This is sometimes
called the first amount payable, and is the portion of the claim
you must pay since it is not covered by the insurance policy.
there's 3 types of excesses:
is the basic excess of the specific section of the policy under
which you want to claim.
some cases additional excesses might apply. The additional
excess would be in addition to the basic excess. An example
of an additional excess would be where the driver is under the age
of 25 years, and the policy stipulates an additional excess of R1
000 for drivers under the age of 25.
a policy holder you have the choice to increase your excess in
order to pay a lower insurance premium. The voluntary excess
would be in addition to both the standard excess and the
additional excesses of the policy.
Personal Legal Liability
Extended Personal Legal Liability
Value of Vehicles