Presale Information on Insurances offered by Codan Forsikring NUF

Transcription

1 Car Insurance All cars are fully insured but have deductibles for vehicle damage and theft. These can be largely reduced by purchasing insurance cover from Codan Forsikring NUF (see paragraph 7.2). Deductibles for drivers under 24 can not be reduced. Presale Information on Insurances offered by Codan Forsikring NUF INSURANCE FOR CAR HIRE IN SWEDEN 1. Who does the insurance cover General: Car insurance covers all renters who are over 19 years of age and have held a valid driving license for at least one year. These conditions also apply to any named additional driver(s) on the rental agreement. All named drivers must present their driver's license. Only those persons listed in the rental agreement can drive the rental car and be covered by the insurance Drivers under 24 years: A mandatory deductible of SEK 2500 is applied to Drivers under 24 years for traffic accidents 2. Where the insurance apply - Geographical Scope The insurance will cover all driving within Sweden. 2.2 The insurance will also valid outside of Sweden provided Avis has granted a written approval An additional charge may apply for this extended cover Notwithstanding the foregoing, some countries in Europe may not accept 'Green Card ' or do not participate in international insurance cooperation. Some of these countries demand special liability insurance in the country or ' Border Insurance '. When such 'Border insurance' is subscribed, the company's liability only applies to damage that affects the driver and passenger in the vehicle. 3. What is Covered in the insurance The insurance covers the types of cover set out in the specification in the rental agreement Optional Insurances Deductible Reduction Insurance ( Collision Damage Reduction - CDR) Deductible reduction reduces the renter's cost for damage to the vehicle ( truck / traffic injury) from a deductible of SEK to SEK 7500 as long as the damage is not incurred by fraud, theft or attempted theft. When calculating the costs of the damage consideration is given to the level and extent of damage and the transportation costs. Damage must be reported immediately to Avis. The claim will only be valid when the renter has completed, signed and submitted a claim form to Avis.

2 3.2.2 Deductible Elimination Insurance ( Super Collision Damage Waiver - SCDW ) Deductible can be reduced to Zero from SEK 7500 for damage to the vehicle as long as the damage is not incurred by fraud, theft or attempted theft. Deductible Elimination ( SCDW ) can not be taken without excess reduction (CDR) has been signed by the renter. SCDW can only be purchased together with Super Theft Protection (STP)- see below. Damage must be reported immediately to Avis. The claim will only be valid when the renter has completed, signed and submitted a claim form to Avis. For light commercial vehicles up to 3.5 tonnes deductible cannot be fully eliminated. The deductible is reduced From SEK 7500 to SEK 2,500 when SCDW is purchased Theft Insurance ( Theft Protection - TP) Theft insurance limits the renter's financial responsibility in case of theft, attempted theft or burglary from a deductible of SEK to SEK Damage must be reported immediately to Avis. The renter is also responsible for reporting the theft or burglary to the police. Any incidence of Theft must be reported immediately to Avis. The claim will only be valid when the renter has completed, signed and submitted a claim form to Avis Theft Insurance Deductible elimination ( Super Theft Protection - STP) Super Theft insurance (STP) eliminates the renter's financial responsibility in case of theft, attempted theft or burglary from a deductible of SEK 7500 to Zero. STP cover can not be taken without Theft Protection cover (TP) have been signed by the renter. STP can only be purchased together with SCDW - see above. Damage must be reported immediately to the lessor Avis station. Any incidence of Theft must be reported immediately to Avis. The claim will only be valid when the renter has completed, signed and submitted a claim form to Avis. The renter is also responsible for reporting the theft or burglary to the police. For light commercial vehicles up to 3.5 tonnes deductible cannot be fully eliminated. The deductible is reduced From SEK 7500 to SEK 2,500 when STP is purchased. 3.3 Personal Assistance Insurance (PA) A supplementary insurance cover to Car Insurance. The insurance covers both driver and all passengers in the vehicle Who is covered by the insurance Coverage includes any person driver aged 75 years or less as stated in the rental agreement or a passenger therein. The sum insured is limited to SEK 100,000 for lifelong disability for any person between over 70 years What damage is covered or included.

3 Coverage includes injuries to the driver (insured) and passengers when travelling in the car. If the rental car is the direct cause of the accident injuries to driver or passengers will be covered even if he / she is outside of vehicle.. Accidental injury is defined as injuries to the body caused by a sudden external event (accident) which occurs during the rental period. For compensation purpose mental injuries such as shock is not covered unless it occurs simultaneously with physical injury resulting in a permanent disability Insurance coverage summary Death. If the accidental injury to a driver or a passenger results in death within one year, payable death benefit will be SEK 100,000 for each person. Any disability benefit that may be paid for the same injury shall be deducted from the death benefit. Death compensation accruing to the insured's spouse or heirs by law or will. Disability. If within three years of accident injured' disability is diagnosed as permanent, disability benefit is paid. For permanent disability insured will be paid a sum SEK 500,000, for each person. For partial disability, a similar but small part of it will be paid. If the insured die one year after the accident injury, disability payment is paid provided it is proven that the injuries would have resulted in lifelong disability. If the insured dies within one year of the accidental injury, no disability compensation is made nor the compensation accruing to the insured. The degree of disability is assessed after one year following the accident. Compensation is payable on the anniversary of the accident. If any of the injured parties, the degree of disability changes, the final settlement may be postponed, but not longer than three years for adults and five years for children less than 20 years of age. The degree of disability is set according to the Ministry of Social Affairs disability table of 21/04/1997. Limitation of the Insurance The sum insured is limited to SEK 1.5 million in total for both disability and Death benefit for the driver and passengers in the vehicle. The sum will be allocated proportionately - depending on the death benefit or disability benefit between the injured persons. The sums insured listed under "Death" and "Disability" cannot exceed the upper limit of liability as stated under this coverage. Treatment costs The insurance covers reasonable and necessary medical expenses prescribed by a physician or dentist as a result of accidental injuries up to 3 years from date of accident. Expenses for utilities are not covered by insurance. Travel expenses to and from home for necessary treatment will cover affordable means of transportation considering the insured's state. Compensation is limited to SEK 10,000. Treatment expenses claims must be supported with original documents.

