Insurance

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Motor Vehicle Insurance

There is one level of cover offered through Allianz to our customers called the  Prestige Motor Vehicle Insurance:

Comprehensive Cover

What we cover under this policy:

Accidental loss or damage to a customers vehicle, plus
Damage to other people’s property
A no claim bonus is a benefit we provide which recognises a customers individual claims history.

Other benefits include;
Substitute vehicle
Legal costs
Rental car following theft
Trailer and caravan cover
Emergency repairs
Emergency accommodation costs
Re keying and re coding of your vehicles locks

For further information about benefits under Prestige Motor Vehicle Insurance, please refer to the Product Disclosure Statement for full details. 

Ask us for a quote for your new or used car. We can obtain excellent rates and policies on your behalf.

Motor Equity Insurance

Motor Equity Insurance (MEI) or GAP Cover is a policy that offers cover when the payout on the loan contract exceeds the payout of your comprehensive insurance policy. Motor Equity Insurance pays the difference between the two.

To apply for Motor Equity Insurance, your Customer's vehicle…

Must be subject to a loan contract, and
Must have comprehensive motor vehicle insurance
What is covered by this policy…

Loan Settlement Cover

If a total loss payment is made in relation to the vehicle by the customer's comprehensive insurer the MEI provider  will pay your financier the difference between the total loss payment and the loan settlement amount subject to the cover chosen by the customer.

Extra Cover

If a total loss payment is made by an insurer in relation to the customer's vehicle, the MEI provider will also pay the customer for the following extra expenses incurred on their replacement vehicle:

Policy Excess (motor vehicle)
Delivery charges
Registration costs
Compulsory third party insurance
Stamp duty
Up to 10 days car hire up to a maximum of $70.00 per day, but only if the car hire has been arranged by or approved by the MEI provider.

Please refer to the Product Disclosure Statement for full details.

Loan Protection Insurance - Consumer and Business

Loan Protection Insurance products protect a customer against the risk of being unable to meet their loan repayments as a result of death, trauma, disability or involuntary unemployment, subject to any maximum payouts stipulated in the contract. Loan Protection Insurance products are not compulsory and in all cases can only be taken as part of a loan package. Business Loan Protection Insurance (or BLPI) can only be taken if at least 50% of the loan will be applied towards business or investment purposes.

Our Loan Protection Insurance products are designed to provide customers with protection and peace of mind knowing that if the unforeseen happens, their repayments will be made in those circumstances which are covered.

There are three (3) types of cover available under this these products:

Trauma and Death Cover (please refer to the Product Disclosure Statement and Policy Document for insurer details)
Disability Cover (This cover is provided by Allianz Australia Insurance Limited (Allianz) AFSL 234708 ABN 15 000 122 850)
Involuntary Unemployment Cover (This cover is provided by Allianz Australia Insurance Limited (Allianz) AFSL 234708 ABN 15 000 122 850)
There are a number of exclusions that apply to this type of cover.

Choice of Cover:

A client may choose any one of the following combinations of cover:
Trauma and death, disability and involuntary unemployment,
Disability and involuntary unemployment,
Trauma and death and disability,
Disability only, or
Trauma and death only.

 
On all of the above mentioned insurance products please refer to the relevant Product Disclosure Statement and Policy Document for full details on all policies and any relevant exclusions or inclusion. Please also speak to one of our Business Managers to obtain information on any of our insurance products as well as the Product Disclosure Statement.

finance & insurance quote