Bike Loan Protection
Aussie Bike Loans strongly encourages customers to consider motorcycle loan protection insurance.
This cover will pay your loan repayments if you cannot work due to sickness, injury or disease, or if you become involuntarily unemployed. It will even pay your outstanding balance up to the policy limit in the event of your death.
Features of our Motorcycle Loan Protection Option:
- Cover is available for joint owners/applicants.
- Financed as part of your bike loan, and may only be a few extra dollars per week.
- Covers the whole term of the loan.
Any claim under this cover will be paid in addition to any sick leave or compensation entitlements, and gives protection to your family or loan guarantor rather than passing the burden of debt.
Also known as GAP cover, this is another popular and relatively cheap form of valuable insurance cover.