Motor Vehicle Insurance
Be Sure to Insure!
Imagine the inconvenience of being without your vehicle.
Could you afford costly repairs, or having to replace your vehicle altogether?
At Madill Motor Group we understand that your vehicle is a critical part of your life so we can assist you with your insurance needs to ensure your vehicle is comprehensively covered if the unexpected happens.
A comprehensive motor vehicle insurance policy provides new for old replacement cover of your brand new Toyota, Holden etc if it becomes a total loss, so long as it is less than 2 years old and your policy remains current.
Ask one of our Business Manager for further information on this product, or for a copy of the PDS.
FINANCE RELATED INSURANCE
We have access to the insurance products described below, which may help to protect from financial loss and personal inconvenience.
Finance Gap Insurance may assist in protecting you from suffering financial loss.
If your new vehicle becomes a total loss, there may be a ‘gap’ between the amount your insurer pays you and the outstanding balance of your vehicle finance contract. We can arrange a policy for you to protect you from this gap.
Gap Insurance is designed for where your comprehensively insured vehicle is written off (declared a total loss by the insurance company) as a result of accident or theft, you may find that the payout from your comprehensive insurer is less that what you owe your credit provider for your vehicle. This insurance also has a replacement benefit cover to assist with extra costs associated with the purchase of a replacement vehicle.
Loan Protection Insurance
Loan Protection Insurance is designed to assist make your car repayments in the event of specified changes to your personal circumstances.
Being off work due to serious illness, accidental injury, involuntary unemployment, or needing to care for a family member for an extended period, can be a daunting experience. LPI options have been designed to help in these unforeseen and difficult circumstances by making your vehicle repayments for a period of time.
The options available are:
- Accidental Injury
- Involuntary Unemployment/become a Full-Time Carer
- Involuntary Unemployment/become a Full-Time Carer can be combined with either of the first 2 covers.
Please contact us today to find out more, one of our friendly Business Managers will be happy to respond to any questions you might have.
The information provided on this site is general advice in nature only. You should review the applicable Product Disclosure Statement and consider if any of these products are suitable for your personal circumstance. Contact us for a copy.