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The terms, conditions (Ts & Cs) and limits as set out below apply. iWYZE understands how important your privacy is and will protect your personal information. By providing your email or mobile phone details you agree that we may contact you regarding this quote. Please note that some of our advisors work under supervision.

OUR R1 750 OFFER

How does the R1 750 quote comparison offer work?

  • iWYZE will pay you R1 750 in cash when:
    • you complete a car insurance quote with us and our quote – based on a like-for-like comparison (as defined under the General section of these Terms & Conditions) between your current insurance product against the iWYZE product and upon review of your submitted documentation – is more expensive than the premium you are paying for your car insurance with your current insurer; and
    • you do not accept any of our cover quoted.
  • You must obtain a quote for all cars on a policy schedule and all cars quoted on must be supported by a policy schedule.
  • This offer will be available for quotes from 03 August 2020.

What are the qualifying criteria for the R1 750 offer?

  • You must be an active policyholder with another short-term insurer other than Old Mutual Insure.
  • The policyholder must have had uninterrupted insurance cover without any vehicle claims (including any accidents, incidents or losses whether claimed for or not) with the same insurer in the last 36 months.
  • The regular driver of the car must have had continuous car insurance for at least the past 36 months.

How to participate in the campaign for the R1 750 offer?

  1. Contact iWYZE on 0860 93 94 93 for a personal car insurance quote if your car is currently insured by an insurer, other than Old Mutual Insure, that sells insurance to the public.
  2. We will request you to share your current short-term insurance policy schedule with us when:
    • we quote a higher premium than what you are currently paying;
    • you are insured for the last three years (without a break in cover) with the same insurer; and
    • you have had no vehicle claims (including any accidents, incidents or losses whether claimed for or not) during this period.
  3. Submit the following documents in its original PDF format via email to compare@iwyze.co.za :
    • your current policy schedule (not older than 30 days) within 30 days of receiving the quote from us; and
    • a claims history letter (not older than two days from the date of submission and reflecting any accidents, incidents or losses whether claimed for or not)
  4. Allow five to seven working days for the review of your supporting documentation and the outcome on our decision.


OUR R505 OFFER

How does the R505 quote comparison offer work?

  • iWYZE will pay you R505 in cash when:
    • you complete a car insurance quote with us and our quote – based on a like-for-like comparison (as defined under the General section of these Terms & Conditions) between your current insurance product against the iWYZE product and upon review of your submitted documentation – is more expensive than the premium you are paying for your car insurance with your current insurer; and
    • you do not accept any of our cover quoted.
  • You must obtain a quote for all cars on a policy schedule and all cars quoted on must be supported by a policy schedule
  • This offer will be available for quotes from 03 August 2020.

What are the qualifying criteria for the R505 offer?

  • You must be an active policyholder with another short-term insurer other than Old Mutual Insure.
  • The policyholder must have had uninterrupted insurance cover without any vehicle claims (including any accidents, incidents or losses whether claimed for or not) with the same insurer in the last 12 months.

How to participate in the campaign for the R505 offer?

  1. Contact iWYZE on 0860 93 94 93 for a personal car insurance quote if your car is currently insured by an insurer, other than Old Mutual Insure, that sells insurance to the public.
  2. We will request you to share your current short-term insurance policy schedule with us when:
    • we quote a higher premium than what you are currently paying;
    • you are currently insured for the last 12 months (without a break in cover) by the same insurer; and
    • you have had no vehicle claims (including any accidents, incidents or losses whether claimed for or not) during this period.
  3. Submit the following documents in its original PDF format via email compare@iwyze.co.za
    • your current policy schedule (not older than 30 days) within 30 days of receiving the quote from us; and
    • a claims history letter (not older than two days from the date of submission and reflecting any accidents, incidents or losses whether claimed for or not).
  4. Allow five to seven working days for the review of your supporting documentation and the outcome on our decision.

  5. GENERAL

    What does a ‘like-for-like’ comparison mean?

    • It means the following are the same:
      • material underwriting information (including but not limited to the following risk information specific to a customer):
        • policyholder and/or regular driver’s personal information
        • vehicle make and model
        • incident history
        • sum insured
        • security features
        • risk address
        • use of vehicle
      • claim excess amount(s); and
      • cover selected, including additional and/or optional cover e.g. car hire, credit shortfall, specified accessories, SASRIA etc. but excluding cashback benefits.
    • Our comparison will include all payments made to brokers.
    • Participation in this campaign is subject to the product and underwriting specifications of the iWYZE product.

Who does not qualify for these pay-outs?

  • Any existing iWYZE customer who already holds a short-term insurance policy underwritten by Old Mutual Insure group, including iWYZE and its affiliated brands.
  • Any person who requests a car insurance quote for business use or business insurance.
  • Any person who has already received a payment for a quote comparison in the last 12 months.
  • Any policyholder of a policy where the regular driver of the car being quoted has had a vehicle claim (including any accidents, incidents or losses whether claimed for or not) since his/her last renewal.
  • Any person who has had a policy cancelled by iWYZE in the last 12 months.
  • Any person who is deemed an unacceptable risk as determined by our underwriting criteria.
  • iWYZE will not make more than one payment to any person who completes multiple individual quotes on the same or on separate cars for which our premium is more expensive than the current insurance premium.
  • iWYZE will try to match/better your premium, based on a like-for-like comparison against our product as described above, however, we reserve the right to decline payment if the product offering is materially different.

What happens if my premium cannot be matched or bettered?

  • We will compare your insurance premium as per your current policy schedule on a  like-for-like basis, as defined under the General section of these Terms & Conditions, against our product and its underwriting specifications to try and match/better your premium. If the iWYZE quote is more expensive we will request your banking details and make payments to your bank account within five to seven working days from the date of the final decision made.