So, whether it’s Comprehensive or Third Party Property Damage Motor Insurance, Loan Protection or Motor Equity cover, myFord offers the right insurance products to suit your needs.
myFord Motor Insurance
With myFord Motor Insurance you can protect yourself and your vehicle with an extensive combination of standard features and policy options.
Comprehensive Cover provides cover for accidental loss or damage to your vehicle up to an agreed or market value, as well as covering your legal liability for loss or damage to other people’s property caused by a motor vehicle accident which is your fault.
Third Party Property Damage Cover only provides cover for your legal liability for loss or damage to other people’s property caused by a motor vehicle accident which is your fault.
myFord Motor Equity Insurance
Designed to pay your financier the difference between your comprehensive motor insurance total loss pay out and the outstanding balance on your loan contract, myFord Motor Equity Insurance will also cover the relevant excess, delivery charges, CTP, registration, stamp duty and/or hire costs for a replacement vehicle.
myFord Loan Protection Insurance
As a myFord customer, you can have peace of mind knowing that your vehicle loan monthly repayments will be paid should you unfortunately be unable to work, due to either disability or involuntary unemployment. In the event of death the outstanding balance of the loan will be paid.
Ensuring that your monthly repayments will be taken care of by myFord Loan Protection insurance will also protect your credit rating, and ensures that your vehicle loan is covered should something unexpected happen to you.
myFord Business Loan Protection
Designed for owners holding an ABN, myFord Business Loan Protection Insurance safeguards your vehicle's finance in the event of death, trauma, disablement or involuntary unemployment. If at least 50% of your loan will be applied toward business or investment purposes, the coverage will pay part of your loan should you be unable to work due to disability, become involuntarily unemployed, die or suffer a trauma.