- Loss of Use
- Accident Forgiveness
- Free Windscreen Cover
- Waiver of Excess*
- 24/7 Roadside Assistance
- Includes Special perils, Burglary & Theft Cover
Frequently Asked Questions
How do I enroll in this plan?
AIB will contact you to arrange your enrollment. Documents required are a simplified enrollment form, utility bill, a copy of your Driver’s permit, and the pro forma invoice or valuation for the vehicle.
Is there a vehicle age limit for this plan?
Yes, fully comprehensive cover is available up to 10 years from the date of vehicle manufacture.
What does this policy cover?
This is a Full Comprehensive – Agreed Value policy that has significant improvements and benefits that we can discuss in more detail.
What if I had previous accidents?
Enrollment is guaranteed reguardless of your accident history.
What if I have a No Claims Discount (NCD)?
You can use your NCD for another vehicle as it is not required for this plan.
If I have an accident during the loan period, does it affect my premium?
No, your premium is fixed for the period of the loan on this plan.
Are the deductibles higher than usual?
No, deductibles are the standard deductibles for motor insurance.
What if I have young/inexperienced drivers utilizing the vehicle?
Young/Inexperienced drivers are automatically covered subject to the standard young driver deductible.
What if the insurance policy is cancelled? For example, vehicle is sold or written off.
AIB will cancel the policy and any pro rata monthly premiums returned to Republic Bank.
How do I collect my insurance documents?
You can collect your insurance documents at any of our branches or at the insurer (Beacon). Alternatively, we can arrange for documents to be hand delivered to you or to your loans officer.