PinnAfrica was the first company in South Africa to offer the Return to Invoice Product, and are now the first to offer the Return to Value (RTV) product.
Return to Value is a product that covers depreciation related to your vehicle. In the event of the total loss of the vehicle (by theft or write off), RTV will pay the difference, less any excess, between the market value (paid out by the underlying insurer) and the retail value as determined by the Transunion Vehicle Dealers’ Guide at date of purchase of the policy or the new list price as stated by the vehicle manufacturer.
RTV can be purchased for new or used cars, at any stage of the vehicles life span up to a maximum age of 15 years, and can be purchased by both credit and cash buyers (for the first time giving cash buyers the opportunity of recovering the depreciation value of their vehicle in the event of a total loss).
