Credit Shortfall Cover to up to R50,000
R55,00
Credit shortfall cover will cover you for any shortfall between the amount you owe on your financing loan and what you are paid out (if a car is deemed beyond economic repair following an accident or if stolen).
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- In the event of a Total Loss of the client’s vehicle
- Covers shortfall between the outstanding balance
- Premium decreases in-line with the outstanding balance
Description
Credit shortfall cover will cover you for any shortfall between the amount you owe on your financing loan and what you are paid out (if a car is deemed beyond economic repair following an accident or if stolen).
- In the event of a Total Loss of the client’s vehicle
- Covers shortfall between the outstanding balance
- Premium decreases in-line with the outstanding balance
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