Redundancy Insurance

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, call nlc insurance on 1800 643 044.

nlc Redundancy Insurance is underwritten by ACE Insurance Ltd (Lease Protector) and Calliden Insurance Limited (Lease Guarantee) in conjunction with Vehicle Insurance Underwriters Pty Ltd.
Both policies provide the same protection (as outlined above).  For full deatils of the terms, conditions and definitions please refer to the relevant Product Disclosure Statement (PDS) below:

Click here to view the Lease Guarantee PDS
Click here to view the Lease Protector PDS