Page 105 - Sectional Title Policy Wording

Motor
It is understood that for the purpose of Specific Exception 1, if You are a company or close corporation, the term You shall include any director or senior manager of such company or close corporation.
2. Hollard will not be liable for any claim arising from contractual liability, unless such liability would have attached to the Insured notwithstanding such contractual agreement.
SPECIFIC CONDITION Driver's licence
A valid driver’s licence is a licence that has not been cancelled, suspended or revoked.
If, during the currency of this Section, any driver's licence in Your favour or Your authorised driver is endorsed, suspended, cancelled or revoked, or if he or they shall be charged or convicted of negligent, reckless or improper driving, notification shall be sent in writing to Hollard immediately when You have knowledge of such fact.
Vehicle security/immobiliser
1. If Hollard specifies that a particular type of security system must be installed to any insured vehicle stated in the Schedule of this Section, for You to qualify for theft cover in terms of this Policy or if You receives a security discount on any Insured vehicle stated in the Schedule of this Section, the onus rests upon You, in the event of theft of any such insured vehicle, to prove that the security system was installed, engaged and fully operational.
2. You will ensure that the service agreement with and/or recommendations made by the manufacturers and/ or installers of any such security system are adhered to at all times. This includes regular self-testing or testing otherwise.
3. Hollard will not be liable in respect of any loss or damage arising from such theft of such vehicle if You:
3.1 fail to install any required security device or to engage and/or activate it prior to the theft of the vehicle;
3.2 cancels the service agreement;
3.3 fail to pay any subscription due in terms of such agreement.
In the event that Hollard specifies that any tracking device must be installed in an insured vehicle, You must make sure that the insured vehicle is linked up to the tracking services at all times and that the insured vehicle's tracking unit is operational and armed at all times.
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