VDP Content

What is VDP?

• Vehicle Debt Protrector

• Vehicle Debt Protractor

• Vehicle Debit Protection

• Vehicle Debt Protector

Maximum indemnity

• The cover is limited to R750 000 or the outstanding balance of your vehicle finance credit agreement, whichever is the lesser amount, and excludes any early-settlement penalties, any unexpired portion of the finance charges and any refundable insurance or assurance premiums.

• The cover is limited to R750 000 or the outstanding balance of your vehicle finance credit agreement, whichever is the lesser amount, and includes any early-settlement penalties, any unexpired portion of the finance charges and any refundable insurance or assurance premiums.

Who is liable for validating client Comprehensive Vehicle insurance?

• MFC

• Nedbank Insurance

• Broker

• Client

The policy provides cover for?

• Storm and hail damage.

• An accident.

• Theft.

• All of the above.

When is a vehicle considered damaged beyond economical repair?

• When the assessed cost of repairs exceeds 50% of the vehicle’s retail value as shown in the TransUnion Auto Dealers’ Guide in the month of the date of loss.

• When the assessed cost of repairs exceeds 70% of the vehicle’s retail value as shown in the TransUnion Auto Dealers’ Guide in the month of the date of loss.

True or False: Vehicle Debt Protector provides cover for vehicles being used for private, professional and business purposes.

• True

• False

Does the policy cover third party liability?

• YES

• NO

Policy provides cover when you are in which countries?

• South Africa

• South Africa, Namibia, Lesotho, Botswana, Eswatini, Zimbabwe, Zambia, Malawi and Mozambique.

Towing and Storage limit

• R4500

• R5000

How confident are you with your answers?

• Is not make sure

• I won

• Bring it on!

•