Loan Protection Insurance
The risks with having finance for your car, is if something happens to your ability to earn money or your car gets written off, then you might find it difficult to manage financially.
This policy is designed to help protect you, your family and your savings, if something like that happens to you.
What is LPI?
Autosure Loan Protection Insurance (LPI) protects you for the repayment of your loan obligations to your lender if you suffer an insured event.
Insured Events
Severe Life Impact
Temporary Loss of Income
Shortfall
Death, terminal illness, total and permanent disablement, severe illness or injury, bed confinement
Serious illness, disabled, family carer, redundancy, employer ceases trading, industrial action, business interruption
Total loss of your car (and your insurance payout is less than what you owe on your loan)
Benefits
- Individual & joint cover
- You don’t need a medical examination
- Additional Benefits to help cover your expenses related to your claim
This is a summary only – please see the policy document for full terms, exclusions, conditions and benefits.
Policy Document
This is our current policy wording – please contact us if you would like a copy of a previous policy document or schedule.