In the event of death, dread disease or permanent disability, your loan insurance will cover the full outstanding balance on your vehicle or other movable assets.

  • Features and benefits

    • Get limited term insurance cover with the option to convert to a whole life policy.
    • Multiple lives may be insured.
    • No need for a medical examination.
    • Receive immediate cover from the date the policy is effective.
    • No need to account for the debt settlement during estate planning.
    • Monthly premiums do not change during the term of cover.

  • Our credit protection options

    Plan A
    • Benefit cover: death
    • Minimum entry age: 18 years
    • Maximum entry age: 60 years
    • Term: maximum 84 months
    • Maximum sum assured: R1 million
    Plan B
    • Benefit cover: death and disability
    • Minimum entry age: 18 years
    • Maximum entry age: 60 years
    • Term: maximum 84 months
    • Maximum sum assured: R1 million
    Plan C
    • Benefit cover: death, disability and dread disease
    • Minimum entry age: 18 years
    • Maximum entry age: 60 years
    • Term: maximum 84 months
    • Maximum sum assured: R1 million
    Plan D
    • Benefit cover: death, disability, dread disease and retrenchment
    • Minimum entry age: 18 years
    • Maximum entry age: 60 years
    • Term: maximum 84 months
    • Maximum sum assured: R1 million
    Platinum Protection
    • Benefit cover: death, disability, retrenchment and accidental death
    • Minimum entry age: 18 years
    • Maximum entry age: 60 years
    • Term: maximum 84 months
    • Maximum sum assured: R750 000
    Taxi
    • Benefit cover: death, disability and dread disease
    • Minimum entry age: 18 years
    • Maximum entry age: 60 years
    • Term: maximum 84 months
    • Maximum sum assured: R500 000

  • How to apply

    Where to apply
    • Visit any of our branches.
    • Apply at any Absa-approved vehicle dealership when you enter into a moveable asset finance agreement.
    Documents needed
    • South African ID document or ID card.

Need more help?

Let one of our consultants assist you.

Call us on:

08600 08600

Visit your nearest branch