Novated Lease | Salary Packaging | Salary Sacrifice

lease guarantee

The nlc lease guarantee product offers your employees a “vehicle hand back” option that provides them
with support in the event that they become involuntarily unemployed.

Lease Guarantee

In the event you are made involuntarily redundant, you may be able to access the following policy features:

- Your lease payments covered for up to $1500 per month for the first 3 months after your redundancy*.

After this period they can choose to:

> Payout the lease; we will cover up to $10,000 difference* in the lease payout figure and the sale price of the vehicle, or

> Hand the vehicle back to nlc*

*Conditions apply

novated lease | salary packaging | salary sacrifice