Payment Protection Insurance  (PPI Insurance)

Borrowing money (credit) has never been more freely available than it is today. It enables us to make choices, to buy the things we want, when we want, and to enjoy life.

When you borrow money you enter into an agreement to repay it back at a certain rate and over a certain period.

However, things can change over time and whilst you may be fit and healthy today, with steady income and a secure future, unexpected events can very quickly change your situation.

Protecta Payment Protection Insurance covers you and your family in the event of you suffering financial loss as a result of you being off work due to accident, illness, redundancy, suspension, business interruption, bankruptcy or hospitalisation. It also has a life-cover benefit to pay the outstanding balance of your credit contract in the event of death.

With Protecta Payment Protection Insurance, you can relax knowing the money you borrow today can be repaid should the unexpected happen in the future.

For full details of the Proctecta Payment Protection Insurance policy please refer to the Policy Booklet wording.

 Guaranteed Asset Protection (GAP Insurance)

When purchasing a new vehicle and committing yourself to loan repayments over an extended term, it’s wise to protect yourself against the unfortunate event of your vehicle being written-off as a total loss and the shortfall that can occur between the amount outstanding on your finance contract and the insurance payout you receive.

Protecta GAP insurance has been designed with exactly that in mind – to help pay the difference (the GAP) between what your vehicle insurance policy pays out and the balance you owe under your finance contract. We may also pay additional benefits, which are designed to help reimburse you for associated incidental costs, if you select this extra “Special Benefits” cover for your policy.

Protecta GAP insurance protects your investment in your new vehicle so you can replace it, if you need it, providing control, certainty and choices for your future.

For full details of the Protecta GAP insurance policy please refer to the Policy Booklet wording.

 Motor Vehicle Insurance (MVI)

Accidents, loss and damage to motor vehicles do happen, even to the most careful of owners. Protecta Motor Vehicle Insurance offers comprehensive cover*.

Standard Policy Features include*:

  • 24hrs personally answered 0800 phone number for assistance
  • 24/7 Roadside assistance 
  • Accident Management service 
  • Third Party Legal Liability Cover up to $10,000,000
  • Accidental Death Cover of $5,000

*Please refer to the Protecta Motor Vehicle Insurance Policy Booklet for full details of the terms, conditions and exclusions that apply.

 Mechanical Breakdown Insurance (MBI)

Buying a new or used vehicle represents a major investment, so it’s wise to protect your vehicle against the sudden or unforeseen happening of mechanical or electrical failure.

The fact is, motor vehicles do break down from time to time and, whilst you don’t expect it to happen to your vehicle, it’s reassuring to know that Protecta Insurance has a policy to help protect you against the inconvenience and the costs of repair.

Protecta Insurance provides the most comprehensive and competitive policies available in New Zealand. Available exclusively through our network of Protecta Authorised motor vehicle traders throughout New Zealand, our policies provide cover for 1, 2 or 3 years and offer a range of terms and excess options designed to suit you and your vehicle.

For more information on the features and benefits of our Mechanical Breakdown Insurance policies please view our Summary of Cover.

Classic Cover Features include*:

  • 24hrs personally answered 0800 phone number for assistance
  • 24/7 Roadside assistance 
  • Accident Management service 
  • Third Party Legal Liability Cover up to $10,000,000
  • Accidental Death Cover of $5,000

*Please Note: This is a generic summary of the cover provided under each policy. For a full list of specific terms, conditions and benefits please refer to your Registration Certificate and the Policy Booklet wording.