Get back your unused premium

Get back your unused premium

If your vehicle is a total loss, and the Market Value is less than the Sum Insured, Some Insurers refund the premium you paid in this policy period, on the portion of the Sum Insured that you are not paid. Determining the true Market Value of your vehicle is a difficult thing, and we strive to be fair by using Licenced & Accredited Valuers, but at least you know Transcorp doesn’t add to the difficulty of the process by keeping premium for a cost it did not incur.