Loan Protection Insurance

Are you looking for loan protection insurance like Credit Contract Insurance (CCI) or LifeStyle Protection Insurance (LPI)? Need some expert advice? Finding the right insurance policy could be hard, fortunately, Max Insurances is here to help. Read on to find out more about what we can offer.



What are CCI and LPI?


Taking out a loan can be an important financial commitment, and you are expected to make regular repayments back to the finance company over the loan term. However, life doesn’t always go to plan, and unforeseen events can quickly change your situation. That’s why it’s so important to have the right protection to cover yourself.


Credit Contract Insurance (CCI) and LifeStyle Protection Insurance (LPI) are designed to protect you from financial hardship when the unexpected happens. These two types of insurance products generally provide you with similar protection, however, they do have differences. Before purchasing, make sure that you familiarise yourself with each policy and understand exactly what you are covered for.


CCI is the type of insurance to cover your loan repayments directly to the finance company in the event of redundancy, bankruptcy, business interruption, suspension, hospitalisation, illness or accident.


LPI is based on an agreed nominated monthly amount you would like to be protected for. It helps you and your family maintain your lifestyle and financial wellbeing if anything serious should happen to you, such as death, accidental death, terminal illness, accident, disablement, redundancy, business interruption, bankruptcy, suspension and hospitalisation.



How can Max Insurances help?


We’ve been taking care of Kiwis since founding Max Loans in 2012, and are very successful in helping many of our customers secure finance. We fully understand that taking a loan is an important financial decision, and could be very stressful if you’re unable to meet your payments due to unforeseen circumstances. So we want to help ease the stress on you and your family in difficult situations.


We work with our Personal Lending Advisers at Max Loans to help secure CCI and LPI to ensure you have the protection needed to help you continue to meet either your loan or lifestyle commitments should something unexpected happen.



Why choose Max Insurances


  • We have access to many different insurance policies, allowing us to give you flexibility in cover
  • We put you first and provide advice in your best interest
  • We are a 100% NZ owned business, and have a thorough understanding of insurance products in NZ
  • Our service is fast, easy and free


At Max Insurances, we know how important your time is, so we work hard to make the process simple. With our expert knowledge of insurance products and a network of industry contacts, we make it easy for you to explore your options and get the most appropriate insurance cover at a competitive price. Offering you maximum service with minimum fuss is our commitment to you!



Contact Max Insurances today


Need more details? No problem! You are always welcome to email us or give us a call on 0800 ASK MAX (0800 275 629), and we will arm you with all the information you need to make an informed decision.

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