INSURANCE

We understand how your Lexus will become an indispensable part of your life. So Lexus has developed vehicle insurance protection which helps you avoid costly repairs or the inconvenience of being without your vehicle altogether.

With a Lexus Insurance Comprehensive Motor Vehicle policy, you have the comfort of knowing that if your Lexus is stolen or damaged beyond repair within it’s original new vehicle warranty period, and has travelled less than 100,000 km since first registration, it will be replaced with a new Lexus.

For further peace of mind, we provide your Lexus with a genuine original factory Lexus parts guarantee and a quality guarantee on all repairs, provided you remain the owner of the vehicle.

The Lexus Insurance Comprehensive Motor Vehicle policy also provides:

• car hire to a maximum of $75 per day for up to 14 days if your vehicle is stolen
• up to $500 for emergency trip continuation expenses
• up to $500 for emergency repairs costs
• protection of your “no claim bonus” if you are not at fault
• a “no fault excess benefit” with no excess payable  if you are deemed to be not at fault and you have provided us with full details of the other party
• protection of your legal liability and help with legal costs for damage to other people’s property up to $20,000,000.
• cover for your personal items in the vehicle up to $1000
• cover for baby seats and capsules in the vehicle up to $500
• transfer of cover if you replace your vehicle
• Windscreen cover – up to 2 windscreen claims with no payment of excess or loss of no claim bonus in any 12 month period (conditions apply)

*Conditions apply. Before making a decision in relation to this product, please refer to the Product Disclosure Statement (PDS) available at your participating Lexus Dealer.

In the unfortunate event of your car being stolen or damaged beyond repair, there may be a “gap” between the total loss payment received from your comprehensive motor vehicle insurer (total loss payment) and what you still owe the financier.

Finance Gap Insurance helps to protect you from financial loss and personal inconvenience that may occur. Depending on the cover option chosen, it provides you with up to $30,000 for the “gap” between the total loss payment for the vehicle and the outstanding balance of your vehicle finance contract.
It also provides up to $4,000 (depending on the cover chosen) for additional expenses associated with your purchase of a replacement vehicle. Finance Gap Insurance also covers new finance establishment fees up to $750 when your replacement vehicle is financed with Lexus Financial Services.

A simple one-off premium can be included in the total amount being financed to protect you for the duration of your finance contract.

	Cover Options
BENEFIT	OPTION 1	OPTION 2	OPTION 3	OPTION 4
Outstanding loan balance (this excludes any policy excess you may have had to pay your comprehensive insurer)	Up to $30,000	Up to $15,000	Up to $10,000	Up to $10,000
Out-of-pocket expenses to cover additional costs that you are likely to incur. These could include on-road costs, government charges, perhaps even medical expenses	Up to $4,000	Up to $4,000	Up to $2,000	Up to $1,000

Conditions apply. Before making a decision in relation to this product, please refer to the Product Disclosure Statement (PDS) available at your participating Lexus Dealer.

Should you be disabled and unable to work due to illness or injury, Lexus can help you minimise any adverse financial circumstances. Lexus Insurance has devised a Payment Protection Insurance solution which looks after you, your family and your lifestyle in so many ways. It can help you to:

• make your car repayments
• keep your car
• reduce your financial burden
• protect your credit rating

Payment Protection Insurance also assists with making car repayments should you become involuntarily unemployed. Payment Protection Insurance also incorporates an option to provide your family with additional peace of mind in the event of unforeseen death.

Payment Protection Insurance - Personal

You have the reassurance of knowing your vehicle finance payments will be made in the event of death, disablement or involuntary unemployment.

In the event of death, if you selected the death cover option, Payment Protection Insurance will, subject to other claims on the policy, pay out your entire vehicle finance agreement up to a maximum of $100,000. Select the insurance protection best suited to your circumstances from the following four cover options:

• Option 1: Loan Payout Insurance - Death
• Option 2: Payment Protection Insurance - Injury & Illness
• Option 3: Payment Protection Insurance - Involuntary Unemployment*
• Option 4: You may choose a combination of or all of the above insurances
  * Cannot be purchased without Illness and Injury cover option.

Payment Protection Insurance - Business

Payment Protection Insurance is available on both consumer and commercial use finance contracts which means business customers can also benefit from this cover.

*Conditions apply. Before making a decision in relation to this product, please refer to the Product Disclosure Statement (PDS) available at your participating Lexus Dealer.

We are here to provide you with confidence and security throughout your Lexus ownership.

Factory Approved Extended Warranty Insurance is exclusively available to Lexus owners and can be purchased at any time after you purchase your vehicle up to 4 years old and have travelled less than 90,000 kms.

You have the confidence of knowing that any Lexus component that is found to be defective in materials or workmanship under normal use and operating conditions within Australia will be repaired at no cost to you (subject to policy conditions). All authorised repairs are backed by a quality guarantee for the period of insurance cover.

You can choose a 1, 2 or 3 year plan term, with maximum kilometres capped at either 100,000kms or 150,000kms depending on your driving habits and personal requirements.

Key benefits:

• Lexus Genuine parts used on all repairs
• Quality guarantee on all workmanship
• Extensive range of options available
• Australia –wide cover
• Additional benefits such as towing, car hire and accommodation
• Transferability of the policy to a new owner if you ever sell your vehicle

*Conditions apply. Before making a decision in relation to this product, please refer to the Product Disclosure Statement (PDS) available at your participating Lexus Dealer.