Page 109 - Hollard - Private Portfolio Policy Wording

Motor
Check your security/tracking device
If a security or tracking device is a requirement and/or the sum insured of your vehicle is in excess of the limit stated in the Schedule, you must be able to prove to us in the event of a claim that the tracking device required by us:
○ was already installed at the me of the incident, and was ac vated and working
○ is an early-warning system type and not of dormant nature
○ is self-tes ng, or had been tested in the last 6 months.
You must also be able to show us that you immediately reported any the or hijacking to the tracking company, and that your contract was ac ve and paid up.
Check your Schedule now to see whether a security or tracking device is a requirement.
Dormant versus early-warning tracking devices
A dormant tracking device is not ac vated un l you ask the tracking company to ac vate it.
An early-warning tracking device, on the other hand, ac vates itself (for example, by sensing the mo on of the vehicle) and is able to automa cally alert the tracking company.
We require you to have an early-warning tracking device installed.
You must have a valid driver’s licence
In the event of a claim, you must be able to show us that you had a valid driver’s or learner’s licence at the me. For the learner’s licence, you must be able to show that you were accompanied by a licensed driver. This also applies to any person who may drive your vehicle with your consent.
No fy us of certain tra c o ences
You must no fy us if any of the following occurs:
○ you have had your driver’s licence endorsed, suspended or cancelled
○ you have been charged or convicted of reckless or negligent driving
○ you have been charged for driving under the in uence
○ you have been charged for driving while your blood alcohol concentra on exceeded the legal limit
○ you have failed a breathalyser test.
This also applies to any person who may have been driving your vehicle at the me with your permission.
How much we pay
Repairing or replacing your vehicle
We will not pay more than the sum insured stated in the Schedule.
Do we x the vehicle or get you a new one?
Once we have assessed your damaged vehicle, we may repair it if it makes economic sense – or we may replace it.
Hollard Private Por olio 107