All of Southgate’s Novated Lease packages have the option to include 5 Star Warranty Insurance.
This policy provides cover after the expiry of the manufacturer or dealer statutory warranty.
The 5 Star Warranty Insurances provide cover for over 4,000 car components, with coverage to suit you and your vehicle. This warranty
provides insurance coverage which replicates most of the features contained in a vehicle’s original manufacturer
warranty, with some exclusions. It includes additional benefits such as car hire and accommodation which may not
be included with your original warranty. It is also transferable to the new owner upon the private sale of your vehicle.
Key benefits applicable
Purchase Eligibility:
Time of warranty purchase
Vehicle age / kilometre limit
|
Anytime within
5yrs / 100,000kms
|
Claims Limits:
(Per claim /All claims)
|
Purchase Price / Purchase Price
|
Plan Terms:
|
A selection of terms are available to suit your requirements
|
Additional Benefits available
(Limits shown are the maximum amount of coverage per claim / per policy during the period of cover)
|
Towing
|
Towing costs associated with a claim for mechanical breakdown.
|
$100 / $300
|
|
Hire Car
|
Cost for car rental if your vehicle is immobilised for more than 2 consecutive business days.
|
Up to $500
|
|
Emergency Accommodation
|
Accommodation costs If your vehicle is immobilised more than 100kms from your home and repairs are not completed on the day of authorisation.
|
Up to $500
|
|
Total Loss Expenses
|
Costs directly incurred as a result of the total loss, such as travelling costs, meals or phone calls.
|
Up to $5,000
|
Please view our combined Product Disclosure Statement (PDS)/Financial Services Guide (FSG) for full
terms, conditions, exclusions and key factors that influence the cost of the product.
The 5 Star Warranty Insurance is issued by Eric Insurance Limited ABN 18 009 129 793 AFSL 238279 (Eric). The information above may contain
general financial product advice that does not take into account your personal financial circumstances. Please consider the relevant PDS before making a
decision about this product. You can obtain the relevant PDS by contacting
Eric Insurance 1800 999 977, clicking on the link above or from an authorised
representative of Eric. The Target Market Determination for this product can be found at
www.southgatesalpack.com.au/extended-warranty-tmd.