Mercedes-Benz South Africa

Comprehensive Insurance
Asset Protection
Total Loss Excess Reducer
Own Damage Excess Reducer
Downtime Cover
Deposit Protection
Shortfall (Gap) Protection

Mercedes-Benz

Shortfall (Gap) Protection

In the event of a valid theft, hijacking or write-off claim, your Comprehensive Insurer will either pay out market or retail value of your vehicle, subject to your underlying comprehensive insurance policy. However, it often happens that the outstanding balance on your finance agreement is far greater than the insurance payout. Our Shortfall Protection covers this gap.