Abarth know that unemployment is a concern for many when considering
a long-term financial commitment, especially during this time. The Abarth payment waiver covers you if you are made redundant through no fault of your own or off work due to long-term sickness: the loan repayments can be waived for up to 7 months or until you’re re-employed or return to work, whichever occurs earlier.
In either event, to qualify you must be off work for at least 30 days before the benefit can commence. With the exception of the initial month of enrolment, all waiver payments will be backdated to begin from the date they became necessary e.g. the day you were made redundant.
12 Month Job Loss Protection Features & Benefits
- Provided as part of your finance agreement, completely free of charge
- Valid for the first year of your car finance package
- Peace of mind that your monthly car repayments will be covered should you lose your job, meaning reduced financial pressure while searching for new employment
- Accidental death, accident and sickness cover are also included, covering up to 7 monthly payments.
Terms & Conditions
Cathedral Motor Company Limited or Ltd T/A Arbury is Authorised and Regulated by the Financial Conduct Authority (FCA) for Consumer Credit activities and is an appointed representative of TRACS, a trading division of FISC Limited, which is authorised and regulated by the Financial Conduct Authority for General Insurance.