Page 164 - Hollard Business Branch Policy Wording
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Motor Traders Risk
3. loss or damage resul ng from total or par al cessa on of work, or the retarding or interrup on or cessa on of any process or opera on;
4. loss or damage occasioned by permanent or temporary dispossession resul ng from con sca on, commandeering or requisi on by any lawfully cons tuted authority;
5. loss or damage related to or caused by any occurrence referred to in General Excep on 1.1.2, 1.1.3, 1.1.4, 1.1.5 or 1.1.6 of this Policy or the act of any lawfully established authority in controlling, preven ng, suppressing or in any other way dealing with any such occurrence.
If the Company alleges that, by reason of Provision 1, 2, 3, 4 or 5, loss or damage is not covered by this Sec on, the burden of proving the contrary shall rest on the Insured.
Unauthorised use by employees
Speci c Excep on 1.1 to Sub-sec on B is deleted..
OPTIONAL LIMITATIONS (if stated in the Schedule to apply) Third party only limita on
The following are cancelled:
1. Sub–Sec on A;
2. Sub–Sec on C.
Third party, re and the only limita on
The liability of the Company under Sub-Sec on A is restricted solely to loss or damage resul ng from re, self-igni on, lightning or explosion or the . Furthermore, Sub-Sec on C is cancelled.
External risks only
The De ned Events is amended to read as follows:
DEFINED EVENTS
Loss of or damage to any vehicle as de ned in De ni ons arising in the course of the Insured's business including its accessories and spare parts whilst therein or thereon and occurring whilst the vehicle is:
1. on the road; or
2. temporarily garaged during the course of a journey elsewhere other than in or on any business premises owned and/or occupied by the Insured anywhere in the Republic of South Africa, Namibia, Botswana, Lesotho, Swaziland, Zimbabwe, Zambia, Mozambique and Malawi;
PROVIDED THAT:
the Company shall not pay for car radios, tape players, compact disc players or any sound equipment unless supplied by the manufacturer when new.
Internal risks only
The De ned Events is amended to read as follows:
DEFINED EVENTS
Loss of or damage to any vehicle as de ned in De ni ons arising in the course of the Insured's business including its accessories and spare parts whilst therein or thereon and occurring whilst the vehicle is:
1. temporarily garaged during the course of a journey elsewhere other than in or on any business premises owned and/or occupied by the Insured anywhere in the Republic of South Africa, Namibia, Botswana, Lesotho, Swaziland, Zimbabwe, Zambia, Mozambique and Malawi;
2. within or about the premises of the Insured as speci ed in the Schedule;
Hollard Business Policy – Branch – Version 1 2018 Page | 163