Payment cover.

If you lost your job, were injured or became ill and weren't able to work, it'd be nice to have at least one thing not to worry about so much. That's where the hitherto boring subject of insurance becomes instantly kind of attractive.

With Virgin Credit Card Payment Cover, you'll get help with your repayments in these times of need (plus the balance owing is paid - up to $50,000 - if, heaven forbid, you die).

What am I up for?

Premiums are charged at 52 cents for every $100 of the balance owing on your monthly statement. The less you owe means the less you pay.

For example:

• If Tim owes $500 on his card, he pays $2.60 that month.
• If Mary owes $1500 on her card, she pays $7.80 that month

Who can apply?

Virgin Credit Card account holders aged between 18 and 65 who are in paid employment, working at least 15 hours each week.

How can I apply?

You can apply online anytime or call Westpac General Insurance Limited direct and they'll put an application form in the post for you to autograph - dial 1300 369 989 between 8.45am and 5.00pm, Monday to Friday.

How do I know I'm covered?

Once your application is accepted, you'll get a welcome letter and policy schedule in the post within one to two weeks.