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Many of us plan our budgets with precision, allowing us to save our hard-earned cash for a deposit so that we can afford the things in life that we really want or need – like a car. Now while our vehicle insurance products will cover it against a range of risks and perils, if your vehicle is damaged beyond repair or stolen and not recovered… what will happen to the outstanding amount still owed on the vehicle, or the deposit you paid on it?
Instead of saying cheers to your hard-earned cash, you can protect it with Auto Top Up and Deposit Protector!
Auto Top Up covers the amount that is still outstanding on your vehicle, and in addition to this cover, you can include Deposit Protector to insure the deposit that you paid.
Auto Top Up & Deposit Protector allows you to claim if:
- your car was stolen and not recovered, or so badly damaged that it is considered written off
- the outstanding finance amount did not exceed R1 000 000 at the time you purchased Auto Top Up
- the vehicle is financed
- a deposit has been paid on the vehicle and you have chosen to add Deposit Protector
You can find out about all the details of Auto Top Up and Deposit Protector by clicking here to view the brochure or you can call us on 0860 10 55 38.