Shortfall Plus Cover

Our Shortfall Plus policy protects you if your outstanding loan amount is higher than your car’s value when it is stolen and not recovered or damaged beyond economical repair. This is a standalone policy that is purchased in addition to an Audi Comprehensive Insurance Policy.

This benefit provides cover if your car is a total loss due to theft, hijacking or accidental damage and the outstanding loan balance is more than your car’s value at time of loss.    

This benefit provides cover so that if your car is stolen and not recovered or damaged beyond economical repair, we will pay a fixed amount of R10 000 towards your new Audi (if you replace your car within three months from an approved Audi dealer).

This optional benefit provides cover in the event of minor damages such as dents or scratches to your car. 

1. Audi Financial Services Shortfall Plus Cover is provided by Volkswagen Financial Services South Africa (Pty) Ltd (Reg. No. 2013/133698/07), (VAT No. 4760263576), an Authorised Financial Services Provider (FSP: 44827) and Registered Credit Provider (NCRCP No.: 6635), and underwritten by Hollard Insurance Company, an authorised financial services provider, Reg. No. 1952/003004/06. 

2. Please note that this is not the policy wording. Please read the policy wording for the full benefits, as well as the comprehensive terms and conditions of this cover.