Loan Protection Insurance

Loan Protection Insurance

Mercedes-Benz customers lead dynamic lifestyles; Work commitments, gatherings with family and friends and enjoying life’s pursuits. But what if the unexpected should happen? What would happen to your finances in the unexpected event you lost your job, or became too ill to work?

Mercedes-Benz Loan Protection Insurance provides you with peace of mind knowing your loan repayments are covered in the event of accident or illness, involuntary employment or death.

Mercedes-Benz Loan Protection Insurance offers four types of covers:

Sickness & Accident

•  Pays monthly repayment if customer is unable to work due to illness or injury
•  No monthly limit – total claim limit of $100,000

Involuntary Unemployment

•  Pays monthly repayment if customer has employment terminated involuntarily
•  Repayments covered for up to 6 months per claim
•  No monthly limit – total claim limit of $12,000

Life Cover

•  Pays loan balance in the event of customer’s death
•  Limit of $125,000

Trauma Cover – Cover options between $10,000 & $50,000

•  Pays the loan balance out in the event of Heart attack, Stroke, Cancer, Coronary by pass

For more information on Mercedes-Benz Insurance call 1300 730 200 or contact your nearest authorised Mercedes-Benz dealer.