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OAC Motor Insurance – Loss of Use Benefit

OAC (Overseas Assurance Corporation) provides the optional benefit of Loss of Use.

The Loss of Use benefit is activated when the car repairs takes more than 2 days. For example, if your car takes 3 days to repair, you can claim $240. The benefit payout is $80 per day for up to max 7 days. You can use it to rent a car, or for your alternative transport allowance. Currently the additional premium for this is $100+GST