Page 162 - Hollard Business Branch Policy Wording

Motor Traders Risk
PROVIDED THAT:
2.1 the Company shall not be liable for loss of or damage to any motor vehicle being used for the purposes other than that stated in Descrip on of Use;
2.2 the payment by the Insured of subsidies or travelling allowances to such person for the use of their own vehicle for o cial purposes of the Insured, including the carriage of persons for such purposes is allowed without prejudice to the insurance by this Extension;
2.3 if, at the me of the occurrence of any accident giving rise to a claim under this Extension, the Insured or such person is en tled to indemnity under any other policy in respect of the same occurrence, the Company shall not be liable to make any payment hereunder except in respect of any excess beyond the amount payable under such other policy;
2.4 the Terms, Excep ons and Condi ons of this Policy shall otherwise apply.
Vehicle hoists and ramps
Speci c Excep on 13 to Sub-Sec on A is deleted.
Legal liability of passengers for acts of negligence
The Company will at the request of the Insured indemnify in terms of Sub-Sec on B of this Sec on any person using the vehicle;
PROVIDED THAT:
such person:
1. is not personally driving or in control of the vehicle;
2. is not en tled to indemnity under any other policy;
3. is not under the in uence of intoxica ng liquor or drugs;
4. shall as though such person were the Insured, observe, ful ll and be subject to the Terms, Excep ons and Condi ons of this Sec on in so far as they can apply.
Vehicle hire (only applicable to private type motor cars and light commercial vehicles up to a GVM of 3 500kg)
If a comprehensively insured vehicle is stolen, hijacked or damaged and for which the Company accepted liability to compensate for, the Company will at their discre on pay to the Insured the equivalent rental cost of a replacement vehicle or arrange for a replacement vehicle;
PROVIDED THAT:
1. Cost and capacity of vehicle rented:
1.1 the daily rental cost shall not exceed the amount stated in the Schedule;
1.2 the engine capacity of the hired vehicle shall not exceed 2 000 cc (two thousand cubic cen meters);
1.3 the carrying capacity of the hired vehicle shall not exceed 3 500kg (three thousand ve hundred kilograms);
1.4 all delivery and/or collec on costs;
1.5 administra on costs chargeable by the vehicle hire company;
subject to a maximum of R1 500 (one thousand ve hundred Rand) for each and every event in terms of 1.4 and 1.5 above.
2. Excluded costs (costs the Company shall not be liable to pay):
2.1 any deposits payable;
2.2 fuel used during the rental period;
2.3 parking fees, speeding nes or nes, toll or e-toll costs;
2.4 excesses payable to the rental company.
Hollard Business Policy – Branch – Version 1 2018
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