Page 118 - Execuline - Classic Policy Wording

Motor – Comprehensive cover
LIABILITY TO THIRD PARTIES
Pay-outs are always limited
When you claim for liability to third parties, your pay-out will always be limited to a specific amount in any 12-month period. These amounts are stated in the LIMIT SECTION or schedule.
However, note that we may in some instances pay out less than the limit, if we decide that it represents a fair settlement, or if we decide that it is the best way to finalise a claim.
We may pay you the full limit or any lesser amount for which the claim may be settled to finalise a claim.
All pay-outs are made in South Africa, in local currency.
Accident, death, damage
We will pay for your legal liability towards a third party if your vehicle is involved in an event that causes:
○ bodily injury to any person, or the accidental death of that person
○ damage to property
○ fire or explosion.
Other people using your vehicle
If someone else is driving your vehicle with your permission, they too will be covered for liability as described above, provided that they:
○ have never, to your knowledge, been refused insurance
○ are not entitled to compensation under any other policy
○ comply with the terms of this policy.
Using a vehicle that does not belong to you
We will pay for legal liability if you use a vehicle that does not belong to you, provided that:
○ you are the driver at the time of the incident
○ the vehicle is a private car or light delivery vehicle
○ you do not own the vehicle, it is not leased to you, and you are not purchasing it in terms of a credit agreement
○ loss or damage to the vehicle is excluded.
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HPL – Execuline – Classic Personal Insurance Policy – 6 July 2015