Here you’ll find the key things you need to know about our Extended Warranty Insurance. Refer to the Product Disclosure Statement (PDS) and Supplementary Product Disclosure Statement for full details.
|Cover option||Period of cover|
|1||12 months to maximum 100,000km|
|2||24 months to maximum 100,000km|
|3||36 months to maximum 100,000km|
|4||12 months to maximum 150,000km|
|5||24 months to maximum 150,000km|
|6||36 months to maximum 150,000km|
If any component of your car is found to be defective in materials or workmanship (subject to policy conditions), we’ll repair or replace the defective components for you (some exclusions apply). We will also pay to replace any consumable items, such as oil, if required due to the repair of a failure covered by the policy.
Extended Warranty Insurance doesn’t cover you:
Other exclusions apply. For full details of these exclusions, refer to ‘What’s not covered’ in the Product Disclosure Statement (PDS).
|We will pay the following||Amount|
|Cost to repair your vehicle
(we will pay this to your local Dealer
|Hire car expenses (we will pay this to you)||$77|
|Towing expenses (we will pay towing company)||$200|
The above is an example of how we pay a claim under an Extended Warranty Insurance policy and is not a term or condition of the policy wording. Please read the PDS for full details of what we cover, as well as what policy limits and exclusions apply.
A few things to consider before deciding:
You can purchase Extended Warranty Insurance when you purchase your car. Your dealer will be able to help with the process
Get to know your Extended Warranty Insurance better.
This SPDS, dated 19 February 2021, updates and should be read in conjunction with the Extended Warranty Insurance SPDS and any other applicable SPDS we may have given you, for new policies issued on or after 25 March 2021.
This SPDS, dated 1 May 2019, updates and should be read in conjunction with the Extended Warranty Insurance Product Disclosure Statement and any other applicable SPDS we may have given you.
We provide finance and insurance services to customers and are the holder of an Australian Financial Services Licence Number 392536. Click here to download the Financial Services Guide.
PowerTorque Insurance is committed to providing our customers with products that are suitable for their needs and meet their expectations. This policy outlines how we respond to customer needs and expectations in our approach to the design, distribution and regular review of our products.
Effective from 1 July 2021, please refer to this guide for information about how PowerTorque Insurance will handle any complaint that you may have.
PowerTorque Insurance recognises that Family and Domestic Violence is a serious issue that may be affecting our customers and we are strongly committed to supporting them. This policy sets out how we will support those affected by Family and Domestic Violence.
Our Extended Warranty Insurance is available for most car makes and models. To confirm your car qualifies talk to your Dealer or call us on 137 800.
If you sell your vehicle to or through a motor dealer or trader, your PowerTorque Insurance Extended Warranty Insurance policy can be transferred to the new owner at our sole discretion (subject to policy conditions). However, a transfer fee will apply.
Yes please ensure your vehicle is regularly and properly serviced in accordance with the manufacturer’s recommendations. Your Dealer or your Authorised Repairer should perform all servicing to ensure you remain covered.
The information on this website is of a general nature and for information only. Nothing on this website constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.
Terms and conditions apply. This advice is general in nature and does not take into account your objectives, financial situation or needs. Before making a decision to purchase any of the insurance products you should consider the appropriateness of the advice taking into account your own objectives, financial situation and needs and refer to the current PDS for the relevant product available from participating Dealers, via our website at Powertorquefinance.com.au or by calling 137 800. PowerTorque Insurance is issued by Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536. The insurer is Aioi Nissay Dowa Insurance Company Australia Pty Ltd ABN 11 132 524 282, AFSL 443540 (Adica).
Our warranty insurance policies do not change or take away your rights under the Australian Consumer Law. Your right to claim under our warranty insurance policies for the benefits covered is in addition to other rights and remedies you have under the law in relation to your vehicle. However, you can choose to make a claim under any of our warranty insurance policies even if you have rights under the law.