````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````LOAN INSURANCE – PERSONAL LOAN INSURANCE 

Under a typical loan insurance cover if, as the result of an incident covered by your Loan Insurance policy, you are unable to meet your loan commitments, the Loan Insurance will either cover your monthly repayments (to a maxi­mum of $1000 per month) or pay out the loan in full (to a maximum of $100,000), regardless of any compensation or other income you might receive. The very few events that the Loan Insurance doesn't cover should be listed fully in the policy.