If you are an existing Repayment Insurance policyholder you can relax knowing that your entire Q Card Closing Balance could be covered if you or your partner can’t work due to an accident, illness or redundancy.
Consumer Insurance Services Ltd has a B+ (good) financial strength rating, which was given by A.M. Best Company Inc. on 3 June 2021 A.M. Best Company Inc. is an approved agency pursuant to the Insurance (Prudential Supervision) Act 2010.
Consumer Insurance Services Limited Solvency as at 31 December 2020 is: Actual Solvency Capital = $3,562,000, Minimum Solvency Capital = $3,000,000, Solvency Margin = $562,000, Solvency Ratio = 119%.
The Ratings Scale is: A++, A+ = Superior, A, A- = Excellent, B++, B+ = Good, B, B- = Fair, C++, C+ = Marginal, C, C- = Weak, D = Poor, E = Under Regulatory Supervision, F = In Liquidation, S = Suspended
It costs just 89 cents, or 63 cents
It costs just 89 cents for each $100 of your Closing Balance each month where a payment is due. And only 63 cents for each $100 of your Closing Balance each month that is within a payment holiday period. So if you owe nothing, no premium is charged.
For full terms and conditions please view the policy. For more information call 0800 855 333.
Cover your Closing Balance if you’re made redundant*
If you or your partner are a permanent full-time employee and are made involuntarily redundant and are unable to work for at least 30 consecutive days or more; Card Repayment Insurance could pay your Closing Balance on the date immediately before you become redundant.
Cover your Closing Balance if you’re declared bankrupt*
If you or your partner are declared bankrupt Card Repayment Insurance could pay your Closing Balance, at the date immediately before you or your partner were declared bankrupt.
Cover your Closing Balance for temporary or permanent disablement*
If an accident or illness prevents you or your partner from working for 30 consecutive days or more; then Card Repayment Insurance could pay your Closing Balance at the date immediately before you become temporary or permanently disabled.
Cover your Closing Balance for terminal illness or death*
In the event you or your partner are diagnosed with a terminal illness or your or your partners passing, Card Repayment Insurance could ensure your Closing Balance, at the time of the event.
How to make a claim
To lodge a claim please complete the Card Repayment Insurance Claim Form
Once you have completed the form either email it to firstname.lastname@example.org or
post it to: Consumer Insurance Services Limited, Private Bag 94013, Auckland 2241
For further enquiries please phone Consumer Insurance Services Limited on 0800 855 333.