Cash Benefit Insurance

If your comprehensively insured vehicle is written off (declared a total loss) as a result of accident or theft , you may find that the payout from your comprehensive insurer will not cover all costs incurred to replace the vehicle.

Cash Benefit Insurance is designed so that if you receive a total loss payout from your comprehensive insurer for your vehicle (following a total loss) the insurer will pay the nominated amount to you or your credit provider (subject to the conditions and limits in this policy).