Page 139 - Policy Wording - Hollard Business Binder (2020-08-26)

1.
2.
GENERAL
1.1 Underwritten by Hollard Accident & Health.
1.2 Premium ceded by system to the specialists. Binder partners must add a separate column on the bordereaux.
1.3 Pays out over and above any other benefit.
1.4 Intention is to supplement restricted RAF benefits.
PRODUCTS
2.1 Enroute In Car
2.1.1 The car is insured;
2.1.2 car details are important as the car is being insured;
2.1.3 any person up to a maximum accumulation of 10 (ten) people per vehicle, make sure the correct seating capacity is selected for premium;
2.1.4 the occupants are insured on a blanket basis;
2.1.5 premium therefore based on the maximum amount of people in the car;
2.1.6 road accidents only;
2.1.7 rates:
Enroute
ENROUTE
Plan Selected
A.
Basics of cover
a. Cover is applicable to the vehicle.
b. Additional premium payable in accordance with the number of seats.
B.
Cover provided
A1
A2
A3
A4
A5
A6
a. Death
b. Permanent Temporary Disablement
c. Total Temporary Disablement up to 52 weeks
d. Medical expenses – actual expense
e. Trauma:
i. Per visit
ii. Limit any one accident
Applicable per 2 (two) additional passengers
R25 000 R25 000
R500 R10 000
R300 R3 000
R6.22
R50 000 R50 000
R1 000 R20 000
R300 R3 000
R11.18
R100 000 R100 000
R2 000 R30 000
R300 R3 000
RR20.40
R150 000 R150 000
R3 000 R40 000
R300 R3 000
R29.55
R250 000 R250 000
R5 000 R50 000
R300 R3 000
R47.36
R500 000 R500 000
R10 000 R100 000
R300 R3 000
R92.30
C.
Monthly premium calculation for the basic cover in B. above:
a. Basic
b. Roadcover (RAF claim assistance)
c. Total monthly premium
R20.54 R5.00 R25.54
R32.95 R5.00 R37.95
R56.01 R5.00 R61.01
R78.87 R5.00 R83.87
R123.41 R5.00 R128.41
R235.75 R5.00 R240.75
D.
Monthly premium per passenger in excess of 5.
E.
Excess payable:
a. b.
TTD – 7 days
Medical expenses – R250
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Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020