Finance Protection Insurance

Added peace of mind, with cover for the unexpected
This policy covers your vehicle finance repayments if you are unable to work due to temporary or total disablement, involuntary unemployment or death, and offers:
 
1. Involuntary unemployment cover 
2. Cover following total and temporary disablement 
3. Coverage in the event of death 
 
1. Before you buy Finance Protection Insurance, you should:
 Find out what the policy covers and what it does not cover.
 Carefully read the Table below and ask the seller if you do not
 understand it.

 Be aware that if you are unable to make your finance repayment due to
 a disability caused by a pre-existing medical condition that you knew
 about at the time you took out the policy, the insurer may not pay your
 claim.

 Read the policy carefully to understand when the policy covers your
 Finance repayment and when it does not.

If you decide to buy Finance Protection Insurance, you must:
 
1.Answer all questions on the application form truthfully and accurately;
and tell the insurer everything that you know about your health that may
increase the likelihood of your making a claim under the policy in the
future. (If you don’t do that, the insurer may not have to pay claims
under your policy)
2. Be aware that you may be able to arrange Finance Protection Insurance
through a different insurer.
Note also Finance Protection Insurance may only be available as part
of a finance arrangement.
3.Some of your insurance premium, up to twenty per cent, may be paid
to the seller of the policy as a commission.
4.Cooling-off period.

After you purchase Finance Protection Insurance, you will receive the
policy document. You will then have 14 days to check that the policy
and benefits meet your needs. This is known as the cooling-off period.
Within this period you may return the policy and receive full refund of
all premiums paid.