GT Downtime “Advantages” OPTIONAL COVER
- “GT Downtime” is an extension available to GT Commercial Motor Vehicle Insurance Policy holders offering the Insured significant financial benefits when their vehicle is not earning an income whilst off the road being repaired due to an insured event.
- This cover is available to policies covering 1 to 9 trucks (with a GVM > 5 tonnes) where insured on a Comprehensive basis and operating within a radius of 1500km from nominated base of operation.
- “GT Downtime” is available on new policies or can be endorsed on at renewal for existing policies.
How will you pay for the following after an accident?
- Finance Repayments of the vehicle
- Ongoing Business Expenses - Wages
- Insurance Premium Funding Payments
- Workers Compensation Instalments
- Family Living Expenses - Mortgage or Rental Repayments
- School Fees
- Utility Bills
- Food & Essentials
- Private / family vehicle loan repayments
Cover Available:
- From
1 To 4 Months Cover
-Nominate the Monthly Period & Benefit amount required
per vehicle. - Deferment
(Excess) Period
-14 days from the date the vehicle arrivesat chosen Repairer’s
for completion of repairs.
Excluded Vehicles:
- Tow Trucks
- Plant & Machinery
- Pit Mining Activities
- Vehicles used for the transportation of Refrigerated Goods
- Vehicles
working within the confines of
Airports or providing airside services - Vehicles capable of being used on rails or water
- Buses & Coaches
- Motor Trade Risks
- Vehicles on Dry Hire
- Underground Mining
- Mobile Cranes
- Forklifts and the Like
Insurance provided by Allianz Australia
Insurance Limited
AFS Licence No. 234 708 ABN 15 000 122 850
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