1300 361 360

What is Loan Termination Insurance and why might you need it.

We all know the unexpected can happen and in the unfortunate event you are struggling to make your loan repayments, Loan Termination Insurance (LTI) can help reduce the financial burden of debt. For instance, you may be made redundant, you may have driving restrictions put in place due to medical reasons, you may get a job transfer overseas or have had to declare bankrupt.

With LTI, you can choose to hand your financed vehicle back to the dealer and terminate your loan. In this instance, your LTI policy covers the difference between the value of the vehicle and the amount owning on your loan (up to the maximum claim limit on the level of cover you select), this helps reduce the financial burden of the loan.


  • Reduces the financial risk should you terminate your loan early due to unexpected events
  • Reduces the stress and financial pressure on you or your family during uncertain times
  • Provides options to retain or hand back the vehicle to reduce your debt
  • Provides different levels loan repayment cover of 3 – 12 months
  • Provides peace of mind in the event of:
    • Disability
    • Trauma
    • Medical Driving Restrictions
    • Unemployment
    • International Job Transfer
    • Self-Employed Bankruptcy

360 Finance can provide Loan Termination Insurance at competitive policy premiums from some of Australia’s leading insurers.

Call our Customer Service team on 1300 361 360 to learn more.

Our customers & people

"Excellent service. Ian from 360 Finance was great to deal with and we were kept in the loop at all times. No problem recommending 360 to anyone."
Gary M, Brogo, NSW
"One word - Excellence! Big thanks to Leanne for her outstanding effort in helping me get my new car. She went out of her way to answer all my silly questions in easy Laymens terms!"
Warren H, Queensland
"Living life upgraded. Second purchase with 360 Finance!"
Sue G, Queensland
"So in love with my new car thanks to John at 360 Finance. I'm so happy with my Honda Civic RS Turbo. 360 Finance were great and totally recommend them. So a big thank you again."
April G, Queensland
"Thank you 360 Finance for all your help. Finance has allowed my family to buy a brand new family caravan to travel this amazing country. #lifeupgraded "
Craig P, Queensland
"Thank you 360 Finance for another successful purchase with low interest and fantastic service!!!!"
Michelle W, Queensland
"New Car! Toyota Prado. Life Upgraded!"
Emilie D., New South Wales
"Here’s a pic of my new ride all washed up - I had a blast on my new stead. Thanks Leanne and 360."
Nathan S, Victoria
"Thanks 360! I was blown away by the low rate finance and insurance I got compared to what I could find myself."
Karyn E, Northern Territory
"The kids are loving their new Taxi! Cheers Kyle and 360 Finance."
Lauren M, New South Wales
"We can’t wait for adventures in our new camper van, making memories with our two beautiful girls. Thanks 360!"
Skye C, South Australia
"Kim at 360 got me my Ute, Jetski and now a Mustang! She is a champ at her job and was very helpful. "
Chris R, Queensland
"Thank you Kevin at 360 for assisting us with our new car finance. Fast and easily approved."
Rhea P, South Australia

Useful articles

Some of our insurers: