Car Cash Plan

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Only pay for the cover you need.

Theft, hi-jacking and write-offs are some of the biggest costs when it comes to car insurance. The AIG Car Cash Plan is a simple plan that covers you for the events that are the most costly with none of the frills and extras that full comprehensive insurance normally has (like dents and scratches, which are not included). With this plan you could save up to 66% on your car insurance premium, simply because it is not a comprehensive plan.

The AIG Car Cash Plan is designed to provide cash directly to you, if your car is stolen or hi-jacked. If your car is financed, we will settle the outstanding balance (up to the current market value of the vehicle) and the rest will be paid to you. For theft or write-off, AIG will pay you the current market value of your car at the time of the event, allowing you to replace it quickly so that you don’t spend months struggling without transport. There is a flat excess of only R2000, no matter what the value of your vehicle is.  

Optional third party property liability cover of up to R2,5 million is also available from an additional R45 per month if you buy take it with Car Cash Plan.  

This summary represents highlights of the AIG Car Cash Plan. Please refer to the policy wording for exact terms and conditions.



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