Commercial vehicle shortfall cover

Be covered for the shortfall if the insurance payout for a stolen or written-off vehicle doesn’t settle what you still owe on it.

Some of the benefits

Avoid inconveniences

Receive R5 000 payout on a valid claim to cover any inconvenience to your business

Secure a deposit

Access the deposit benefit when there's no shortfall at the time of a claim, even if you didn't pay a deposit

What’s covered

Passenger and goods-carrying vehicles* used for commercial purposes.

Sedans
Utility vehicles
Trucks
Trailers (with capacity over 750kg)
Buses (more than 16 passengers)
Agricultural vehicles
Construction vehicles

Terms and conditions apply.
^{Underwritten by Standard Insurance Limited (SIL), SIL is a registered short–term insurance company (Reg. No. 1993/007593/06).}

_{*Excluding vehicles used for demonstration purposes, mining (above or underground) or aviation (aircrafts, helicopters, drones etc.}

What it costs

Premiums are based on the asset value
Your premium can be bolted onto your vehicle finance debit order

How to claim

For a total loss claim send an email for notification to [email protected]

How to get it

If you already have a Vehicle and Finance Account

Speak to your Vehicle and Asset Finance Consultant

What’s covered
What it costs
How to claim
How to get it

Passenger and goods-carrying vehicles* used for commercial purposes.

Sedans
Utility vehicles
Trucks
Trailers (with capacity over 750kg)
Buses (more than 16 passengers)
Agricultural vehicles
Construction vehicles

Terms and conditions apply.
^{Underwritten by Standard Insurance Limited (SIL), SIL is a registered short–term insurance company (Reg. No. 1993/007593/06).}

_{*Excluding vehicles used for demonstration purposes, mining (above or underground) or aviation (aircrafts, helicopters, drones etc.}