Page 129 - Policy Wording - Hollard Business Binder (2020-08-26)

Motor
Areas
a) Business use
b) Transport contractors – decline
Comprehensive Cover
A
Third Party only
B Fire
C Theft
A + B+ C =
TP F T
Claim-free Groups
0
1
2
3
4
5
6
7
8
9
Min. prem.
Rate on sum insured
1 2 3
1 2 3
4.5 Mechanical horses
11.00% 10.50% 10.00% 11.50% 11.00% 9.50%
10.50% 10.00% 9.50% 9.00% 8.50% 8.00%
10.00% 9.50% 9.00% 8.50% 8.00% 7.50%
9.00% 8.50%
7.50% 7.00%
7.00% 6.50%
8.00% 7.50%
6.50% 6.00%
6.00% 5.50%
6.00% 5.50%
5.50% 5.00%
5.00% 4.50%
R2 200 R775
R2 000 R775
R2 200 R775
R2 000 R750
R2 000 R750
R2 000 R750
.500% 1.50%
.500% 1.50%
.500% 1.50%
.500% 1.50%
.500% 1.50%
.500% 1.50%
A+B+C
A+B+C
A+B+C
A+B+C
A+B+C
A+B+C
4.6 Buses – farmers transporting employees
Areas
Comprehensive Cover
A
Third Party only
B Fire
C Theft
A + B+ C =
TP F T
Claim-free Groups
0
1
2
3
4
5
6
7
8
9
Min. prem.
Rate on sum insured
10.00% 9.50% 9.50% 9.00% 9.00% 8.50%
9.00% 8.50% 8.00%
8.50% 8.00% 7.50%
8.00% 7.50% 7.00%
7.50%
7.00%
6.50%
7.00% 6.50%
6.50% 6.00%
6.00% 5.50%
4.7
Trailers – pulled by tractors
Farmers' use
All areas
Comprehensive Cover
A
Third Party only
B Fire
C Theft
A + B+ C =
TP F T
Claim-free Groups
0
1
2
3
4
5
6
7
8
9
Min. prem.
Rate on sum insured
2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
2.00% 2.00%
2.00% 2.00%
R200 R150 .300% 1.00% A+B+C
4.8
Trailers – semi- and hi-speed
Farmers' use
All areas
Comprehensive Cover
A
Third Party only
B Fire
C Theft
A + B+ C =
TP F T
Claim-free Groups
0
1
2
3
4
5
6
7
8
9
Min. prem.
Rate on sum insured
9.00% 8.50% 7.00%
6.50%
6.00%
5.50%
5.00% 4.50%
4.00% 3.00%
4.00% 3.50%
2.00% 2.00%
R1 500 R750 .500% 1.00% A + B + C
R1 000 R550 .500% 1.00% A + B + C
4.9
Special types
Comprehensive Cover
A Third Party only
B Fire
C Theft
A + B+ C =
TP F T
All areas
Claim-free Groups
0
1
2
3
4
5
6
7
8
9
Min. prem.
Rate on sum insured
10.00% 9.00% 8.00%
7.00%
6.00%
5.00%
128
Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020