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Hi Tracey More often the insurance is provided by general insurance areas than your life insurance co's. Commonwealth http://www.commbank.com.au/personal/insurance/loan-protection/default.aspx - problem is its limited to cba loans NAB thru MLC offer a thing called debt insurance - which...

But... you have people lose their jobs and whinge about it - and at the same time they could have taken out insurance for what - $100 a month? which would save them a few headaches and keep the repayments up to speed and alleviate a few issues. Amazing how people'll pay a mortgage but wont...