Page 118 - Policy Wording - Hollard Prestige Portfolio 1.4

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Business use means we will cover you for private, domestic, pleasure, professional and business travelling. When you use your vehicle for business such as visiting clients without carrying tools, machinery and stock, it qualifies 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 specific 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 multiple 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 parties. 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, domestic, 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, domestic, pleasure purposes, including use for journeys to or from any place of employment, but excluding all business or professional use. Under this use option the vehicle should not travel more than 15 000 km per annum.
Social and professional use means we will cover you for private, domestic, pleasure and professional purposes, including journeys to and from any place of employment and irregular business use (not more than twice a week).
Section 8 – Motor vehicle
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The following cover options indicate your selection of cover and it is important that you understand the difference in cover. Your cover option will be stated in your schedule against each insured motor vehicle. The following definitions describe your cover options:
– 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, fire and theft cover means legal liability for damage to other people’s property, or for loss of or damage to the motor vehicle which results from fire, lightning, explosion or self-ignition, theft or hijacking or attempt 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 options indicate your selection of use and it is important that you understand the difference in cover. Your cover option will be stated in your schedule against each insured motor vehicle. The following definitions describe your vehicle use options:
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Hollard Prestige Portfolio – Version 1.4 – 2 Feb 2023