Consumer Credit Insurance [CCI] Consumer Credit Insurance protects you up to the selected level against the risk of being unable to meet your car loan.

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Presentation transcript:

Consumer Credit Insurance [CCI] Consumer Credit Insurance protects you up to the selected level against the risk of being unable to meet your car loan repayments as a result of involuntary unemployment, disability, death or trauma. PEACE OF MIND! CCI alleviates the stress of your car loan commitment during the claim period where you may potentially experience financial hardship due to restricted income.

Consumer Credit Insurance [CCI] WHAT IS THE PURPOSE OF THIS INSURANCE CCI is designed to pay (up to the maximum policy benefits): your loan repayments if you are unable to work due to a defined injury or illness (this is disability cover), your loan repayments if you become involuntarily unemployed (this is involuntary unemployment cover), the outstanding balance of your loan if you should die or suffer a defined trauma (this is trauma and death cover).

Consumer Credit Insurance [CCI] WHO NEEDS THIS PRODUCT One of the automotive industries largest insurers reports: 3 CCI CLAIMS are processed each day 21 CCI CLAIMS are processed each week 1095 CCI CLAIMS are processed each year

Consumer Credit Insurance [CCI] WHO CLAIMED

Consumer Credit Insurance [CCI] WHAT AGE GROUP

Consumer Credit Insurance [CCI] WHAT WAS CLAIMED

Consumer Credit Insurance [CCI] SELECTING THE RIGHT COVER Without loan protection, you should consider that unforseen financial hardships could result in loan delinquency and vehicle repossession. Legal proceedings may be undertaken by the financier to recoup expenses which would adversely effect your credit worthiness and may lead into bankruptcy. Further, it may be worth acknowledging that relationships could be stressed and those that we love may be also effected.

Consumer Credit Insurance [CCI] CHOICE OF COVER Trauma & Death, Disability and Involuntary Unemployment Disability and Involuntary Unemployment Trauma & Death and Disability Trauma & Death Only Disability Only

Consumer Credit Insurance [CCI] CHOICE OF COVER Trauma & Death, Disability and Involuntary Unemployment Disability and Involuntary Unemployment Trauma & Death and Disability Trauma & Death Only Disability Only

Consumer Credit Insurance [CCI] CHOICE OF COVER Trauma & Death, Disability and Involuntary Unemployment Disability and Involuntary Unemployment Trauma & Death and Disability Trauma & Death Only Disability Only

Consumer Credit Insurance [CCI] CHOICE OF COVER Trauma & Death, Disability and Involuntary Unemployment Disability and Involuntary Unemployment Trauma & Death and Disability Trauma & Death Only Disability Only

Consumer Credit Insurance [CCI] CHOICE OF COVER Trauma & Death, Disability and Involuntary Unemployment Disability and Involuntary Unemployment Trauma & Death and Disability Trauma & Death Only Disability Only

Consumer Credit Insurance [CCI] ASK YOUR BUSINESS MANAGER FOR MORE INFORMATION! This is General Advise only and does not take into account your individual objectives, financial situation or needs. Before using this advice to decide whether to purchase this insurance policy, you should consider the appropriateness of it having regard to your personal circumstances, plus obtain and consider the current Product Disclosure Statement for the insurance policy.