Car Loans

We have all types of car loans and finance. For personal or business; ask us today!

Truck & Equipment Loans

UFS Direct can organise your Equipment loans.

Recreational Vehicle & Equipment Loans

Recreation is the spice of life. Why hold back when we can get you into the water fast!

Boat Loans

What's better than a day out on the bay? Owning your own boat which is out on the bay!

Caravan & RV Loans

Looking for a caravan, RV or other recreational vehicle? We can help you with the perfect loan!

Personal Loans

Holiday time? Renovating? We have a wide range of personal loan products to suit!

Motorbike Loans

Always dreamt of that motorbike? Well now you can get it! Get your motorbike loan from UFS Direct


When you finance the purchase of your boat, it is usually a requirement of the loan contract to have the security comprehensively insured at all times during the contract term. As a consequence, you must organise insurance before delivery of the boat by transferring your current insurance or organising new cover. UFS is able to provide a competitive insurance quote which may streamline the process for you.

In general, Comprehensive insurance provides cover for:

  • Accidental Loss or Damage to the insured vessel up to an agreed value (ie. a set amount the insurer agrees to with the insured) or market value (ie. the cost to replace the vessel with a vessel of the same make, model, age and condition immediately prior to the loss or damage). Today, most comprehensive policies are market value policies.
  • Your legal liability for damage to another person’s property as a result of an accident which is your fault up to a predefined limit for each event (including certain legal defence costs),
  • A number of other additional benefits which are automatically incorporated into the policy such as towing costs, emergency travel & accommodation costs, personal property.
  • Certain optional covers (where agreed) such as protected no claim bonus and restricted driver cover.

Benefits of Comprehensive Insurance

  • Protects your finances in the event your vessel is damaged, involved in an accident, or stolen.
  • Comprehensive Insurance can be easily financed into most loans.
  • Comprehensive Insurance is fully transferable.
  • Comprehensive Insurance needs to be renewed every twelve months so it provides you with the opportunity to shop around for the best quote.
  • Some comprehensive insurance policies also provide additional benefits should you need to claim.
  • Comprehensive Insurance can be cancelled and the premium rebated on a pro-rata basis.

The cost of comprehensive insurance is largely priced based on the type of vessel you are purchasing and your insurance history.