Page 174 - Hollard Business Policy - Binder

14. theft (or any attempt thereat) of any vehicle from the premises unless accompanied by visible signs of physical damage as a result of the forcible and violent entry to the premises.
SPECIAL PROVISIONS (applicable to Sub-Section A)
The Insured is responsible for:
1. car keys:
lock car keys away in a locked safe during and after business hours unless the vehicle is being demonstrated or otherwise in use;
2. theft of vehicles:
2.1 vehicles shall be parked overnight on the premises in a locked building and theft of the vehicle(s) shall be accompanied by visible signs of violent entry or exit into the building;
2.2 vehicles parked overnight on the premises but not in a locked building (in the open) shall be fenced in and behind lock and chain or parking bollard or as agreed by the Company and theft of the vehicle(s) is accompanied by visible signs of violent entry or exit of the fenced in area;
2.3 security system recording and monitoring vehicle movement onto the premises and leaving the premises; PROVIDED THAT:
the Company shall not be liable to pay for losses as a result of theft by false pretenses or a scam;
3. vehicles parked outside of buildings:
3.1 vehicles must be parked under shade nets or roof, canopy or protective structure;
3.2 hail nets shall be replaced every 5 (five) years and approved by the SABS;
3.3 the structure should be erected professionally;
3.4 the nets should be at a sufficient angle to allow for sufficient run off of hail;
4. wash bays:
ensure the driver is fully licensed and competent to drive vehicles on and around the premises;
5. first amount payable:
5.1 if the Company can demonstrate the Insured did not comply with the Provisions stated in 1, 2, 3 and 4 above the Insured shall be liable to pay, in addition to any other compulsory amount payable:
5.1.1 theft of a vehicle:
10% (ten percent) of the claim with a minimum of R2 500 (two thousand five hundred rand) per vehicle;
5.1.2 hail or storm:
10% (ten percent) of the claim with a minimum of R2 500 (two thousand five hundred rand) per vehicle.
SUB-SECTION B – LIABILITY TO THIRD PARTIES DEFINED EVENTS
Any accident caused by or through or in connection with any vehicle as defined in Definitions or in connection with the loading and/or unloading of such vehicle against all sums including claimant's costs and expenses which the Insured shall become legally liable to pay in respect of:
1. death of or bodily injury to any person, excluding death of or bodily injury to any person in the employ of the Insured arising from and in the course of such employment or being a member of the same household or family as the Insured;
Motor Traders Risk
Page | 172 Hollard Business Policy – Binder – Version 8 2024