Page 112 - Hollard - Private Portfolio Policy Wording

Motor
Liability to third par es
Pay-outs are always limited
When you claim for liability to third par es, your pay-out will always be limited to a speci c 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 se lement, or if we decide that it is the best way to nalise a claim.
We may pay you the full limit or any lesser amount for which the claim may be se led to nalise a claim.
All pay-outs are made in South Africa, in local currency.
Accident, death, damage
We will pay for your legal liability towards a third party if your vehicle is involved in an event that causes:
○ bodily injury to any person, or the accidental death of that person
○ damage to property
○ re or explosion.
Other people using your vehicle
If someone else is driving your vehicle with your permission, they too will be covered for liability as described above, provided that they:
○ have never, to your knowledge, been refused insurance
○ are not en tled to compensa on under any other policy
○ comply with the terms of this policy.
Using a vehicle that does not belong to you
We will pay for legal liability if you use a vehicle that does not belong to you, provided that:
○ you are the driver at the me of the incident
○ the vehicle is a private car or light delivery vehicle
○ you do not own the vehicle, it is not leased to you, and you are not purchasing it in terms of a credit agreement
○ loss or damage to the vehicle is excluded.
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Hollard Private Por olio