Page 126 - Bay Union - Prestige Policy Wording
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Payouts are always limited
When you claim for liability to third parties, your payout will always be limited to a speci c amount in any 12-month period. These amounts are stated in the LIMIT SECTION or schedule.
However, note that we may in some instances pay out less than the limit, if we decide that it represents a fair settlement, 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 settled to  nalise a claim.
All payouts 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 entitled to compensation under any other policy
○ comply with the terms of this policy.
The maximum amount that we will pay is the limit of liability that applies to your vehicle and will not exceed the limit in the LIMIT SECTION.
123 Bay Union - Prestige Policy Wording - 20 June 2012

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