Insurance Products

Comprehensive Cover

Compulsory Third Party (CTP) Cover

Third Party Property Damage Cover

Third Party Property Damage, Fire and Theft Cover

Security Shortfall Insurance (Gap Insurance)

Consumer Credit Insurance ("CCI")

Warranty Insurance

For your convenience and information, we have provided an outline of the common auto and credit insurance products you are likely to encounter whilst financing the purchase of your motor vehicle.

UFS is authorised arrange insurance on behalf of a number licensed insurers as outlined in the relevant Financial Services Guide for the State where you reside. It is important that you read the relevant Financial Services Guide and Product Disclosure Statement and understand the product features and benefits of each type of insurance cover.

It is important to note:

  • You cannot be forced to take out any type of insurance (however, evidence of current comprehensive insurance is required by most credit providers)
  • You cannot be forced to take out insurance with a particular insurer
  • Details of the other types of insurance covers that we can issue, along with the way in which we are remunerated, are disclosed in our Financial Services Guide
  • If you purchase an insurance policy and decide within 14 days that it doesn't meet your needs, for whatever reason, you can cancel for a full refund less any taxes or duties that the insurer cannot recover. This is called the Cooling Off Period, and
  • If you have any queries or a complaint about an insurance product offered to you should follow the complaint handling procedures detailed in the insurer's Product Disclosure Statement.