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.

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

The information provided on this site is for general advice only and the product disclosure statement should be consulted for full details.