Making sure you're covered

Lets be honest, nobody likes to think about the ‘what ifs’, but sometimes you need to have a back up plan. What would you do if you lost your income without warning, or through illness or an accident? You don’t want to worry about how you’re going to keep paying back your secured loan. That’s why Nemo have linked up with Norwich Union to offer a Payment Protection Plan, which takes away the ‘what ifs’.

Our Payment Protection Plan is designed to meet the loan repayments (up to a maximum) of the first named person on the agreement for up to twelve months if they are unable to work due to involuntary unemployment. It will also repay the loan if the first named person on the agreement dies. In addition you can choose to add life cover for the second named person on the agreement which would ensure the loan would be repaid in the event of their death.

With the added reassurance of the Nemo Payment Protection Plan, your loan repayments will be covered (up to the maximum coverage) if you are unable to work due to accident or sickness for the next three, four or five years depending on your choice of term.

It’s not just the loan we aim to keep nice and simple, adding Payment Protection to your loan is straightforward and can be done in the application process. The cost of the insurance premium will be added to your loan.

The Nemo Payment Protection Plan is underwritten by Norwich Union Insurance limited so you can be confident in the knowledge that you are insured with a well known and trusted insurer.

For full details of the terms, conditions and cancellation rights of this policy please read the key facts and terms and conditions documents below.

*Click here to view Nemo Policy Summary
*Click here to view details of our policy terms and conditions