Capricorn Mutual updates to protect your business

People in workshop

Capricorn Mutual was established to provide Capricorn Society Members with market-leading protections tailored to the Motor Trades industry.

To ensure we continue to deliver on this purpose, we have undertaken a detailed review of the Product Disclosure Statement (PDS) wording. The refreshed PDS includes new optional benefits, additional benefits and some other important changes.

Benefit limits have increased on a number of sections including:

  • Hire car costs following theft
  • Motorcycle helmets and riding apparel
  • Recovery costs following theft
  • Towing costs
  • Unlimited windscreen claims
  • Signwriting protection

New optional benefits include:

  • Choice of repairer
  • Fleet vehicles protection for members who have 15 or more vehicles
  • Employee theft protection
  • Hire car after incident
  • Landlord protection

For details about the Product Disclosure Statement updates visit Capricorn Mutual.

Products sold through Capricorn Risk Services Pty Ltd (ABN 93 111 632 789) are: (i) discretionary risk protection products issued by Capricorn Mutual Ltd; and (ii) general insurance products issued by a range of insurers and brokered through Capricorn Insurance Services Pty Ltd. Before deciding to acquire any product you should consider the Product Disclosure Statement available from Capricorn Risk Services Pty Ltd to see if the product is appropriate for you. Capricorn Risk Services Pty Ltd is a Corporate Authorised Representative (No. 460893) of Capricorn Mutual Ltd (AFSL 230038) and Capricorn Insurance Services Pty Ltd (AFSL 435197). Capricorn Mutual Ltd has published a Target Market Determination for its protection which is available at

This article was published 26/05/2023 and the content is current as at the date of publication.