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Motor Equity Insurance
Our flexible Motor Equity Insurance is designed to assist you in paying any outstanding balance of your loan in the instance that your car insurance payout is insufficient to finalise the loan agreement.
Features and benefits
- There are a range of options of cover and extras to suit your requirements.
- Choose the level of cover that suits you best.
- Choose extras to cover expenses associated with a new car.
- Loan settlement payouts are made to your financier.
- Complete policy option to cover both gap and extras.
- If you're an approved customer, you may be able to bundle your premium into the amount you borrow.
Get in touch with us now:
Call us on 1800 281 533
To view the full terms, conditions and exclusions which apply to this insurance please view the Motor Equity Insurance Product Disclosure Statement (PDF 160kB).
Important notes
Esanda Motor Vehicle Insurance, Motorcycle Insurance, Motor Equity Insurance, New Vehicle Extended Warranty and Used Vehicle Warranty policies are issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234 708 (Allianz).
Esanda Loan Protection Insurance and Business Loan Protection Insurance are issued as follows: The Disability and Involuntary Unemployment covers are issued by Allianz. The Trauma and Death insurance cover is issued by OnePath Life Limited (OnePath Life) (ABN 33 009 657 176 AFSL 238341), a wholly owned subsidiary of ANZ. ANZ is an authorised deposit taking institution (ADI) under the Banking Act 1959. OnePath Life is not an ADI and this insurance is neither a deposit nor liability of ANZ or any ANZ Group member other than OnePath Life as the policy issuer. Neither ANZ nor any ANZ Group member stands behind or guarantees OnePath Life.
In arranging this insurance, Esanda Finance Corporation Ltd ABN 64 004 346 043 Authorised Rep No. 269742 (Esanda) is acting as agent of Allianz and not as your agent. The information provided is of a general nature and does not take into account your personal needs and financial circumstances. You should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should read the Product Disclosure Statements, available from any office of Allianz or Esanda, and consider whether these products are right for you. We also recommend you read our Financial Services Guide (PDF 104kB).
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