Rest easy with financial assistance for your vehicle.

If your vehicle is damaged beyond repair or stolen and not recovered, you’ll receive assistance for up to $15,000 to cover the shortfall between your lease payout and your vehicle’s market value.#

Things you need to know


What's Covered

What's in it for You

Need to Know

Finance shortfall

Up to $15,000 of shortfall benefit depending on the level of coverage selected.

Cover options:

  • Option 1 = $15,000
  • Option 2 = $10,000
  • Option 3 = $7,500
  • Option 4 = $5,000

Additional lump sum benefit

In addition to the shortfall benefit, you'll get a lump sum payment of up to $4,000 to cover incidental costs such as replacing an iPhone, iPad, notebook, navigation GPS etc.

The lump sum amount depends on the cover option selected.

No shortfall benefit

Up to $2,000 if you vehicle is damaged beyond repair or lost/stolen and not recovered and there is no shortfall The amount of No Shortfall Benefit depends on the cover option selected.
One upfront payment and no Excess Nothing further to pay. Protects you up to 5 years.
Cancel at any time

Change your mind?

Rest easy. You aren't locked in - just let us know and we'll arrange a refund.

Refund of premium balance, less any charges in accordance with relevant legislation and product disclosure statement.

A summary of the cover details above:


Cover provided

Finance shortfall

Additional benefits with a shortfall

Additional benefits with no shortfall

Option 1


$4,000 $2,000

Option 2




Option 3

$7,500 $1,000 $1000
Option 4 $5,000 $500 $500
21 day cooling off period: You have the right to return the policy within 21 days of the date that it was issued or sold to you, unless you make a claim under the policy within this time period.

Product Disclosure Statement

# Optional extras offered by Smartleasing are outside the Standing Offer Arrangement (SOA) in the Queensland Government established Salary Packaging Novated Leasing Panel QGP0026-16. These products are optional extras which you can choose whether or not to purchase.