Personal Debt Protector
This is essentially a DEBT cover or a “payment protection plan”.
Risks Cover Include:
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Death
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Total Permanent Disability
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Temporary Disability
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Dreaded Disease
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Retrenchment
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Redundancy
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Second Life
In the event of a covered risk, it:
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leaves the family financially secure and mobile
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protects savings, your savings may have to be accessed to settle the debt or take over payments
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Protects the vehicle from repossession
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protects your credit rating
Credit Shortfall
Covers the difference owing to the bank after an insurance total-loss pay-out.
There are times when you may require additional cover which is not ordinarily included in your standard insurance policy. Far too often the total loss of a vehicle leaves you considerably out of pocket. Market values and amounts owed to the bank are seldom equal. This option is designed to settle this shortfall.
For example, if your vehicle cost N$ 150 000 and is written off or stolen, and you still owe N$ 135 000, your comprehensive insurance may pay only N$ 110 000. You will be expected to settle the N$25 000 shortfall. This cover pays the shortfall.
Deposit Protector
When you have paid a deposit on a vehicle, this option has a deposit protector available that will cover you for an amount not exceeding 10% of market value (at time of total loss) or exceeding the actual original deposit paid, to a maximum of N$ 50 000.
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Calculated on principal debt.
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Limited to N$ 500 000 (without authorisation)
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Pro-rata refund of premiums applicable
Extended Warranty
A warranty covers the cost of a repair or replacement of “parts covered” (and labour) as a result of mechanical breakdown / failure (not wear & tear).
Spes Bona offers a New Vehicle Extended Warranty and a Pre-owned Vehicle Extended Warranty.
Extended Service / Maintenance Plan
Extended service and/or maintenance beyond what is initially provided (built in).
Applicable to both new and pre-owned vehicles. (A “new” vehicle is less than 2 years old or has travelled less than than 35 000 km.) This is an inflation beating, risk free and cost effective method of paying for the vehicle’s upkeep. Where there is a manufacturer’s maintenance plan, Spes Bona offers a top-up plan to compliment the factory plan. The plan allows for all standard servicing and maintenance as per the manufacturer’s specifications. You may even elect to add tyre replacement, which allows up to three sets of tyres for the duration of the contract.
The benefits to you, the owner, are:
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Total peace of mind motoring
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Up-to-date servicing and maintenance records
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Increased resale / trade-in value
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Vehicle reliability
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No unforseen or surprise service and maintenance costs
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The plan is transferable from owner to owner
Auto Armor
Even today’s high-tech advancements in quality of materials are not immune to the natural and man-made environmental hazards a vehicle must combat everywhere, every day. These hazards can deteriorate a vehicle’s appearance both outside and inside. This could mean costly repairs or ultimately a substantial reduction in trade-in or resale value.
Auto Armor 3-in-1 Environmental Protection
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Paint Shield
Prevents oxidation; minimises effects of industrial fallout, acid rain and pollution, as well as ultra violet rays, bird droppings and tree resin; inhibits surface rust and sheds dirt easily.
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Leather Fabric Shield
Resistance to everyday stains like coffee, ice-cream, mud etc; repels spillages by beading up for blotting away; retension of colour and texture; promotes longer life. Free application of leather renewer after 6 months. 50% discount off 4 re-applications of leather renewer.
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Retain-a-car
Computer coded registration; free etching of replaced screens or glass; assistance with accommodation & vehicle hire, towing costs and excess; re-application of 3-in-1, etc.
Auto Shield
Safety film for windows. A glass toughening shield providing protection against attempted smash-&-grab / hi-jack, sun/night glare, UVA/UVB damage and temperature control.
VPS
VPS is a high performance removable transparent urethane film from 3M specifically designed to protect paint surface in high-wear areas from stone chips, insects, surface scratching and most types of environmental damages.
In our continued effort to enhance your vehicle purchasing experience, SPES BONA MOTORS is proud to introduce a new concept to you, our valued client.
You no longer need to spend endless hours arranging your vehicle finance yourself - we will do it for you! A dedicated department has been established to oversee all your financing arrangements, along with additional options on offer, to increase the value of your asset.
We look forward to assisting you and welcome any queries you may have.
