In the event that your vehicle is written off or stolen (total loss), this policy will pay out the original purchase price as noted on the original invoice of the vehicle.
About Return to Invoice
A new vehicle typically depreciates up to 25% in the first year and up to a further 12% in years two and three. This means your car can be worth half its original value by the time it is just three years old. If your vehicle is hijacked, stolen and not recovered, or written off during the period of insurance, this policy protects you from the effects of such deprecation.
This policy will pay the difference between your car’s original purchase price and its market value at the date of loss if it is hijacked, stolen and not recovered, or written off during the period of insurance.
This standalone, independent policy may be purchased in addition to a Volkswagen Comprehensive Insurance policy.
Terms and conditions apply
1. Volkswagen Financial Services Return to Invoice Cover is provided by Volkswagen Financial Services South Africa (Pty)Ltd (Reg. No. 2013/133698/07),(VAT No. 4760263576), an authorised Financial Services Provider (FSP: 44827) and Credit Provider (NCRCP No.: 6635), and underwritten by The Hollard Insurance Company Limited, an authorised financial services provider(FSP:17697), (Reg. No. 1952/003004/06).
2. Please note that this is not the policy wording. Please read the policy wording for the full benefits, as well as the comprehensive terms and conditions of this cover.