If you have an accident or your car is stolen, there are often ‘hidden’ costs involved that you may not have considered. For example, you may have to hire a car if yours has to be repaired… or pay to stay in a hotel overnight if you have an accident in another part of the country.
Enjoy some extra financial back-up.
iWYZE offers a number of optional benefits you can add to your policy. If you choose any of these optional benefits, they will reflect on your Policy Schedule.
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Comprehensive |
Third Party,
Fire & Theft |
Third Party Only |
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Car Hire Benefit
Regardless of whether your vehicle is still financed or not, if it is stolen or damaged and you can’t drive it while it is being repaired, iWYZE will pay for your actual car hire charges on an unlimited kilometre basis. |
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Named Driver Benefit
You can reduce your premium by limiting the number of people who are allowed to drive your vehicle to two drivers (who will be named in your Policy Schedule). Please note that if anyone other than the two specified individuals drives your vehicle, any loss or damage will not be covered. |
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Credit Shortfall Benefit
If your vehicle is stolen or if it is damaged and declared uneconomical to repair, and if you have a valid claim for the loss under your policy, iWYZE will pay the registered finance company involved any difference between the insured value of your vehicle and the amount still owing on your credit agreement. |
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Additional Benefits Package
The following benefits are available as a package and the compensation per benefit will be limited to the amount shown in your Policy Schedule.
Medical Expenses Benefit
If any passenger in your vehicle is injured as a direct result of loss or damage to the vehicle, iWYZE will compensate you for any emergency medical expenses you have actually paid for each injured passenger.
Trauma Benefit
If you, or any member of your household, are the victim of violent theft, attempted theft, armed robbery or hijacking for which professional counselling is needed; iWYZE will pay for these services.
Keys & Locks Benefit
iWYZE will compensate you for costs incurred as a direct result of any keys, remotes, keycards and locks for your motor vehicle being lost or damaged.
Emergency Hotel Expenses Benefit
In the event that your vehicle is lost or damaged, iWYZE will pay emergency hotel expenses for you and one passenger for a maximum of 2 days, provided the accident happened more than 250km away from your home. |
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Find out more about:
iWYZE is underwritten by Mutual & Federal Insurance Company Limited, a member of the Old Mutual group. Mutual & Federal and Old Mutual are Licensed Financial Services Providers.