Discovery Insure Policy Adjustments

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

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