Financial hardship.

Providing support to our customers experiencing financial hardship

Financial hardship

People experience financial hardship for many reasons. It can be hard to pay bills and keep commitments around money. With insurance, this might mean you are struggling to pay your premium or excess after a claim.

We understand that money can be tight at times, and we are committed to providing support if you are experiencing financial hardship.

If you would like to request financial assistance from Hollard, please download our Financial Declaration Form or call us on 02 9253 6600.

How can we support you?

Depending on your circumstances, if you are a customer, third-party beneficiary, or an individual we are seeking to recover money from, our support could include the below options.

  • Changing your policy from annual to monthly payments
  • Helping you review your policy cover
  • Fast track an advance payment on a claim
  • Reduce or remove any excess due from the claim payment
  • Reduce or remove overdue premiums from any policy
  • Fast track the claim decision process, and pay a portion of the claim in advance
  • Offer instalment payments on any monies owed
  • Put the recovery of monies on hold
How to apply for support

We encourage you to contact us if you are experiencing financial hardship and we’ll work out what options are available to support you.

Depending on the type of support you need, you may be required to complete a form and provide supporting documents such as bank statements, Centrelink statements, and pay slips.

Access to external support and advice

Logo Moneysmart
MoneySmart

moneysmart.gov.au

Practical financial advice and tools to help you make informed decisions about managing your money and planning for your financial future.

Logo Good Shepherd
Good Shepherd

goodshep.org.au

Financial support, advice and community services to help individuals overcome economic hardship and build financial resilience.

Logo National Debt Helpline
National Debt Helpline

ndh.org.au
1800 007 007

A free confidential service providing expert support and advice to help people manage financial difficulties and information to people who receive large settlements following a claim.

Logo Financial Services Mob Strong

Mob Strong Debt Helpline

financialrights.org.au

A free legal and counselling service about money matters, including debt and insurance for First Nations people anywhere in Australia.

 

Logo Sbdh

Small Business Debt Helpline

sbdh.org.au

1800 413 828

A free, confidential and independent service for small business owners who are experiencing financial difficulty.

Logo Daff Gov

Rural Financial Counselling

agriculture.gov.au

If you are a farmer or a grower, a rural financial counsellor can help you plan for recovery, negotiate with creditors and access professional services.

 

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