Short Term Insurance

COVID-19: Momentum Vehicle Insurance Premium Rebate

We realise that our clients are less exposed to vehicle accident risks during the national lockdown as a result of the Covid-19 pandemic and have therefore implemented additional measures to provide you with financial relief in very challenging circumstances. 

In light of this we will be adding an additional relief measure in the form of an automatic 10% premium rebate to you on your vehicle insurance premiums that are due in May and June 2020. We acknowledge that the lockdown would mean a decrease in vehicle claims and that we are likely to see a staggered approach for people returning to work post lockdown, which may also impact claims frequency. 

The rebate will automatically be applied to all vehicle insurance premiums, which includes fleets and motorcycles. No intervention is required from you to activate this benefit. For more information on how the rebate would work and answers to questions we’ve received on our previously communicated ‘premium and cover pause’ option available, please click here.

In addition to the above rebate, we have a number of additional financial relief options available to you, click here for more information.

We are stronger together.