Credit Shortfall

Credit Shortfall
Also referred to as gap insurance or top up insurance, credit shortfall insurance covers the difference (up to R50 000) between your vehicle’s retail value and what you owe the bank at the time of your loss.
Also referred to as gap insurance or top up insurance, credit shortfall insurance covers the difference (up to R50 000) between your vehicle’s retail value and what you owe the bank at the time of your loss.