If your insured, financed vehicle is stolen, hijacked or written off, your insurance company will pay your vehicle’s market or retail value and not the full outstanding capital balance. You will have to pay the shortfall between the insurance pay-out and the amount owed to your financial institution. AdCover will settle this shortfall*.
This policy can be purchased at your dealership of choice or through our national call centre. Fill in the form on the right and we’ll call you back to discuss your options.
How will this benefit you*?
- No large, unexpected excess
- Personal accident benefits
- Fixed, affordable monthly cost
- Help if you unintentionally miss an instalment
- Help if you unintentionally ignore a policy condition
- Safe vehicle towing and storage
Only vehicles younger than 10 years that have done less than 250 000 km qualify.
*Please review the respective policy booklet for detailed information, respective limitations and the full list of benefits. Terms, Conditions and Limitations apply. Benefits correct at time of publication. E&OE.