SCHEDULE OF FLEET POLICY EXCESSES (FIRST AMOUNTS PAYABLE)

Transcription

1 SCHEDULE OF FLEET POLICY EXCESSES (FIRST AMOUNTS PAYABLE) Definition For each and every claim You must pay the following unless We indicate otherwise on the Certificate of any particular Section of this Policy. 01. VEHICLE INSURANCE Compulsory Description Private Type Vehicles (As described in items 1.2.1, and of Definition 1 Vehicle in this Section) If You claim for loss or damage to the insured Vehicle (excluding caravans and trailers) You must pay the First Amount Payable listed below, which will be calculated separately for each Vehicle and will be cumulated amounts in 1.1 and You must immediately repay Us any First Amount Payable We may have settled on Your behalf For every Insured Event other than theft (or a series of events arising from one cause giving rise to a claim) where the Vehicle value stated in the Certificate is: First Amount Payable R if the driver of the Vehicle is younger than 25 years of age R any other First Amount Payable shown in the Certificate 1.4 if the Vehicle is stolen You must pay the First Amount Payable listed below which will be calculated separately for each Vehicle: if no immobiliser is fitted 20% of the agreed claim if fitted with a VESA level 1,2 or 3 immobiliser 10% of the agreed claim if fitted with a VESA level 4 immobiliser or equivalent 5% of the agreed claim if fitted with an approved tracking device 0% of the agreed claim 1.5 Window glass / windscreen 20% of the agreed claim minimum R Windscreen repair R Nil 1.7 if the Vehicle is a caravan or trailer 5% of the agreed claim minimum R the Vehicle sound equipment (if specified separately) 5% of the agreed claim minimum R if the premium has been discounted for security measures in place and operational, and these measures are not in place and operational at the time of the loss We may reject Your claim.

2 01. VEHICLE INSURANCE (Continued) Compulsory Description As described in items and of Definition 1 Vehicle in this Section) Commercial Type Vehicles If You claim for loss or damage to the insured Vehicle (excluding caravans and trailers) You must pay the First Amount Payable listed below, which will be calculated separately for each Vehicle and will be cumulated amounts in 1.1 and You must immediately repay Us any First Amount Payable We may have settled on Your behalf. 2.1 For every Insured Event (or series of events arising from one cause giving rise to a claim) where the Vehicle value stated in the Certificate is: up to and including R R from R to R R from R to R R greater than R R if the driver of the Vehicle is younger than 25 years of age R any other First Amount Payable shown in the Certificate 1.4 if the Vehicle is stolen You must pay the First Amount Payable listed below which will be calculated separately for each Vehicle: if no immobiliser is fitted 20% of the agreed claim if fitted with a VESA level 1,2 or 3 immobiliser 10% of the agreed claim if fitted with a VESA level 4 immobiliser or equivalent 5% of the agreed claim if fitted with an approved tracking device 0% of the agreed claim 1.5 Window glass / windscreen 20% of the agreed claim minimum R Windscreen repair R Nil 1.7 if the Vehicle is a caravan or trailer R the Vehicle sound equipment (if specified separately) 5% of the agreed claim minimum R if the premium has been discounted for security measures in place and operational, and these measures are not in place and operational at the time of the loss We may reject Your claim. 02. HOUSEHOLD CONTENTS The amounts stated below are cumulative: 2.1 for each and every claim R Nil 2.2 if the opening sections of windows are not barred and / or sliding an additional 15% of the claim. doors are without security locks, unless the house is fully alarmed 2.3 if the premium has been discounted for security measures in place and operational and these measures are not in place and / or operational at the time of the loss We reserve the right to reject such a claim. 2.4 in the event of loss or damage by lightning / power surge 10% of the claim minimum R1000

3 03. HOUSEOWNERS The amounts stated below are cumulative: 3.1 for each and every claim R in the event of loss or damage by lightning / power surge 10% of the claim minimum R Subsidence and Landslip 10% of the claim minimum R ALL RISKS 4.1 for each and every claim R Nil 4.2 for each and every cell phone claim 10% of the claim minimum R WATER CRAFT 5.1 For every occurrence giving rise to a claim for a water craft where the value stated in the certificate is: below R R over R R PERSONAL COMPUTER EQUIPMENT The amounts stated below are cumulative: 6.1 for each and every claim 5% of the claim minimum R in the event of loss or damage by lightning / power surge 10% of the claim minimum R1 000

