Insurance

Vehicle and loan protection support

NoLimit Finance helps customers understand CVI, MBI, EVH, commercial vehicle insurance, GAP and payment protection insurance options.

CVI and MBI
EVH
GAP and PPI

Insurance products

Vehicle and repayment protection products

Understand the specific insurance products available and the kinds of questions worth exploring with qualified support.

Comprehensive Vehicle Insurance (CVI)

Support for understanding comprehensive cover options for an eligible vehicle.

  • Often discussed alongside car loans
  • Helps consider loss or damage risks
  • Cover details depend on the policy
Ask about CVI

Mechanical Breakdown Insurance (MBI)

Support for understanding cover that may assist with eligible mechanical breakdown costs.

  • Useful for eligible vehicle purchases
  • Focuses on mechanical breakdown events
  • Terms, limits and exclusions apply
Ask about MBI

Hybrid Electric Vehicle Breakdown (EVH)

Support for hybrid and electric vehicle breakdown protection conversations.

  • Designed for hybrid and electric vehicles
  • Can be discussed before settlement
  • Terms, limits and exclusions apply
Ask about EVH

Commercial Vehicle Insurance

Support for commercial vehicle cover enquiries for eligible work vehicles.

  • Useful with commercial vehicle loans
  • Helps consider work vehicle risks
  • Policy suitability depends on vehicle use
Ask about commercial cover

Guaranteed Asset Protection (GAP)

Support for understanding cover that may help with a shortfall between an insurance payout and the finance balance.

  • Often considered with financed vehicles
  • Focuses on possible finance shortfall
  • Eligibility and limits apply
Ask about GAP

Payment Protection Insurance (PPI)

Support for understanding cover that may help with eligible repayments if covered events affect payment ability.

  • Connected to loan repayment protection
  • May support eligible repayment events
  • Terms, limits and exclusions apply
Ask about PPI

Why insurance matters

A simple way to think about protection

Insurance can help you consider what could happen if plans are interrupted by events outside your control.

Vehicle risks

Insurance can help customers consider loss, damage, breakdown and vehicle-use risks before or after settlement.

Finance shortfall

GAP can help customers think about a possible shortfall between a vehicle insurance payout and finance balance.

Repayment protection

PPI can be part of a conversation about what may happen to eligible repayments if covered events occur.

Insurance and finance

Protection conversations can sit alongside vehicle loans

Finance and insurance often come together when buying a car, commercial vehicle, boat, motor bike or caravan. Insurance can help customers consider damage, breakdown, shortfall and repayment protection questions.

Finance plus protection

Useful for car and commercial vehicle loan discussions

Can help clarify risks before settlement

Cover suitability depends on personal circumstances

Advice and disclosure information should support recommendations

Before you talk to us

What to prepare

A few practical details can help make the insurance conversation clearer from the start.

Personal details

Basic contact details and information needed to understand your enquiry.

Vehicle details

Car, commercial vehicle, boat, motor bike or caravan details if relevant.

Current insurance

Existing policy details if you already have cover in place.

Finance details

Relevant finance information if cover is being discussed alongside lending.

Questions or priorities

What you want to protect, what concerns you have and what you would like clarified.

Disclosure and advice reminder

Insurance information on this website is general only. Any insurance recommendations should be provided by appropriately qualified advisers and supported by relevant disclosure information.

Next step

Need help understanding your options?

Start a conversation with NoLimit Finance about the type of insurance support you are looking for.