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In the same way that bmw vehicles are
characterised by their advanced engineering,
impeccable attention to detail, and reliability,
the insurance policies offered by bmw
Financial Services provide outstanding features
and benefits, backed by competitive rates and
individual service.
bmw LeaseProtect is a cost-effective policy designed bmw LeaseProtect offers convenience and flexibility with Motor Equity cover, if your vehicle is declared
to secure your vehicle lease payments in the event with the choice of three policy options. a total loss and the comprehensive insurance payout
that you are unable to continue to meet the financial does not cover the balance of the finance still owing,
commitment. Option 1: Death, Involuntary Unemployment & Motor LeaseProtect can pay the shortfall to a maximum of
Equity. $15,000.
A lease is a convenient way in which to finance a Option 2: Death, and Involuntary Unemployment
vehicle into your employment package. However, in cover.
Do you qualify for LeaseProtect?
the event that you become unemployed or die, the Option 3: Involuntary Unemployment cover.
lease payments may become a significant financial
If you become involuntarily unemployed for a period If you are an Australian resident aged between
burden on you, your family, or your estate.
of more than 30 days, LeaseProtect will make the 18 years and 60, and permanently employed for
LeaseProtect is a simple and affordable insurance
lease payments for the first 30 days. If you decide to at least 20 hours per week, you are eligible to
solution that helps protect you from the financial
retain your vehicle, LeaseProtect will continue to make apply for LeaseProtect, cover applies until you
exposure on your lease that could occur through
your lease repayments for up to 120 days per claim, become 65 years of age.
death or involuntary unemployment.
or to a maximum of $15,000. Note that vehicles are not eligible for Motor Equity
It also provides you with the option of covering
cover including the following:
the shortfall up to $15,000 of any finance owing should Alternatively, if you remain involuntary unemployed – Motorcycles
the vehicle be declared a total loss in the event of an for 30 consecutive days and within 60 days decide – Taxis and courier vehicles
accident, fire, or theft, and your comprehensive motor to sell the vehicle or surrender your vehicle to your – Commercial vehicles and vehicles with a load
vehicle insurance payout does not cover the balance of financier, we will pay the remaining balance due under capacity over two tonnes
the finance still owing. your novated lease agreement less the fair sale price – Rental vehicles
less the initial unemployment payment within the first – Vehicles 5 or more years old
30 days. LeaseProtect will pay any shortfall between – Vehicles not comprehensively insured
the fair sale price of your vehicle and the balance due on
Note that history of certain injuries or illnesses may mean you are
the lease, to a maximum of $15,000 per policy.
ineligible for Death Cover
bmw Financial Services More about
bMw Financial
Optimise the present bMw Financial
Services
LeaseProtect. Services
to secure your future. Insurance
LeaseProtect
bmw.com.au
The Ultimate The Ultimate
Driving Machine Driving Machine
Important Information:
Issuer: Allianz Australia Insurance Limited
(Allianz) AFS Licence No. 234 708,
Obtaining insurance is fast and easy because we’ve ABN 15000 122 850. Allianz Australia Life
Insurance Limited (Allianz Life) AFS Licence
eliminated time-consuming procedures and simplified No. 296 559 ABN 27 076 033 782.
the process. This insurance is not compulsory and can be
obtained from an insurer of your choice. The
information contained in this document is general
and does not take into account your individual
Your first step is to talk with the Business Manager needs, circumstances, objectives or financial
situation. You may wish to speak to an advisor
at your BMw Dealer. Once you’ve heard what authorised to provide advice tailored for your
we can offer in terms of the range of competitive personal situation before making a decision to
purchase this insurance. This material should
products and specific contract details, you’ll have the be read in conjunction with the Allianz’s Product
Disclosure Statement (PDS) which is available
confidence to know you’ve made the right decision.
from your advisor or can be downloaded from
BMw Financial Services offers simplicity, flexibility www.bmwfinance.com.au. You should consider
the PDS before making a decision to purchase bMw Australia Finance Ltd
and peace of mind with practical solutions, tailored this policy. ABN 78 007 101 715
to your individual needs, and managed with a high 783 Springvale Road
The information supplied is indicative only and
level of service. is not an offer to lend or a formal disclosure Mulgrave VIC 3170
statement. Applications are subject to normal
Arranging your protection is easy. The Business eligibility guidelines. You should read the PDS to Phone: (03) 9264 4422
Manager at your BMw Dealer can advise on the full determine if you are eligible. Fax: (03) 9562 0261
range of options and tailor an Insurance package The insurers are responsible for meeting all info@bmwfinance.com.au
claims. BMw Australia Finance Ltd can arrange
precisely to your needs, and our advanced in-house www.bmwfinance.com.au
this insurance as an authorised representative
computer systems mean all paperwork can be done on of Allianz Australia Insurance Limited. BMw
Australia Finance Ltd receives a commission
the spot, providing further time-saving convenience. from the insurer for arranging this insurance. The
insurers reserve the right not to accept certain
proposals and the right to issue the policy subject
to certain exclusions, conditions and limitations.
SFAU1900064
You should read the PDS for a full explanation of
the policy terms and conditions.
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