So, while it may be your ticket to freedom, your vehicle can also weigh you down should you no longer be able to meet your monthly financial commitments.

Should you pass away, be retrenched, become very ill or disabled and as a result not in a position to earn an income, our Vehicle Finance Credit Life Insurance will make sure your vehicle repayments are covered so that you and your family can continue to enjoy the benefit of the vehicle.

Depending on the cover taken, the following benefit can be available to you:

• Death, disability or retrenchment benefit up to N$1,5 million to help pay off your outstanding vehicle debt in the event of you becoming financially incapacitated.
• An optional Retrenchment Benefit of either six or twelve months. This will cover your monthly instalment under the benefit option for the chosen period.

Vehicle Finance Credit Life Insurance is underwritten by NedNamibia Life Assurance Company limited, a division of NedNamibia Holdings Company Limited, who specialises in designing simple insurance products, aimed at the consumer.

With Vehicle Finance Credit Life Insurance from Nedbank, you’ll know that your vehicle is safely yours should anything happen to you or your circumstances should change.

Is Nedbank's Vehicle Finance Credit Life Insurance right for me?

To assess whether this product is right for you and the needs of your family, ask yourself the following simple questions:

• Am I currently paying off a vehicle financed through a financial institution? and.
• My family and I depend on our vehicle and I want to make sure we can keep it should something happen to me.
  

If you answered YES to the questions above, contact NedNamibia Life Assurance Company on 081 959 2503  for further assistance and guidance.