Page 140 - Hollard Private Portfolio

Motor
– any government-imposed duties, customs, charges or stamps
– if the vehicle is a write-off and you do not bring it back to South Africa, we will deduct the value of the salvage from your pay-out. The value of the salvage will be the amount we would have received for it in South Africa. You will remain the owner of the salvage and be responsible for complying with any local government requirements2.
Liability to third parties
Pay-outs are always limited
When you claim for liability to third parties, the pay-out will always be limited to a specific amount in any 12-month period. These amounts are stated in the Schedule.
However, note that we may in some instances pay out less than the limit, if we decide that it represents a fair settlement, or if we decide that it is the best way to finalise a claim.
We may pay the full limit or any lesser amount for which the claim may be settled to finalise a claim.
All pay-outs are made in South Africa, in local currency.
Causes of legal liability
We will pay for your legal liability towards a third party if your vehicle is involved in an accident that causes:
○ damage to another person's property
○ death or bodily injury to another person (including passengers of the insured vehicle). If the accident happens in South Africa then we will only provide cover after the person has claimed from the Road Accident Fund, and the fund was financially unable to pay any compensation. If the accident happens outside of South Africa, and there is legislation in that country which provides similar cover to the Road Accident Fund in South Africa, then we will only provide cover if that fund was financially unable to pay any compensation.
○ secondary emotional shock to another person who is not directly involved in the accident.
What is "emotional shock"?
It is a psychological injury or illness, or an injury or illness of the mind. Emotional shock must be serious enough to be a life changing condition that requires extensive medical treatment. Secondary emotional shock refers to instances where a person is not directly involved in the accident, but either witnessed or heard of the accident.
Example: Secondary emotional shock can occur if a mother hears of the death of her child in a serious accident.
2 Please note that when you cross the border into the neighbouring country, you usually sign an agreement on the temporary import permit stating that you will remove the car from that country when returning to South Africa.
138 Hollard Private Portfolio – Version 3.0.0 – 20 April 2020