Page 55 - Hollard Namibia – Motor & Household Policy Wording

Vehicles
Your specific responsibilities
Whilst the vehicle is insured with us, you have specific responsibilities.
Tell us of material modifications to the vehicle
You must tell us if the vehicle has been structurally altered from the manufacturer’s specifications, such as shortening or extending the wheel base.
Tell us of any material changes to the risk
You must tell us of any changes to material information relating to the risk of the vehicle. These changes include, but are not limited to the following:
o The regular driver of the vehicle;
o The area where the vehicle is normally used and general details of the vehicle.
Keep the vehicle roadworthy
You must at all times ensure that the vehicle is maintained according to the roadworthy requirements of the applicable National Road Traffic Act.
Sum insured of your vehicle
You must at all times ensure that your vehicle is insured for the correct amount. The value of the vehicle has to be reviewed at least once every 12 months on the renewal date of the policy.
o Vehicle insured for Agreed Value
Where there is no value available for the vehicle in the Auto and Commercial Vehicle Dealers guides or where the condition of the vehicle has been significantly improved, you must provide us with documentary proof of the vehicle’s value for our review and acceptance. The valuation must be obtained from an approved manufacturer dealership or a recognised motor club. Prior to the anniversary of the policy, you must give us an updated vehicle valuation.
o Vehicle insured for Retail Value
Where there is a value available for the vehicle in the Auto and Commercial Vehicle Dealers guides, you must ensure that the vehicle is insured for its correct value, including optional extras and added equipment, at inception or anniversary of the policy.
Check your security/tracking device
You must ensure that the minimum security measures as stated in the SCHEDULE are in place at all times, fully maintained and in working order.
You must have a valid license to drive the vehicle
In the event of a claim, you or any person driving with your permission must be able to prove to us that the driver had a valid driver’s license in compliance with applicable legislation of the specific region where the vehicle was used at the time of the loss or damage.
This includes a person who:
o is learning to drive;
o is driving with a Foreign driver’s license / International driving permit; o is a temporary resident of Namibia;
o has become a permanent resident or obtained citizenship of Namibia.
53