To give our clients flexibility on the excess payable on their Discovery Business Insurance vehicle cover, we enable them to waive their basic excess for specific claims under this cover.
Clients will be able to waive the basic excess for specific claims under the Motor section. This means they will not pay a first amount or basic excess on incurred claims under the Motor section for own damage and/or theft and hijacking.
Clients can request to have their basic excess waived for the following types of claims only:
- Own damage claims
- Claims for theft and hijacking
Requests for this benefit must be sent to Discovery Business Insurance’s regional servicing channels. We will review these requests on a case-by-case basis for quoting and approval.
To have access to this benefit, clients must meet the qualifying criteria. Read the motor excess waiver information document for more details.