Product disclosure
Provided for items displayed are for illustration purpose only. For the Terms, Conditions and Limitations applicable to items provided for and the product in question please contact a customer engagement specialist. Items provided for correct at time of publication. E&OE.
All icons and imagery used are for illustration purposes only.
Full FAIS disclosures supplied as part of purchased product documentation. Product specific disclosures are as follows:
Adcover, Deposit Cover, Adcover & Deposit Cover Combo and Warranties
All Adcover, Deposit Cover and Adcover & Deposit Cover combo and Warranty products are underwritten by approved insurers which, depending on the relevant distribution channel used, may either be Hollard Specialist Insurance Limited (Company Registration Number 1966/007612/06 & FSP Licence 25511) or Centriq Insurance Company Limited (Company Registration Number 1998/007558/06 & FSP Licence 3417).
All Adcover, Deposit Cover and Adcover & Deposit Cover combo and Warranty products are underwritten by the said insurers and are administered by M-Sure Financial Services (Pty) Ltd (Company Registration Number 2002/022941/07 & FSP Licence 21799), an Authorised Financial Services Provider.
Excesses/Deductibles applicable to Adcover and Adcover & Deposit Cover Combo product:
The following deductibles apply to claims under the Violation Cover:
|
Type of Vehicle |
Deductible |
| A private type vehicle which means private motor vehicles, light delivery vehicles with a gross vehicle mass of not more than 3 500kg (three thousand five hundred kilograms), motorcycles, trailers with a carrying capacity of not more than 750kg (seven hundred and fifty kilograms) and caravans. |
R 3 000 (three thousand rand)
PLUS
R 3 000 (three thousand rand) if the vehicles was being operated by someone who is not the regular driver as stated in the underlying motor comprehensive schedule. |
| Taxis which means vehicles with a gross mass of not more than 8 700kg (eight thousand seven hundred kilograms) used for the carriage of passengers for reward and for social, domestic and pleasure purposes. |
20 % (twenty percent) of the sum insured or market value or retail value as stated in your comprehensive motor insurance policy
PLUS
An extra R 5 000 (five thousand rand) if the driver cannot provide a Professional Driving Permit. |
| Commercial vehicles with a gross vehicles mass in excess of 1 500kg (one thousand five hundred kilograms) and up to a maximum of 8 700kg (eight thousand seven hundred kilograms) and trailers with a carrying capacity of not more than 750kg (seven hundred and fifty kilograms). |
10 % (ten percent) of the sum insured or market value or retails value as stated in your comprehensive motor insurance policy
PLUS
An extra R 5 000 (five thousand rand) if the driver cannot provide a Profession Driving Permit. |
Lifestyle Protection Plan
All Lifestyle Protection plan products are underwritten by approved insurers which, depending on the relevant distribution channel used, may either be Hollard Specialist Life Limited (Company Registration Number 1994/001332/06 & FSP Licence 18146) or Centriq Life Insurance Company Limited (Company Registration Number 1943/016409/06 & FSP Licence 7370).
All Lifestyle Protection plan products are underwritten by the said insurers and are administered by M-Sure Financial Services (Pty) Ltd (Company Registration Number 2002/022941/07 & FSP Licence 21799), an Authorised Financial Services Provider.
Lifestyle Protection Plan - mandatory or optional
- You are not obliged to take credit life cover if you have existing life and disability policies in place that provide sufficient cover.
- This product is not mandatory and is optional, which means that you can choose whether or not to take this cover. A mandatory product is one where you would not have a choice.
RenewTech
All RenewTech products are administered by SA Vehicle Maintenance (Pty) Ltd (Company reg. no. 2000/009578/07), a subsidiary of M-Sure Financial Services. Both companies are Authorised Financial Services Providers