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If you’re taking out a loan to buy a car and your car is stolen or written off, you may have a gap between your comprehensive insurance payout and the amount still owing on your loan. Gap Insurance from CUA is designed to protect you against the shortfall.
Why choose Gap Insurance?
Protects you from a possible gap between your comprehensive insurance payout and the amount owing on your loan if your car is stolen or written off.
Removal of basic excess for headlight glass claims
Protected No Claim Bonus
Riding gear cover
This information about insurance cover is a summary only. Terms, conditions, limits and exclusions apply - see the relevant Product Disclosure Statement (PDS) for full details. You should consider whether this insurance product is suitable for your circumstances and consider the relevant Policy Document (Product Disclosure Statement) ('PDS') for Pleasurecraft insurance.
Any advice contained on this website is general advice only and does not take into account your objectives, financial situation or needs (your “circumstances”). Before making a decision please consider whether the advice is appropriate to your circumstances, as well as the relevant Product Disclosure Statement and Financial Services Guide .
Policy terms, conditions, limits, exclusions and underwriting criteria apply. Credit Union Australia Limited ABN 44 087 650 959 AFSL No. 238317 (CUA) arranges this insurance on behalf of the insurer Credicorp Insurance Pty Ltd ABN 50 069 196 756, AFSL No. 238335 (Credicorp). Credicorp is a wholly owned non-guaranteed subsidiary of CUA. All benefits under the policy are payable solely by Credicorp.
General Insurance Code of Practice
Credicorp Insurance is committed to the principles of the General Insurance Code of Practice. This is a self-regulatory Code that aims to raise the standards of practice and service in the insurance industry by:
Ensuring material is written as clearly as possible so that you, the consumer, can more easily comprehend the policy and associated documentation
Improving training and supervision to ensure a high standard of people representing insurers
Providing a pathway for effective claims handling and dispute resolution
Further information about the Code can be obtained from the Insurance Council of Australia at www.codeofpractice.com.au or from Credicorp Insurance Pty Ltd.