Vehicle Credit Life

OUTsurance vehicle credit life cover helps you to pay for your vehicle when one of the insured events makes it difficult for you to do so. These include the following:

• Life cover pays the outstanding balance on your loan following your death.
• Critical illness cover pays the outstanding balance on your loan if you suffer from, or are diagnosed with, one of 17 major critical illnesses. These include cancer, heart attack, stroke, paralysis, blindness and a major organ transplant.
• Permanent disability cover pays the outstanding balance of your loan if you are totally and permanently disabled and you are not able to perform your own or any suitable occupation.
• Temporary disability cover pays the instalment on your loan if you are temporarily disabled and unable to perform your own occupation.
• Retrenchment cover pays the instalment on your loan if you are retrenched or made redundant.
• Premium waiver cover - we will pay your vehicle credit life premium for each month you receive a payment from us for your retrenchment or temporary disability claim.

Documents | Frequently Asked Questions