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Toyota



Finance Related Insurance

Finance Gap Insurance helps protect you from suffering significant financial loss.

If your new vehicle becomes a total loss, there may be a 'gap' between the amount your insurer pays you and the outstanding balance on your vehicle finance contract. You may also incur extra costs associated with your purchase of a replacement vehicle.

In these circumstances Finance Gap Insurance helps to protect you from significant financial loss and personal inconvenience.

Depending on the option chosen, Finance Gap Insurance provides up to $30,000 for the 'gap' between the amount your insurer pays you and the amount owed to your financier. It also provides up to $4,000 for extra costs and up to $750 for the payment of finance establishment fees when your replacement vehicle is financed with Toyota Financial Services.1

With a simple one-off premium, Finance Gap covers you for the duration of your finance contract.

You have a choice of 4 cover options:

  • Option 1: Up to $30,000 'gap' and up to $4,000 additional expenses
  • Option 2: Up to $15,000 'gap' and up to $4,000 additional expenses
  • Option 3: Up to $10,000 'gap' and up to $2,000 additional expenses
  • Option 4: Up to $10,000 'gap' and up to $1,000 additional expenses

Other products available

1 Terms and conditions apply. Before making a decision about the Toyota Insurance Finance Gap policy please read the Product Disclosure Statement (PDS) available from participating Toyota dealers, via our website toyotainsurance.com.au or by calling 137 200. Toyota Insurance is a division of Aioi Nissay Dowa Insurance Co., Ltd. ABN 39 096 302 466, AFSL Number 254489 (Andia). The Insurer is Andia.

Protection for you, your family and your way of life

Being off work due to serious illness, accidental injury or following involuntary unemployment can be a daunting experience. Toyota Insurance Payment Protection has been designed to help protect you in unforseen and difficult circumstances.

Depending on the option chosen, these solutions can help you to:

  • make your vehicle repayments
  • keep your vehicle
  • reduce your financial burden

But of course there are worse things that can happen. For example, imagine the financial impact your death could have on your family. Payment Protection Insurance contains a 'Life cover' option which may give your family added security. If you have selected the Life cover option, in the unfortunate event of death and subject to other claims on the policy, Payment Protection Insurance provides for the payout of your finance contract up to a maximum of $100,000.1

We're here to protect both individuals and businesses when you purchase your vehicle.

Payment Protection Insurance - Personal

We can provide protection for your vehicle finance payments in the event of death, accidental injury, serious illness or involuntary unemployment. Generally, no medical examination is required, however cover for pre-existing conditions is excluded.1

You have a choice of 4 cover options:

  • Option 1: Loan Payout Insurance - Death
  • Option 2: Payment Protection Insurance - Injury & Illness
  • Option 3: Payment Protection Insurance - Involuntary Unemployment*
  • Option 4: You may chose a combination of or all of the above insurance options

*Cannot be purchased without Illness and Injury cover option.

Payment Protection Insurance - Business Use

Payment Protection Insurance is available on both consumer and commercial finance contracts, which means business customers can also benefit from this cover.

Other products available

1 Terms and conditions apply. Before making a decision about the Toyota Insurance Payment Protection policy please read the Product Disclosure Statement (PDS) available from participating Toyota dealers, via our website toyotainsurance.com.au or by calling 137 200. Toyota Insurance is a division of Aioi Nissay Dowa Insurance Co., Ltd. ABN 39 096 302 466, AFSL Number 254489 (Andia). Andia is the Insurer of the Injury and Illness, and Involuntary Unemployment covers provided by the policy. CUNA Mutual Life Australia Limited ABN 83 089 981 073, AFSL Number 245492 (CUNA Mutual) Level 10, 345 George Street SYDNEY NSW is the Insurer of Life cover provided by the policy. Andia acts under its own Financial Services Licence and under agreement with CUNA Mutual when providing financial services on behalf of CUNA Mutual concerning Life cover.