Sometimes insurance can be one of those things we put into the too hard basket. Often this is because we are not really sure what cover we are actually purchasing and the benefits it will offer us.
Loan repayment insurance (LRI) and mechanical breakdown insurance (MBI) are insurance policies that may be taken out with your Avanti Finance loan. LRI offers cover for your loan payments should something happen to you, and MBI covers the cost of breakdown repairs to your vehicle.
We have also included the answers to questions often asked about these types of policies, for your information.
If you have any further queries please do not hesitate to contact our Lending Department on Auckland (09) 571 0720 or 0800 003 111 today.