Benefits of Our Fleet Comprehensive Insurance:

  • New for old replacement for three years.
  • Anyone can drive the car and is fully covered.
  • Gap cover is included in the policy; more owing on the finance than the value of the vehicle.

Complete Vehicle Protection

 

Disclaimer

WhipSmart Co Pty Ltd (ABN 17 662 603 732) is an authorised representative (AR number 001318994) 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.

Policy Documents & Guides

When considering or purchasing novated lease insurance, it’s important you have access to key financial disclosure documents so you can 
make informed decisions.

Contact Us

Financial Services Guide (FSG)

Financial Services Guide – WhipSmart.pdf

Factsheet

Whipsmart Factsheet January 2026.pdf

Fleet Group Policy

Vero Motor Fleet Group Policy.pdf

Product Disclosure Statement

Product Disclosure Statement.pdf

Frequently Asked Questions

Have a specific question?

What is Novated Leasing Comprehensive Insurance?

Novated Leasing Comprehensive Insurance is specialist cover designed specifically for vehicles under a novated lease. It protects against accidental damage, theft, fire, and third-party liability, helping safeguard not only your car but also your financial and lease obligations, so you can drive with confidence knowing you’re covered.

What does this insurance typically cover?

Our comprehensive insurance typically covers accidental damage to your vehicle, theft, fire, and malicious damage, as well as your legal liability for damage caused to other people’s property.

Why do I need comprehensive insurance for a novated lease?

Comprehensive insurance is essential because unlike a personal car loan where you own the vehicle, the financier holds the title during a novated lease and requires full protection of their asset.

Can I add Lease Protection, Gap, Sickness & Accident Cover?

Yes, at WhipSmart you can easily bundle lease protection, gap, sickness, and accident cover into your lease so that all your premiums are conveniently paid using your pre-tax salary.

Who’s eligible for this insurance?

Anyone with a valid Australian driver’s license who is currently employed by a company offering our novated leasing program is eligible to package this insurance!

How do I make a claim?

At WhipSmart, you simply lodge your claim directly with your chosen insurance provider and then send us the details so we can assist with any necessary reimbursements or budget adjustments.