GAP Insurance

When Car Insurance Doesn't Cover Everything

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Avoid Financial Stress

Avoid having to pay off a car loan for a car that you no longer own.

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Extra Benefits

The policy also covers on road costs and comprehensive insurance of your replacement vehicle together with up to $1,000 for private expenses (subject to policy limits)

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Pay Out Your Loan

Subject to your policy limits, we will pay the balance of your car loan directly to the financier saving you time and stress.

What is GAP Insurance?

If your car is written off in an accident or stolen and not recovered, the insured value of your car may be considerably less than the amount still owing on your loan, leaving you with a short fall. In these circumstances your insurance payout won’t pay off your loan and you’re left with a debt and no car.

Guaranteed Asset Protection (GAP) Insurance covers this difference (subject to policy limits) allowing you to purchase another vehicle with no shortfall.

It is always a good idea to consider the Product Disclosure Statement from the product issuer to ensure that the policy is right for you. Contact one of our finance and insurance specialists if you have any questions.

GAP Insurance Enquiry

CALCULATE YOUR FINANCE NEEDS

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Your weekly repayments will be

All applications for credit are subject to credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. The repayments calculator and "What Can I Afford" calculator provide estimates only and are based on the accuracy of the information provided. They do not constitute any quote, loan approval, agreement, offer or acceptance of credit or advice. These calculators are provided for illustrative purposes only and do not take into account your personal and financial circumstances.

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You can afford cars prices between {{FinanceCalc.loanAmount/2|roundup|currency}} - {{FinanceCalc.loanAmount|roundup|currency}}

This is based on {{FinanceCalc.loanRepaymentFrequency}} repayment of {{FinanceCalc.repayments|currency}} for {{FinanceCalc.loanTerm/12}} years at {{FinanceCalc.loanInterestRate}}% interest

All applications for credit are subject to credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. The repayments calculator and "What Can I Afford" calculator provide estimates only and are based on the accuracy of the information provided. They do not constitute any quote, loan approval, agreement, offer or acceptance of credit or advice. These calculators are provided for illustrative purposes only and do not take into account your personal and financial circumstances.

All applications for credit are subject to credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. The repayments calculator and "What Can I Afford" calculator provide estimates only and are based on the accuracy of the information provided. They do not constitute any quote, loan approval, agreement, offer or acceptance of credit or advice. These calculators are provided for illustrative purposes only and do not take into account your personal and financial circumstances.

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