If there’s a shortfall between your insurance pay-out and the balance in your finance agreement from an accident, Shortfall Plus Cover will make up the difference.
About Shortfall Plus cover.
If your Audi is written off or stolen, you’re guaranteed to get a new one with Shortfall Cover Plus. Even if you still owe money on your finance plan, you get protection for any outstanding loan amounts regardless of the value at the time of the event.
Why choose Shortfall Plus?
Your Audi’s value depreciates over time, and a comprehensive insurance policy will only pay out the value at the time of loss. This means you might have a finance shortfall.
• Shortfall Cover: This benefit provides cover if your car is a total loss due to theft, hi-jacking or accidental damage and the outstanding loan balance is more than your car’s value at time of loss. • Violation of Conditions Cover: This benefit provides cover if your insurance company rejects your claim because you unintentionally failed to abide by policy conditions. • Bodyline Maintenance Cover: This optional benefit provides cover in the event of minor damages such as dents or scratches to your car. • Loyalty Bonus: 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 R5 000 towards your new Audi if you replace your car within three months from an approved Audi dealer. • Personal Accident: This benefit provides cover if anyone dies or is permanently injured or disabled while travelling in the car insured with this policy.
Terms and conditions Apply
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 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.