Novated Lease Insurance

Novated Lease Insurance

Comprehensive Insurance

Gap Insurance

Loan Protection Insurance

Product disclosure Statements

Financial Services Guides

Lodge a claim

Comprehensive Insurance

Our comprehensive insurance cover is provided through Group Insurance, which has been specifically tailored to a novated lease. No matter how careful we are with our cars, accidents do happen. The comprehensive cover includes the following major benefits;

Our comprehensive cover includes:
Faultless excess – Third Party to be clearly identified (see Excess outline)
Hire Car costs following Theft & Accident$100 per day up to $2,500
Excess free Windscreen (or other glass)One per year (No excess)
New replacement vehicle up to24 months from 1st registration
Cleaning up after an accident$25,000
Towing costs to the nearest repairer or another place as approved
Choice of Repairer
Fire Brigade/Emergency Services Costs$10,000

Gap Insurance

Gap insurance is there to cover the insurance shortfall in the event of a total write-off of your vehicle. Cars generally depreciate and the market value of the vehicle, in the event of a total write-off, may be lower that the finance payout for your car.  In these situations, GAP insurance will provide given cover to close that shortfall. GAP insurance can be put in place when you buy the car and included in the amount you finance.

Loan Protection Insurance

Gap insurance is there to cover the insurance shortfall in the event of a total write-off of your vehicle. Cars generally depreciate and the market value of the vehicle, in the event of a total write-off, may be lower that the finance payout for your car.  In these situations, GAP insurance will provide given cover to close that shortfall. GAP insurance can be put in place when you buy the car and included in the amount you finance.

Maximun cover for Involuntary unemployment$25,000
Maximun cover for sickness and accident$50,000

Lodge a claim

You can lodge a claim electronically by completing the claim form and submitting it to
Claims Email: insure@bility.com.au Claims Phone: 1300 198 697

Frequently Asked Questions

Yes you can. We will refund you your monthly insurance cost to your nominated banking account. It is your responsibility to ensure that you keep your car insured.

Yes, the cost of insuring your car is paid for by salary packaging it, which means you save the GST and PAYG on the cost of the insurance.

The comprehensive insurance is underwritten by Inter Hannover in Australia.

Yes, when you complete the declaration, the claims history is taken into account when calculating your premium.

When using our insurance cover, we will recover the excess directly from the 3rd party.

No, you can use the repairer of your choice

Yes, members of your immediate family who have a valid driver’s license are covered when you use our cover

If you are wanting to buy a car and novate it though Novate@bility, we will provide you a quote with your vehicle budget