Page 32 - MSTI Namibia.Personal Lines.Home Car.1June 2018 Version 3_Final

Vehicle use
Your vehicle can be insured for either private use or business use.
Private use is for private or social purposes, including driving between your home and regular
place of work. Business use includes private use with additional cover for instances where the
vehicle forms an essential part of the performance of any work or function.

E.g. Typical examples where you need to insure your car for business use are the following:
• External sales, such as representatives and estate agents (i.e. any occupation where you use your
vehicle to visit clients or suppliers during working hours.)
• Client servicing, such as external consulting and client liaison
• Delivering any commodity

The use that you chose is noted on your schedule. To have cover it is vital that you insure your
vehicle for the correct use.

E.g. A vehicle that is being used for business purposes has a greater chance of being stolen or involved
in an accident as it is usually on the road more often and in a greater variety of areas than a vehicle
used for private purposes. Therefore, the premium for a vehicle being used for business purposes is
higher compared to the same vehicle used for private purposes. It is important that you insure your
vehicle correctly otherwise it could affect the outcome of your claim.

In which countries are you covered?
Your vehicle is covered in Namibia, South Africa, Botswana, Lesotho, Malawi, Mozambique,
Swaziland and Zimbabwe when used for private purposes.
Where vehicle sustains damage outside the borders of Namibia or South Africa, you must
arrange for the vehicle to be returned to Namibia or South Africa. We will compensate you
for the cost up to the maximum amount of N$ 10,000.00

Repairs and replacements
Any repairs or replacements must be completed within six months of your claim being settled.

Salvage calculation
If it is an imported vehicle and it is deemed to be uneconomical to repair, we will deduct a
salvage value, calculated at 30% of the settlement amount. You will not have the right to
abandon the wreck to us.

Spare parts and accessories
Any part or accessory not available as a standard (ready manufactured) article within the
Republic of Namibia or the Republic of South Africa, We will pay a sum equal to the value of
such part at the time of the accident but not in any case exceeding the maker’s latest price
operative in Namibia or South Africa.

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