RemServ has a range of optional insurance products available, including:
- comprehensive motor vehicle cover
- gap insurance
- scratch and dent insurance
- guaranteed buyback insurance
- lease protection insurance
- extended warranty
Comprehensive insurance must be held as part of a novated lease - regardless of whether you take out a policy through RemServ or you arrange through your own insurance provider. Employees who choose RemServ’s comprehensive vehicle insurance can enjoy a cashless arrangement by paying the premiums directly from funds held in their RemServ account. As this insurance is activated before your novated lease settlement and financed for the first year, employees can avoid any delays in taking possession of their vehicle.
Those who choose their own insurance provider will have to pay their first year’s premiums and seek reimbursement once funds have accrued in their novated lease accounts. These employees can, on request and subject to available funds, pay premiums to their chosen insurer directly from their novated lease account from the start of the second year of their lease.
Remuneration Services (Qld) Pty Ltd (ABN 46 093 173 089) (RemServ) is an Authorised Representative of Coverforce Insurance Broking Victoria Pty Ltd (AFSL 345986) ABN 45 127 707 813, Allianz Australia Insurance Limited (AFSL 234708) ABN 15 000 122 850 and Smart Guys Pty Limited (AFSL 460412) ABN 46 129 708 523. Virginia Surety Company Inc (AFSL 245579) ABN 63 080 339 957 is the underwriter of Safeguard Ultimate Warranty Insurance and Professional Risk Underwriting Pty Ltd (AFSL 308076) ABN 80 103 953 073 is the issuer of Total Loss Assist (TLA) Insurance on behalf of certain underwriters at Lloyds. Read the product disclosure statement before making a decision about an insurance product.