Should you suffer an injury, become ill, lose your job or even die while paying off your vehicle, Holden Loan Protection Insurance will continue to the financial obligations* regarding your vehicle. In some circumstances, your loan maybe finalised, sparing your family any additional worry or stress.
We'll meet instalments for 120 days up to a maximum of $4,000 per claim. Maximum amount payable during entire period of insurance is $10,000.
In the unexpected event that your car is 'written off' by your comprehensive insurer
In case there's a shortfall between your comprehensive insurer's total loss payout and either your outstanding loan balance, or the replacement value of your vehicle.
To ensure you're not out of pocket on your replacement vehicle.
If your vehicle is declared a total loss, your comprehensive insurance payout may not cover the total amount you paid for your vehicle, or the loan amount you still owe.
Holden Value Protect Insurance covers this shortfall so you don’t have to. Whether you have paid for your vehicle outright, or have a loan balance outstanding, Holden Value Protect Insurance can help so a total loss doesn’t leave you out of pocket.
Drive assured knowing you’re covered with Holden Value Protect Insurance
If your vehicle is declared a total loss, Holden Value Protect Insurance pays you the greater of the: loan settlement amount less total loss payment; or the replacement vehicle value less total loss payment, up to the maximum sum insured under the cover option you select.
In addition to covering the shortfall, Holden Value Protection Insurance extras cover will reimburse you for:
Please speak with your authorised Holden Dealer to find out more about Holden Value Protect Insurance.
When you purchase a new Holden and combine it with Holden Insurance, you'll enjoy the added security of '3 years new for old replacement'. This means that if your vehicle is written off or stolen and not recovered, we?ll replace it with the equivalent make, model and series* with no premium loading.