To All Our Valued Discovery Clients
RE: POLICY ADJUSTMENTS
Due to the high incidences of claims during the last year, the following adjustments to Vitality Drive Fees and Excesses will take place with effect from 1 September 2022.
Please see below the explanation from Discovery regarding these changes:
Vitality Drive fee adjustments
The following fee adjustments will start on new business quotes from 1 September 2022 and at plan anniversary from 1 October 2022 for existing clients.
The monthly Vitality Drive fee will increase by R7.50 across all plans for each primary driver. This means that:
- The Essential Plan fee will change from R68 to R75.50
- The Classic and Purple Plan fee will go from R85 to R92.50.
The stolen-vehicle recovery (SVR) fee will increase by R16 a month (from R99 to R115), including VAT.
Excess adjustments
The following excess adjustments will start on 1 September 2022 for all clients:
- The motor vehicle basic excess will increase by R1,000
- Windscreen and window glass replacement excess will increase by R250
- Buildings basic excess (excluding power surge) will increase by R500
- Buildings power surge excess will increase by R1,250
- Household contents basic excess (excluding accidental damage and power surge) will increase by R500
- Household contents power surge and accidental damage excess will increase by R1,250
- Portable possessions basic excess (including pedal cycles) will increase by R250
The no-excess benefit will continue to apply for those who have chosen a R0 excess, those aged 55 years or older, and for weather- and theft-related claims on Classic and Purple Plans. Remember that this includes theft, attempted theft, hijacking, fire, lightning, explosion, storm, water, hail, snow, flood, earthquake and malicious damage.
Kind regards