Craig Sims: ASB launches free bereavement home loan benefit
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Description
ASB bank has launched a new scheme to help households through bereavement. The benefit will cover a customer’s home loan interest costs for around 12 months if one of the...
show moreThe benefit will cover a customer’s home loan interest costs for around 12 months if one of the borrowers dies.
It is a free policy, that will be extended to around 160,000 eligible customers.
ASB's general manager of retail banking Craig Sims told Heather du Plessis-Allan a large cluster of society is eligible.
"Everybody who has a home, who's aged 18 to 64 with ASB and it's in your own name as oppose to a company name, you're automatically eligible."
Mr Sims added if the house is in a trust the occupant(s) does not qualify.
Information
Author | NZME |
Organization | NZME |
Website | - |
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