Page 168 - Hollard Business Policy - Binder

1.4 all delivery and/or collection costs;
1.5 administration costs chargeable by the vehicle hire company;
subject to a maximum of R1 500 (one thousand five 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 fines or fines, toll or e-toll costs;
2.4 excesses payable to the rental company.
3. The rental period:
3.1 starts on the day the Company admits liability in terms of the original claim and agrees to the rental;
3.2 the rental period shall cease at the time when:
3.2.1 the vehicle is recovered upon theft (and repaired if necessary) and returned to the owner;
3.2.2 the vehicle is repaired after being damaged and returned to the owner;
3.2.3 the Company has discharged liability in respect of the loss suffered;
3.2.4 after 30 (thirty), 45 (forty five) or 60 (sixty) consecutive days (as stated in the Policy Schedule);
whichever occurs first.
4. this Extension is only applicable to private type motor cars and light commercial vehicles up to a GVM of 3 500 kg (three thousand five hundred kilograms).
Waiver of basic compulsory first amount payable
The Basic Compulsory First Amount Payable as stated in the Schedule is hereby cancelled;
PROVIDED THAT:
1. this Extension applies to the Insured and his/her designated driver who is older than 25 (twenty five) years of age and has held a valid driver's licence for more than 5 (five) years and which is unendorsed;
2. this Extension shall not apply to windscreen claims and if the loss or damage is as a result of theft or hi-jacking of the vehicle;
3. this Extension is only applicable to private type motor cars and light commercial vehicles up to a GVM of 3 500 kg (three thousand five hundred kilograms).
OPTIONAL LIMITATION OF COVER (if stated in the Schedule to be applicable) Third party only limitation
The following are cancelled:
1. Sub–Section A;
2. Sub–Section C.
Third party, fire and theft only limitation
The liability of the Company under Sub-Section A is restricted solely to loss or damage resulting from fire, self-ignition, lightning or explosion or theft/hi-jack. Furthermore, Sub-Section C is cancelled.
SPECIFIC EXCEPTIONS (applicable to all Sub-Sections)
1. The Company shall not be liable for any accident, injury, loss, damage or liability:
1.1 whilst the vehicle is being used with the general knowledge and consent of the Insured otherwise than in accordance with the description of use clause;
Motor
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Hollard Business Policy – Binder – Version 8 2024