Page 119 - Policy Wording - Hollard Prestige Portfolio

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Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 8 – Motor vehicle
○ Liability to third parties means legal liability for amounts which you become legally liable to pay due to an
occurrence involving the insured motor vehicle, including the towing, loading and unloading. Legal liability is
limited:
– to the amount stated in the schedule in the case of drivers under the age of 25 years
– to the amount stated in the schedule in the case of motorcycles and golf carts.
○ Liability if another person drives or uses the insured vehicle means legal liability for amounts you become legally
liable to pay if another person drives your motor vehicle with your consent, provided that they:
– have never, to your knowledge, been refused insurance
– are not entitled to compensation under any other policy
– comply with the terms of this policy.
○ Liability if you drive or use any other vehicle means legal liability for amounts that you become legally liable to
pay, due to an occurrence while driving or using any other vehicle. Damage to the other vehicle you are driving is
covered only if:
– the vehicle is the same type as the insured motor vehicle
– you are the driver at the time 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 of damage to the vehicle is excluded.
○ We will pay up to the limit stated in the schedule if your motor vehicle is towing a caravan or trailer and loss or
damage is caused to another person’s property as a result of:
– the actions of your caravan or trailer
– your caravan or trailer running out of control after separating from your car while your car is moving
– another vehicle colliding with or trying to avoid colliding with:
•
property falling from your caravan or trailer while it is being towed by your vehicle
•
property being loaded or unloaded from your caravan or trailer attached to your vehicle.
Your obligations
In the event of an incident you must not admit fault or make any offer, deal or payment, unless you have our prior
written agreement.