myFord Insurance Overview
myFord Motor Insurance
With myFord Motor Insurance you can protect yourself and your vehicle with an extensive combination of standard features and policy options.Motor Insurance provides cover for accidental loss or damage to your vehicle up to an agreed or market value, as well as covering your legal liability for loss or damage to other people’s property caused by a motor vehicle accident which is your fault.For more information please refer to the myFord Motor Insurance Product Disclosure Statement and Policy Document.
myFord Value Protect Insurance
If your vehicle is declared a total loss, your comprehensive insurance payout may not cover the total amount you paid for your vehicle, or the loan amount you still owe.myFord Value Protect Insurance covers this shortfall so you don't have to. Whether you have paid for your vehicle outright, or have a loan balance outstanding, Value Protect Insurance can help so a total loss doesn't leave you out of pocket.Value Protect Insurance pays you the greater of the loan settlement amount less total loss payment; or the replacement vehicle value less total loss payment, up to the maximum sum insured under the cover option you select.For more information please refer to the myFord Value Protect Insurance Product Disclaimer Statement and Product Booklet.
myFord Loan Protection Insurance
As a myFord customer, you can have peace of mind knowing that your vehicle loan monthly repayments will be paid should you unfortunately be unable to work, due to either disability or involuntary unemployment. In the event of death the outstanding balance of the loan will be paid.Ensuring that your monthly repayments will be taken care of by myFord Loan Protection insurance ensures that your vehicle loan is covered should something unexpected happen to you.For more information about the limits and terms please refer to the myFord Loan Protection Insurance Product Disclosure Statement and Policy Document.