Insurance

Mike Raleigh Motors, in association with Capital Finance is partnered with The Warranty Group Australasia to be able to offer you a suite of products to protect you against a wide range of unforseen circumstances.

These include:

Capital Asset Protection… covers the shortfall between the value of your car and the payout of the loan up to $15,000. If your car has been stolen or damaged beyond repair, and your comprehensive insurer will only pay the market or agreed value of the car: but what if this is $5,000 less than the payout figure?

Without Capital Asset Protection you would need to pay this shortfall. A once of premium financed at the time of taking out your loan or paid for in cash will cover this shortfall and the option of extra cover up to $4,500 for any additional costs due to the inconvenience of the total loss – eg registration costs, delivery charges, stamp duty etc.

Capital Payment Protection… Being off work due to an illness or injury means loan payments may be difficult to make. In the event of death your family’s financial security may be affected.

Capital Payment Protection is an insurance policy that pays or helps to pay your loan repayments if you cannot work due to accident or sickness if you become involuntarily unemployed or you die.

The benefits if you are off work due to illness or sickness include:

• Your loan repayments will be made for you

• You will be able to keep your car

• Your credit rating will be protected

• Any financial burden will be reduced

Protect you and your family against all eventualities or have it tailored to suit your particular situation.

Capital Motorplan Warranty

A mechanical breakdown product, which will cover you for sudden and unforseen failure of certain parts of your vehicle during the period of cover: You can choose a cover term of 12, 24 or 36 months: