Vehicle and Asset Finance Protection Plan (VAFPP SME)

Vehicle and Asset Finance Protection Plan (VAFPP SME) is a credit life policy designed to cover Standard Bank customers with vehicle and asset finance credit agreements, in the event of death, temporary disability, total and permanent disability and dread disease. You get different benefits from this policy depending on the type of plan you select.

Click here to download the full VAFPP SME Product Summary

Target Market

New and existing vehicle and asset finance account holders without Vehicle and Asset Finance Protection Plan (VAFPP SME)

  • Highlights

    Qualifying Criteria

    • No medical examination required
    • Entry age is between 18 and 64 years next birthday

    Maximum Cover Allowed

    • The vehicle and asset finance benefit is up to a maximum of R1, 000, 000.
    • The highest cover for each insured person is R1 000 000
    • Retrenchment is not covered on this policy
  • Related Products

  • Contact Us

    Tel : 0860 123 555

    In the event of a claim, proceeds will be paid directly into the customer's vehicle and asset finance loan to settle the outstanding loan amount excluding arrears and unearned finance charges.

    To claim a benefit on your policy please contact Standard Bank for the necessary documents or telephone the claims line on 0860 123 555

  • Show Me More

    • Underwriters
    • This policy is underwritten by Liberty Group.
    • Standard Bank of South Africa Limited, Registration number 1962/00738/06, owns this policy.

    Additional Resources

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