Page 115 - Policy Wording - Hollard Prestige Portfolio

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Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 8 – Motor vehicle
– The code on the driver’s licence must allow the driver to drive your vehicle, or to tow the size of load that
your vehicle is used for.
– If your vehicle is used in another country covered under this policy, the driver must have a valid driver’s
licence as required by the country in which your vehicle is used.
Vehicle security means the installation of a tracking and recovery device. You must read your policy schedule to know
what your security requirements are.
○ We may specify the type of tracking device to be installed in your vehicle, which may be an early-warning device.
An early-warning tracking device is one that can automatically alert the tracking company.
○ You will not have any theft or hijacking cover if a security device is a condition of cover noted in your policy
schedule and you do not have it installed.
○ If a tracking device is either:
– a requirement for your vehicle; OR
– not a requirement for your vehicle but you decide to get one and it is noted in your policy schedule and the
appropriate premium discount has been given then we will not pay a claim for theft or hijacking in any
of the following instances:
•
The tracking device is not of the type stipulated in your policy schedule.
•
The tracking device was not in working order at the time of the incident.
•
Your contract was not active at the time of the incident.
•
You did not comply with the conditions of that contract.
•
You did not report the theft or hijacking to the tracking company immediately after the incident.
○ Road traffic regulations means you must ensure that your motor vehicles are not used for any purpose other than
what they are specifically designed for.
○ Other important information you must adhere to:
– Keep your vehicle in a roadworthy condition (for example, replace worn-out tyres, brakes and defective
lights).
– Take all reasonable precautions to prevent theft, for example:
•
remove keys when no one is in the motor vehicle
•
lock all doors and windows when your motor vehicle is parked and unattended
•
accompany anyone test-driving your motor vehicle when it is up for sale.
– Keep your motor vehicle well maintained and in good condition (for example, fixing paint problems, major
rust, worn upholstery and unclaimed major scratches or dents).
– Service your motor vehicle as required by the manufacturer and keep records of this in case you need to
claim for mechanical damage resulting from an incident.