Inception Value Policy
Contact Inception Value Policy
IVP-UMA specializes in underwriting motor policies that insure vehicles against retail value depreciation on behalf of Renasa Insurance Company Limited (“Renasa”). IVP pays out the difference between the retail values at inception and at date of loss, for all vehicles of any age-financed and non-financed. This benefit increase as the vehicle depreciates. Credit shortfall is automatically included for financed vehicles.