Equity Plus Insurance [EPI]

Equity Plus Insurance is designed for where your comprehensively insured vehicle is written off (declared a total loss) as a result of accident or theft, and you find that the payout from your comprehensive insurer when your claim is accepted is less than what you owe your credit provider for your vehicle.

If your vehicle is declared a total loss by your comprehensive insurer, Equity Plus Insurance is a policy that will help you avoid having to pay any shortfall between what your comprehensive insurer pays out and what you still owe your credit provider for your vehicle. The most we will pay depends on the standard cover level you select.

Depending on the level of cover selected, this policy may also pay a range of expenses (such as registration) associated with the replacement of your vehicle.

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Advice has been prepared without taking into account your particular objectives, financial situation or needs. Before acting on advice you should consider the appropriateness of the advice with regard to your objectives, financial situation and needs.

Insurance is issued by AAI Limited ABN 48 005 297 807 AFSL 230859 MTA Insurance Pty Ltd ABN 35 070 583 701. Please read the Product Disclosure Statement before making any decision regarding this product. Insurance distributed by MTA Insurance Pty Ltd ABN 26 070 583 701 AFSL 233912