4 Exceptions and general conditions for coverage. The insurance does not cover accidental injuries: Due to stroke, fainting or other illness, Caused by earthquakes or volcanic eruptions in Norway, That have occurred during participation in crime That is occurring while the vehicle is requisitioned or used in connection with mobilization or military exercise, The coverage is only applicable when the vehicle is driven by the insured during a period outside the military exercises. Even if an accident injury can be detected as the cause, the following diseases or illnesses are excluded from cover : myocardial infarction, angina pectoris, cancer, varicose veins, nucleus herniation, sciatica, lumbago ' shell-shocked ', rheumatism, joint rheumatism, arthritis, spondylitis, spondylartrose, rotsyndrom, rotkompresjon, teochondrose skivelesjon, spinal cord, " gout ", neurosis, spondylolisthesis. Damage to Inside of Cabin Compensation is provided for damage to the cabin through sudden and unexpected event caused by the driver or passengers. Exclusion includes damage caused by smoking or other burns, by animals, use of vehicle in racing, training for a competition or speed driving and damages resulting from driving on ice frozen water (i.e. Roads not maintained by Swedish Road Authority) and damage caused by the cold, moisture, corrosion and erosion or damage resulting from driving under influence of alchohol or other illegal substances. Repatriation of property from car accidental The policy covers Compensation for costs incurred to obtain property repatriated in connection with the accident. Property includes property in the interior Super Personal Accident Insurance (SPAI) Assistance & Rescue Insurance - covers the cost of towing or salvage of the car as a result of an injury or accidental shutdown. PAI also covers roadside assistance for lockout, empty fuel tank, tanking the wrong fuel and tires. Note: Costs associated with damage to tires or rims as a result of hitting the pavement are not covered. Recovery is primarily made to an authorized workshop or in the alternative to another suitable workshop that can repair the damage. Assistance can only be reached via the hotline number or contacting the rental station Personal effects and Baggage insurance - covers damage to personal effects and own baggage caused by the traffic accident or as a result of burglary of vehicle. In case of theft caused by burglary insurance shall only be for the locked luggage / cargo. Maximum sum payable is SEK 10,000 and includes special assets, e.g. camera, computer, video equipment, jewelry, cell phone, furs, antiques, art collections and cash.

5 3.4 Insurers All of the above insurance policy cover is provided by Codan Forsikring NUF Company number: Drammensveien 134 construction Oslo, Norway 4.0 Other Insurances on Avis Vehicles All Avis Rental vehicles are covered by traffic and vehicle damage insurance. Motor insurance is compulsory by law. 5.0 Safety Rules and precaution As a renter, you should always check the car for damage before leaving the Avis rental station. Any damage and defects must be notified to Avis staff before you leave the rental office. 5.1 Avoid any kind of harmful events should be treated with care, i.e. do what you can to prevent the occurrence of a loss 5.2 The driver must always have a valid driver's license. 5.3 The driver must never be under the influence of alcohol or other intoxicants when driving the vehicle 5.4 The vehicle all doors, windows and trunk lid must be locked when the vehicle is left unattended. Vehicle keys should never be left unattended when they are locked up. 5.5 Goods inside the vehicle should be kept secure so that it does not cause damage to the vehicle. 5.6 Insufficient fulfillment of safety precautions may invalidate your insurance cover. 5.7 These rules apply to all named additional drivers. 6.0 Exceptions: Insurance does not cover damage to the vehicle arising from the use of vehicle in a competition or training for competition or racing or off-road driving. 7.0 General Provisions: 7.1 The insured's rights under the insurance policy lapses or are restricted if the insured fraudulently represented, suppressed or concealed anything of importance for the damage assessment. 7.2 The insurer is not liable for any loss or damage arising from nuclear reaction or war, hostilities, civil war, revolution, insurrection or acts by those in power as unauthorized seized power (Force Majeure). The insurer is not liable for any damage or loss resulting from government decisions.

6 8.0 Privacy Policy Avis and Codan treats the renters and named drivers personal data in a computerized register to be able to meet its obligations and is to safeguard its rights under the rental. Personal information is used solely in the rental business and the information is not shared with 3 rd Party. For complete terms, see our Privacy Policy