WHAT IS PAY-AS-YOU-GO?This is short term insurance cover. Insurance cover is issued for a period commensurate to the amount of money (premium) a client is able to pay. This offers the client the benefit of having full cover for any period of time (limited to minimum period of 3 month)
HOW DOES IT WORK?This is a Motor insurance payment method that calculates payable premium based on the period of cover opted for. This pricing mechanism means that insurance premiums are based on the period of insurance cover to be taken. The client can extend the insurance cover by paying additional premium. Once the period is exceeded without cover being extended, cover expires
WHAT IS DDAC?
DDAC is a payment option that provides clients with an option of paying insurance premium in monthly installments directly from the clients bank account.
HOW DOES IT WORK
Simply sign up at any of our branches. Pay a deposit for the insurance to be purchased and request for the balance to be placed on DDAC. The balance will be divided into affordable monthly installments.
It is secure, convenient and there are no bank charges.