What is Adcover?

Adcover takes care of the shortfall between your comprehensive car insurance pay out
and the settlement amount owed to the finance house (bank) according to your  finance agreement if your car is stolen, hijacked or written off.

get an adcover quote
Watch Video
benefits background image

How do I benefit?

Affordable monthly payment options
  • .No large unexpected excess
  • .Personal accident benefits
  • .Comprehensive car insurance excess provision
  • .Provision for credit shortfall
  • .Safe car towing and storage

Is this policy for me?

Hijackings, accidents and theft happen, especially if you often travel through high risk areas. You never know when you might be a victim of crime.

When the unfortunate happens, Adcover will make sure you don’t pull on the short end of the straw.

This policy will settle the shortfall between what your comprehensive car insurance pays out and the debt you still owe to the finance house (bank) in order to pay off your car. We will not pay more than R500 000. 

This policy has your shortfall sorted.

download product guide

Is this policy not what you’re looking for?

What is provided for?

Credit shortfall

This refers to the shortfall amount between your debt to the Finance house (bank) and the amount paid by your motor comprehensive insurer for a total loss claim.
If the amount paid by your motor insurer is less than the market value of the car, we will pay the difference between the market value and the outstanding debt due at the date of the loss.

Maximum of R500,000

Excess contribution

Where we have agreed to settle your shortfall claim, we will also contribute towards the excess under your motor comprehensive insurance policy for which you are responsible for, up to a maximum of R6 000

Maximum of R6,000

Personal Accident Benefit

In the event of your accidental death or permanent total disability caused directly by an accident involving the car noted in the schedule, we will pay up to a maximum benefit of R20 000.

Towing and storage costs

We will pay up to a maximum of R2,500

Violation cover

If your comprehensive motor insurer rejects your claim due to your unintentional failure to comply with a policy condition, we will pay for the reasonable repair costs. We will pay the market value or the sum insured shown in the schedule, whichever is less.

If the car is beyond economical repair or is stolen or hijacked and not recovered within 30 days, we will pay the market value or the sum insured shown in the schedule, whichever is less.

Show all

Payment options

You have the following option to pay for an Adcover Policy:

  • Monthly

You can purchase Adcover via our national call-centre or through approved dealerships (upfront only).

get an adcover quote
Frequently asked questions
What is an Adcover Policy?

An Adcover Policy takes care of the shortfall between your comprehensive car insurance  pay out and the settlement amount owed to the finance house according to your finance agreement at the time of a total loss .

How do I know if I can get an Adcover Policy?

Your car qualifies for an Adcover Policy if:

  • It’s still financed through a finance house

  • It has an active motor comprehensive policy covering the car

How can I buy an Adcover Policy?

You have the following option to pay for an Adcover Policy:

  • Monthly

You can purchase Adcover via our national call-centre or through approved dealerships