Page 114 - Bay Union - Platinum Policy Wording
P. 114

Sec on 8 – Motor vehicle
A. OWN DAMAGE
Speci c de ni ons to this sec on
○ What we cover as your motor vehicle
Your motor vehicle is described in your schedule. Motor vehicle descrip ons covered under this sec on is explained
in the table below:
Vehicle – full de ni on
Your vehicle includes all factory-  ed parts and accessories. It may be any one of the following:
○ a private car, minibus or similar vehicle designed to carry up to 12 people, including the driver
○ a sta on wagon, motorised caravan, 4x4 vehicle, 4x2 vehicle, or light delivery vehicle, with a gross vehicle mass of no more than 3 500 kg
○ a vintage vehicle worthy of being a collectable which is more than 20 years old and does not travel more than 10 000 km per annum
○ a trailer or caravan which is not self-propelled, and which is designed or adapted for towing by a vehicle as described above
○ a motorcycle, scooter, quad-bike, three-wheeled vehicle or golf cart
○ any vehicle that is temporarily used by you as a replacement while your insured vehicle is out of use for the purpose of overhaul, upkeep or repair up to the sum insured in the schedule.
○ Agreed value means the value as agreed between you and us, at the incep on of the policy. This is the amount that will be paid in the event of a total loss, without any adjustment for deprecia on or apprecia on. The op on for agreed value applies to vintage vehicles or vintage motorcycles only.
○ Car-pooling means when you are carrying fare-paying passengers and the passengers are contribu ng towards the running cost of the vehicle in a li  club and there is no element of pro t or monetary gain for the driver or owner of the vehicle.
○ Driver’s licence means a valid driver’s licence or interna onal driver's licence in compliance with legisla on of the speci c region where the vehicle is used at the  me of any loss or damage. A learner driver must comply with applicable legisla on concerning learner drivers.
○ Insured cause means a single occurrence which is not intended or expected to happen.
○ Named driver/s means the driver/s named as a restricted cover op on.
○ Replacement value means the value to replace the caravan, trailer or golf cart with a similar make and model.
○ Regular driver/s means the person who drives or is in control or in possession of the vehicle most o en. We use
this person’s informa on to determine the rate, terms and condi ons. The name of the regular driver/s is stated in your schedule.
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Bay Union – Pla num Policy Wording – 24 October 2016


































































































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