card account balance and may provide hospitalisation and other benefits. | | Home loans
Home Loan Repayment Protection Insurance, part of our Tailored Mortgage Protection programme, ensures that your mortgage payments will be made for up to 12 months. |
Important information
Northern Bank can provide you with advice on Repayment Protection Insurance which is provided by the following insurers for the following products:
Home loans: The insurance is provided by London and Edinburgh Insurance Company Limited, trading as Norwich Union (registered in England, No. 924430; registered office: 8 Surrey Street, Norwich NR1 3NG).
Personal Loans: This insurance is provided by the following insurers: For accident, sickness and hospitalisation benefits for agreements with a term of less than 60 months, and for unemployment benefits, London and Edinburgh Insurance Company Limited, trading as Norwich Union, (registered in England, No. 924430; registered office: 8 Surrey Street, Norwich NR1 3NG). For accident, sickness and hospitalisation benefits for agreements with a term of 60 months or more and for life benefits, Norwich Union Life and Pensions Limited (registered in England, No. 3253947; registered office: 2 Rougier Street, York YO90 1UU).
Credit Cards: This insurance is provided by the following insurers: For accident, sickness, hospitalisation and unemployment benefits, London and Edinburgh Insurance Company Limited, trading as Norwich Union, (registered in England, No. 924430; registered office: 8 Surrey Street, Norwich NR1 3NG). For life benefits, Norwich Union Life and Pensions Limited (registered in England, No. 3253947; registered office: 2 Rougier Street, York YO90 1UU).
Northern Bank Limited, London and Edinburgh Insurance Company Limited, and Norwich Union Life and Pensions Limited are all authorised and regulated by the Financial Services Authority. Northern Bank is a member of the Danske Bank Group. |
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