Page 117 - Bay Union - Platinum Policy Wording
P. 117

Sec on 8 – Motor vehicle
○ The following cover op ons indicate your selec on of cover and it is important that you understand the di erence in cover. Your cover op on will be stated in your schedule against each insured motor vehicle. The following de ni ons describe your cover op ons:
– Comprehensive means cover against loss of or damage to your motor vehicle including your legal liability for damage to other people’s property.
– Third party,  re and the  cover means legal liability for damage to other people’s property, or for loss of or damage to the motor vehicle which results from  re, lightning, explosion or self-igni on, the  or hijacking or a empt thereat.
– Third party cover means legal liability for damage to other people’s property, but damage to your own motor vehicle is excluded from cover.
○ The following vehicle use op ons indicate your selec on of use and it is important that you understand the di erence in cover. Your cover op on will be stated in your schedule against each insured motor vehicle. The following de ni ons describe your vehicle use op ons:
– Business use means we will cover you for private, domes c, pleasure, professional and business travelling. When you use your vehicle for business such as visi ng clients without carrying tools, machinery and stock, it quali es as business use. You are allowed to carry small samples of the stock you trade in such as Tupperware, carpets or materials. If, however, you use your vehicle to load machinery (such as generators or lawnmowers), tools (such as for plumbing or carpentry) or stock (such as copper pipes, wood) for a speci c job or project, then that is commercial travel and not covered under this policy. If your vehicle is available as an employee pool-car and can be used by mul ple drivers, it is commercial travel and not covered under this policy.
– Reduced cover when vehicle is not being used means if your vehicle is not being used for an extended period, you may ask us to lower your premium for that period. This is known as 'laid-up' cover. If we agree, you may not use your vehicle outside of the premises where it is being kept. The cover consists only of accidental damage to the vehicle itself, and excludes liability to third par es. The cover is not available if your vehicle is a caravan or motorised caravan.
– Limited use means we will cover you for irregular use for private, domes c, pleasure and professional purposes including journeys to and from any place of employment, but limited to 5 000 km per annum.
– Social use means we will cover you for private, domes c, pleasure purposes, including use for journeys to or from any place of employment, but excluding all business or professional use. Under this use op on the vehicle should not travel more than 15 000 km per annum.
– Social and professional use means we will cover you for private, domes c, pleasure and professional purposes, including journeys to and from any place of employment and irregular business use (not more than twice a week).
Bay Union – Pla num Policy Wording – 24 October 2016 115


































































































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