You’ve got your loan and bought your car, and you’re a happy motorist!
But in the event that your car gets written off, you’ve still got to meet your loan repayments. That’s where Insurance Shortfall Protection (ISP) can help. If your car is written off, ISP will cover the remaining balance on your Liberty car loan, leaving you to enjoy driving your car with peace of mind.
When ISP applies
ISP applies if:
- You have kept your car appropriately and comprehensively insured.
- Your car has been declared a total loss by your insurer, per the conditions of your insurance policy.
- A full settlement of the claim has been made by your insurer.
- There is an outstanding balance due on your loan after the insurance payout is fully applied to the loan.
To cover your car loan with ISP for the entire loan term costs a one-off fee of just $995.
HOW TO ENQUIRE
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