Volkswagensure Deposit ProtectorVolkswagensure Deposit Protector

What is Deposit Protector?


When a car is written off and totally lost through theft or accident, the comprehensive insurance payout for your car may not leave enough over for a deposit to buy a new vehicle. This policy makes sure that you get a deposit back even if your car has depreciated in value since you bought it.

The Deposit Protector policy is a stand alone policy which may be purchased in addition to a motor comprehensive insurance policy.

A condition of the Deposit Protector policy is that you need to ensure that the vehicle is comprehensively insured for its full market value. 

Benefits

  • Where the vehicle is stolen and not yet recovered, or damaged beyond economical repair and is written off, we will pay the deposit paid by you on the original purchase date.
  • The maximum liability under this section shall not exceed R50 000 (Fifty thousand Rand).

Please speak to your Dealer or contact Volkswagensure on 0800 204 638 if you have any queries or to receive a quote.

Hollard Insurance

Volkswagen Financial Services is a division of WesBank, a division of FirstRand Bank Limited. An authorised Financial Services and Credit Provider. NCRCP20