Unexpected changes like job loss, illness, or injury can place pressure on your finances.
This cover is designed to help you:
- Maintain your lease repayments during difficult periods
- Reduce financial stress if your income suddenly stops
- Protect your credit position and financial stability
- Access support while you get back on your feet
What's covered?
If you lose your job unexpectedly.
- Up to 10 monthly lease repayments paid directly to your lease provider
- A Handback Option after 3 paid months
- $400 monthly vehicle running cost benefit (up to $4,000 total)
If you remain unable to work after receiving benefit payments, you may:
- Return the vehicle to the lease provider, and
- Have the difference between the vehicle’s fair sale price and outstanding lease balance covered.
This can help prevent ongoing financial strain during extended recovery or unemployment.
If illness or injury prevents you from working
- Up to 18 monthly lease repayments
- Handback Option available after 12 paid months
- $400 monthly running cost benefit (up to $4,000)
- Combined maximum benefit of $40,000
Why choose Prosperity Smart Drive?
Our novated leasing specialists work with business owners and employees to deliver a seamless vehicle and cover solution.
With expert advice, you’ll understand how the insurance works alongside your salary‑packaged lease — so there are no surprises.
Backed by one of Australia’s leading insurers, you can trust that your vehicle protection is robust and supported.
Our team supports you throughout the claim process: from repair management, hire car arrangements, to lifetime repair guarantee.
Dedicated to helping you focus on business or life — not paperwork and worry.
How to apply
Speak with a Prosperity Smart Drive adviser to confirm your eligibility and lease details.
Complete the online application form – we’ll guide you through the required information.
We’ll issue your certificate of insurance and you’ll be covered once your policy is active.
Keep your lease and insurance details together — it makes claim time simpler and faster.
Important Information
This information is general only and does not take into account your objectives, financial situation or needs. Before entering into any novated lease or insurance arrangement you should consider your own circumstances and seek professional advice. Conditions, exclusions and fees apply. For full details of the terms, limits and exclusions, refer to the Product Disclosure Statement (PDS).
Prosperity Smart Drive Pty Ltd Pty Ltd (Prosperity Smart Drive) (ABN 61 120 563 215) is an authorised representative (AR number 000304927) of BMS Risk Solutions Pty Ltd (BMS) (ABN 45161187980, AFSL 461594) in connection with the motor vehicle insurance only. The motor vehicle insurance is provided by AAI Limited trading as Vero Insurance (Vero) (ABN 48 005 297 807, AFSL 230859) and is issued under a binder arrangement with Vero. When acting under a binder BMS acts as agent for the insurer and not as your agent. This is general information only. It has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it. For full details of the terms, limits, conditions and exclusions and before making any decisions about whether to acquire or to continue to hold this product, please consider the Financial Services Guide and Vero Product Disclosure Statement. A Target Market Determination is also available.
^BMS is Prosperity Smart Drive’s Insurance Broker and manage the Vero Comprehensive Motor Insurance product.