Secure your car loan with payment protection insurance
Whether you have a car, motorcycle or motorhome, payment protection insurance gives you peace of mind.
Secures the loan in the event of illness, temporary lay-off, unemployment or death
Cover for critical illness
Payout for up to 12 months
What is secured car loan?
Secured car loan is a payment protection insurance that helps you pay your car loan if your income suddenly falls.
The insurance provides financial peace of mind if you become ill over time, lose your job, are temporarily laid off or are affected by critical illness. In the event of death or critical illness, the entire remaining loan amount can be written off.
This means you can keep your car and have predictability in your finances — even when life changes.
What does secured car loan cover?
Who can purchase a secured car loan?
To purchase a secured car loan you must:
- Be between 18 and 65 years of age
- Be employed in a permanent position (at least 16 hours per week*) or be self-employed
- Not be aware of any illness, sick leave certificate or expected unemployment at the time of purchase
- Be in good health and fit for work when you purchase the insurance
*A person is considered to be in full-time employment when they work a minimum of 16 hours per week and have been working continuously for a period of 180 days.
How it works
- Select secured car loan in the application when you apply for a car loan with DNB
- Review the documents you receive before purchase – IPID, terms and conditions, right to cancel
- Confirm the self-declaration
- Sign – and the insurance is activated from the loan's disbursement date
- In the event of a claim: Report an insurance event and receive monthly payments or cancellation of the loan depending on the type of cover
Frequently asked questions
Product information
Here you can download the terms and conditions that apply to you as a purchaser of payment protection insurance.
Payment protection insurance loan - terms and conditions and certificate
How the price works
Loans for vehicles
Fremtind Forsikring
As a DNB customer, you get insurance supplied by Fremtind Forsikring – one of Norway’s largest insurance providers, with extensive experience. You are still a customer of DNB, and should contact us if you want to buy insurance, make changes, make a claim or have any questions.
To give you an offer, DNB will share your personal data with Fremtind. You can see how this is processed in Fremtind’s personal privacy statement.