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Motorvaps (Pty) Ltd

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FSP No.: 45790
Tel: 086 117 6225
Address:
Suite 201
Tokai Village Centre
Vans Road
Tokai
Cape Town
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Motorvaps is an Underwriting Manager registered with Mutual and Federal Risk Financing Limited to provide underwriting, administration and claims services on Motor Warranty products sold by approved Motor Dealers and Brokers.

Motorvaps also provide Service and Maintenance plans, Body Maintenance, Interior Maintenance, The Complete Car Cosmetic Plan and Roadside Assistance. These products are non-insurance products and can be sourced directly from Motorvaps or from one of our approved Dealers or Brokers.

Our Policies are underwritten by Mutual and Federal Risk Financing Limited. Mutual and Federal are the oldest short term insurer in South Africa with a history that dates back more than 180 years. Mutual and Federal are part of the Old Mutual plc group listed on the JSE and LSE. Also included in the Old Mutual Group plc are Nedbank, Motor Finance Company (MFC) and Old Mutual, to name a few.

Mutual and Federal proudly trades with the Global AA+ rating from international rating agency Fitch.

Visit us at www.motorvaps.co.za for more information.

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From The Glossary »

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Terminal Bonus:

A bonus declared in respect of policies on which a claim has been made or which are approaching maturity. The bonus, in fact, represents a distribution to policyholders, who will be making a claim on their policies, of part of the unrealised capital appreciation of the company’s property and investment portfolios.
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