iWYZE offers Credit Shortfall Cover as an optional benefit you can add to your policy. If your motorcycle is financed and 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 the difference between the insured value of your vehicle and the amount still owing on your credit agreement.
Please Note: Should you wish to purchase Credit Shortfall Cover, the selected Insured Value Type for your Motorcycle needs to be Retail Value.
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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.