Financial Protection Insurance

All new Novated Lease packages arranged by Southgate have the option to include Financial Protection Insurance.

Financial Protection Insurance allows you to Handback (dispose of) your lease vehicle when certain unforseen events occur in your life. This policy covers a range of specific circumstances as outlined in the PDS, which include involuntary unemployment and sickness, injury or illness as certified by a Medical Practitioner. A ‘Payment Assist Benefit’ is included in this policy, to help you cover your lease payments and allow you to keep the vehicle.

Please refer to the Product Disclosure Statement (PDS) for full terms, conditions, exclusions and key factors that influence the cost of the product.

Financial Protection Insurance is issued by Eric Insurance Limited ABN 18 009 129 793 AFSL 238279 (Eric). The information above may contain general financial product advice that does not take into account your personal financial circumstances. Please consider the relevant PDS before making a decision about this product. You can obtain the relevant PDS by contacting Eric Insurance 1800 999 977, clicking on the link above or from an authorised representative of Eric. The Target Market Determination for this product can be found here.