Feel safe in the knowledge you’re covered with Loan Protection Insurance.

With our loan protection insurance, you’ll have the option of handing your vehicle back to the insurer and/or up to 6 months’ payment relief. You’ll receive up to $15,000 in coverage if one of the following happens:

Things you need to know

 

Coverage

What does this mean for you

The fine print

Up to 8 individual unforeseen life events are covered:

  • Involuntary unemployment
  • Disability
  • Medical condition that restricts ability to drive
  • Job relocation overseas
  • Trauma*
  • Accidental death*
  • Bankruptcy
  • Divorce

Rest easy, knowing that most of life’s unforeseen and unfortunate events are taken care of.

One initial flat-rate premium covers you for the life of your loan.

3 levels of coverage for you to choose from

Cover to suit your needs

 

Shortfall gap cover:

  • $7,500
  • $10,000
  • $15,000
You can give back your car and losses will be taken care of, either in-full or part. You’re covered for up to $15,000*.
Choose an additional monthly payment option*, where in the event of involuntary unemployment or disability, you’ll receive a payment for up to 6 months. Rest assured that your loan payments will be covered for up to 6 months, depending on your level of cover. Returning your car remains an option even when additional monthly payments are selected.
No lock-in contract Had a change of mind? Cancel the policy at any time and you’ll receive a refund for the unused portion.

Your refund is worked out on the remaining period of cover, less any charges that there may be, in accordance with relevant legislation.

* Conditions apply. See the PDS for further details.

Loan Protection Insurance - Financial Services Guide & Product Disclosure Statement (PDS)