4 08. PLANT ALL RISKS The basic First Amount Payable applicable to loss or damage, or the amount relating to a specific type of plant item otherwise stated in the Schedule of this Section, whichever is the greater, shall apply independently to each plant item as follows : NON MOBILE CONSTRUCTION PLANT EQUIPMENT / TOWED PLANT: 10% of claim minimum R HIJACKING: Loss and/or damage following Hi-jacking 10% of claim minimum R Drill & Piling Rigs whilst being driven on the road 10% of the New Replacement Value Shutters/Scaffolding/Formwork/Crushing Plants 10% of Claim minimum of R2000 Employees Tools 10% of Claim minimum of R2000 Field/Survey Equipment 10% of Claim minimum of R2000 Electrical Hand Tools 10% of Claim minimum of R2500 ADDITIONAL DEDUCTIBLES: PER INSURED ITEM: Cranes / Mobile Plant / Drilling Rigs:- New Replacement Value Not Exceeding: Agreed Value Not Exceeding: R20,000 10% of claim minimum of R5,000 R20,000 10% of claim minimum of R5,000 R50,000 10% of claim minimum of R7,000 R50,000 10% of claim minimum of R7,500 R100,000 10% of claim minimum of R10,000 R100,000 10% of claim minimum of R10,000 R250,000 10% of claim minimum of R12,500 R250,000 10% of claim minimum of R15,000 R500,000 10% of claim minimum of R20,000 R500,000 10% of claim minimum of R25,000 R750,000 10% of claim minimum of R30,000 R750,000 10% of claim minimum of R40,000 R1,000,000 10% of claim minimum of R65,000 R1,000,000 10% of claim minimum of R75,000 R2,000,000 10% of claim minimum of R100,000 R2,000,000 10% of claim minimum of R100,000 R5,000,000 10% of claim minimum of R125,000 R5,000,000 10% of claim minimum of R150,000 R10,000,000 10% of claim minimum of R250,000 R10,000,000 10% of claim minimum of R250,000

5 SCHEDULE OF SECTION LIMITS APPLICABLE Policy Limits: The following limits shall apply unless otherwise stated on the certificate. 01. VEHICLE INSURANCE 3.4 Cost of Protection and Removal R Window Glass R Medical Benefit R Keys / Locks / Remote Controls R Liability to Third Parties R Fire or Explosion Liability R Contingent Liability R Unauthorised Passenger Liability R NOTE: The Aggregate Limit per event for items 3.8.1, , 4.2 AND 4.3 is R Fire Extinguishing Changes R Persons Travelling in an Open Section of the Vehicle R HOUSEHOLD CONTENTS Contents Home Industry or Business R Contents Office Premises other than at Dwelling R Emergency Services Expenses R Refrigerator and Deep Freeze Contents R Laundry, Garden Furniture and Outbuildings R Accidental Breakage of Mirrors and Glass R Credit Cards / Debit Cards R Guards R Keys / Locks / Remote Controls R5 000

6 02. HOUSEHOLD CONTENTS (Continued) 2.11 Loss of Damage or Damage to Domestic (s) Property R Theft of Money R Property of Guests R Hole-in-One (Golf) R Full House (Bowls) R Household Goods in Transit R In the Possession of Students and School Children R Whilst on Holiday R Domestic Telephone Instruments R Loss of Water by Leakage R Compensation for your Death R HOUSEOWNERS 2.4 Emergency Services Expenses R Water Pumping Machinery R Guards R Electric Gate Motors and Garage Door Motors R Removal of Fallen Trees R Damage to the Garden R Spread of Fire Risk Liability R ALL RISKS Unattended Vehicle R10 000

7 05. WATER CRAFT Emergency and Salvage Expenses R Liability to Third Parties R Medical Expenses R Liability of Water Skiers R Tow and Assist R PERSONAL COMPUTER EQUIPMENT Reconstitution of Data R PERSONAL ACCIDENT 6.4 Funeral Benefit R PLANT ALL RISKS Indemnity Maximum Value R Part A Material Damage R Continuing Hire Charges R Liability to Third Parties (a) not caused by fire or explosion R Liability to Third Parties (b) caused by fire or explosion R