Car insurance for novated leasing

Comprehensive Motor Vehicle Insurance

Our Comprehensive Motor Vehicle Insurance offers you a high-value policy with extensive cover to keep your car insured against accidents, repairs and changes in circumstance.

Key benefits:

• Lease payout: when your vehicle is a total loss, we will pay to discharge your obligations under the lease if the amount due is more than the market value
• Replacement vehicle for vehicles less than 36 months old (conditions apply)
• Choice of repairer, or access to a network of preferred suppliers (subject to approval)
• Coverage of all accessories
• Coverage for emergency repairs and replacement of locks and key
• Provision of hire car in the event of an accident (conditions apply)

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• Comprehensive insurance benefits 
• Product Disclosure Statement 

LeaseGuard

Key benefits:

• LeaseGuard provides cover in the event of involuntary unemployment as a result of redundancy, retrenchment or the forced early cessation of your fixed term employment contract:
  • LeaseGuard will pay your monthly lease payments for up to 11 months of payments, or for an amount up to $15,000 (whichever comes first). 
    
  • Alternatively you can choose to hand the vehicle back at any time after we have made 3 monthly repayments and before the sixth payment is made, and claim the difference between the fair sale price and the amount required to early terminate your lease, up to a balance of $15,000, less the amounts already paid by us under the monthly lease payment benefit. 
    

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• LeaseGuard benefits 
• Product Disclosure Statement