Coverplus Policy (Shortfall Cover)
Should it happen that you owe
the financial institution more than what your Comprehensive Insurance pays out
– (Total Loss or if your vehicle is Stolen and Not Recovered).Depreciation is a fact of life, so the
chances of your vehicle value being less than your outstanding balance is very
possible.
Take this cover and you will not be paying for a vehicle you no longer have, enabling you to purchase a vehicle again.
Contact your selling dealer should you require more information. Full policy wording applies.