Motor-Gap

Motor Gap

Shortfall

Motor Gap is a product of EQUA Underwriting Managers (Pty) Ltd, an authorised financial services provider FSP No: 49595

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Motor Gap

Shortfall

Insure your potential shortfall for the difference of what your insurer pays and what you paid for your vehicle in the event of a total loss.

What is Value Shortfall

Insure your potential shortfall for the difference of what your insurer pays and what you paid for your vehicle in the event of a total loss.If your vehicle is written off or stolen, Motor Gap Value Shortfall covers:

1. The amount that you may still owe the financier after your primary insurer paid out the market/retail value of your vehicle or,
2. The difference between what your insurer paid on market / retail value and what you actually paid for your vehicle.

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