How Wesbank Insurance Works

Comprehensive Insurance

This is a comprehensive policy that covers your Wesbank financed vehicle in the event of an accident, theft or fire.  It also covers third party liability and towing services. This is the whole package and is the most extensive type of insurance cover. With this type of Wesbank Insurance cover you can claim for the theft of your car, for any additional damages or for damages that you accidentally cause to a third party’s property.

Shortfall Protection

If your vehicle is written off or stolen, CoverPlus makes up the difference between the pay out from your underlying insurer and the balance you still owe on the vehicle.

Deposit Protector– provides cover for your original deposit. If your vehicle is written off or stolen, Deposit Protector covers your original deposit up to a maximum of R500 000.

Return to Invoice– if your vehicle is stolen or written off, the Return to invoice policy covers the difference between the price you paid and the insured value of your vehicle, up to a maximum of R500  000.

This type of insurance is available to all customers who currently have asset finance from Wesbank.

Debt Protection

Credit Protection Policy– this covers you and your family in the event of your death, permanent disability, temporary disability, retrenchment or diagnosis of a dread disease.

Health Credit Policy– Helps to keep your family afloat.

Retrenchment– This policy will pay your instalments in full, including your insurance premiums.

Vehicle Protection

Wesbank Insurance provides vehicle maintenance for everyday wear and tear.

Wesbank will provide a courtesy car to help clients avoid the inconvenience of not having a car.

Mechanical breakdown cover is provided, in addition to vehicle tracking and recovery.

The Early Warranty System is offered, which alerts the 24 hour call centre if there is any unauthorised movement of your vehicle.

Visit www.wesbank.co.za for more information.

 

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