VEHICLE INSURANCE

Our vehicle insurance covers any car, goods vehicle with a gross mass not exceeding 3500kg and its accessories and spare parts whilst thereon, listed in the schedule and owned, hired, leased or temporarily used by you as a replacement for your insured vehicle out of use for the purpose of overhaul, upkeep and/or repair by the motor trade subject to the cover specified in the schedule. We offer the following cover:

COMPREHENSIVE COVER
Covers you against loss of or damage to the vehicle which includes theft, hijacking as well as damage to third parties and their property.

Included in the policy is the following:

Protection and Repair
If insured loss or damage occurs we will pay the reasonable cost of protection and removal of the vehicle to the nearest repairer. You may authorise repairs to the vehicle up to R2 000 without our consent provided a detailed quotation is immediately given to us.

Delivery after repair
After repair to insured damage we will pay the reasonable cost of delivering the vehicle to your address in the Republic of South Africa.

Medical expenses
If any occupant of the vehicle sustains bodily injury as a direct result of loss of or damage to the vehicle we will pay you the medical expenses actually incurred and paid by you in connection with the injury up to R2 000 per injured occupant, but not more than R20 000 in total for all occupants injured if not otherwise insured.

Windscreen / Window Glass
The claim free group will not be altered following a claim for replacement of or repair to windscreen/window glass of the vehicle provided that there is no other loss or damage to the vehicle.

Credit shortfall
If any vehicle comprehensively insured under this section is stolen or hijacked (and not physically returned to us) or damaged and the assessed cost of repairs exceeds 70% of the reasonable retail value we will pay to the registered finance company that financed the purchase of the vehicle any difference between the reasonable retail value and the settlement balance outstanding under a valid credit agreement subject to the total payment not exceeding the limit of indemnity shown in the schedule less the First Amount Payable.

The settlement balance outstanding is defined as the payment due at any specified date that would settle the actual debt owing to the finance company but excluding payments and or interest in arrears, any additional finance charges, early settlement penalties, any other amounts refundable to you or any legal costs owing to the finance company by you.

Emergency Hotel expenses
In the event of loss of or damage to the insured vehicle we will pay emergency hotel expenses necessarily incurred by you and one passenger up to R350 per person per day for a maximum period of 2 days and a maximum benefit of R2 000 any 12 month period of insurance subject to the loss or damage occurring not less than 250 km from your private residence.

Wreckage removal
The cover provided under this section extends to include costs and expenses incurred by the Insured in respect of the clearing up and removal of debris and wreckage of the insured vehicle up to R2 000 any one claim.

Trauma
If you are a victim of a violent act of theft, attempted theft, hold-up or hijacking which necessitates professional counseling we will pay compensation up to R5 000 any one claim.

Locks and Keys
We will indemnify you for costs reasonably and necessarily incurred as a direct consequence of any keys and locks for the vehicle owned by you being lost or damaged up to R5 000 any one claim.

Tracking device
In the event that you have an operational tracking system in your vehicle and the vehicle is irreparably damaged or unrecovered following theft, we will pay to an approved Vehicle Tracking Company the actual cost up to R1 500 to install a tracking system on your new vehicle provided that the installation is authorized by us.

Vehicle sharing
The acceptance of payment giving lifts to passengers, when it is part of a vehicle sharing agreement for social purposes or commuting, will not be regarded as excluded under the Description of Use conditions, provided that:

the passengers are not being carried in the course of a passenger-carrying business
the total payments received for such journey do not involve any element of profit.

Repatriation clause
If an insured vehicle is damaged outside the Republic of South Africa, the Insured will be responsible for the repatriation cost thereof, unless New National has specifically approved the opposite in writing.

LIABILITY TO THIRD PARTIES

In the event of an accident caused by or in connection with the vehicle or attached trailer, caravan, car or goods vehicle with a gross mass not exceeding 3 500 kg being towed (other than for reward) we will indemnify you against all sums including claimant’s costs and expenses for which you become legally liable for death or bodily injury to any person or damage to property. We will pay costs and expenses incurred with our written consent.

OPTIONAL COVER

CAR HIRE (LOSS OR DAMAGE)

We will pay the actual car hire charges including the cost of delivery for a vehicle (not exceeding 1600cc engine capacity) up to a maximum limit of R250 per day on an unlimited distance basis but excluding the cost of fuel and lubricants if the vehicle cannot be driven following insured loss or damage or while the vehicle remains unrecovered following theft.


THIRD PARTY ONLY COVER

In the event of an accident caused by or in connection with the vehicle or attached trailer, caravan, car or goods vehicle with a gross mass not exceeding 3 500 kg being towed (other than for reward) we will indemnify you against all sums including claimant’s costs and expenses for which you become legally liable for death or bodily injury to any person or damage to property. We will pay costs and expenses incurred with our written consent.


THIRD PARTY, FIRE AND THEFT COVER

Loss of or damage to the vehicle if the vehicle or any part of it is lost or damaged by fire, lightning, explosion, theft or attempted theft we will by payment or at our choice by repair or replacement indemnify you by paying for its repair at a repairer acceptable to us or replacement less the First Amount Payable or paying the amount of the loss or damage less the First Amount Payable.