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{{-- COMPREHENSIVE PACKAGE --}} {{strtoupper($vars['row']->serviceGroup?->label)}} TAKAFUL - COVER NOTE
The policyholder described in the Certificate below having proposed for insurance in respect of the {{strtoupper($vars['row']->serviceGroup?->name)}} Vehicle described in the Certificate and having paid the sum of {{number_format($vars['row']->riskPolicies?->sum('PremiumIncludingTax'))}} (Incl. VAT) In TZS /=, as Contribution. The risk is hereby held covered in terms of the company's Usual Form of {{strtoupper($vars['row']->service?->name)}} Policy applicable there to for the period between the dates specified in the Certificate unless the cover be terminated by the Company by notice in writing in which case the insurance will there upon ceases and a proportionate part of the annual premium otherwise payable for such insurance will be charged for the time the Company has been on risk. The Policyholder warrants that the Motor Vehicle is only used for the purpose of Commercial
IMPORTANT: In the event of any change of vehicle or ownership, this certificate must be returned to the company within 7 days from the date of change.
CERTIFICATE OF INSURANCE : We hereby certify that a Policy of Insurance covering the liabilities required to be covered by the above-mentioned registrations has been issued as follows
Loading : 10.00% Excess Buy-Back, Accessories Sum Insured : 0.00
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ISSUED BY, @if(isset($policy->contract?->createdBy)) {{$policy->contract?->createdBy?->name}} @endif
AUTHORIZED SIGNATORY
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SCHEDULE I LIMIT OF LIABILITIES UNDER THE POLICY (ALL FIGURES ARE IN TZS)
Extensions/Conditions | Included | Comercial Vehicle | Private Motor | Motor Cycle |
---|---|---|---|---|
1. Third Party Injury/Death | YES | Unlimited | Unlimited | Unlimited |
2. Third Party Property Damage | YES | 30,000,000.00/= | 30,000,000.00/= | 30,000,000.00/= |
3. Passenger Liability Per Person | YES | 30,000,000.00/= | 30,000,000.00/= | 10,000,000.00/= |
Per Event | YES | 30,000,000.00/= | 30,000,000.00/= | N/A |
4. Medical Expense Per Person | YES | N/A | 500,000.00/= | N/A |
Per Event | YES | N/A | 2,000,000.00/= | N/A |
5.(i) Towing Charge Within Dar | YES | 500,000.00/= | 500,000.00/= | 100,000.00/= |
(ii) Towing Charge Outside Dar | YES | 500,000.00/= | 500,000.00/= | N/A |
6. Riot / Strikes | NO | N/A | N/A | N/A |
7. Windscreen Cover | YES | 500,000.00/= | 500,000.00/= | N/A |
For towing charges - city means "place where the vehicle shall be towed for repairs Of safe keeping and limit mentioned is maximum but subject to reasonable charges actually incurred for towing the vehicle.
All the limitsof liabilities mentioned above are the maximum limits.
SCHEDULE II DEDUCTIBLE/ EXCESS (ALL FIGURES ARE IN TZS)
SCHEDULE II (A): APPLICABLE TO MOTOR PRIVATE CAR & MOTOR CYCLES
Definition of Young & Inexperienced Driver: "driver who is under 25 years of age and/or possessing license for less than 2 years for the respective class of vehicle"
Extensions/Conditions | Included | Private Motor | Motor Cycles |
---|---|---|---|
9.1 OwnDamage (a) Within East Africa | YES | 5% of claim min. 350.000/= ( But double in case of total Theft Claim) | 5% of claim minimum of 100,000/= ( But double in case of total Theft Claim) |
(b)Outside East Africa | YES | Twice as item 9.1 (a) above | Twice as item 9.1 (a) above |
9.2 Young & In experienced Drive | YES | 7.5% of claim min. 100,000/= | 7.5% of claim min. 100,000/= |
9.3 TPO | YES | 250,000/= | 500,000/= |
SCHEDULE II (B): APPLICABLE TO MOTOR COMMERCIAL VEHICLE
Extension/ Conditions | Included | General Goods Carrying | Passenger carrying | Special Type Vehicles | |
---|---|---|---|---|---|
Trucks, Tractor, Pickups, Canter etc. | Private hire tour operators | Buses ( private & school ) | Farm, Tractor, Forklift, Crane, excavator etc | ||
9.1 OwnDamage (a) Within East Africa | YES | 7.5% of Sum Insured min. 500,000 (10% of claim,nin 750,000 in case total Theft ) and 15% ofSum Insured of Tankers) | 7.5% of claim min 350,000/-(10% of claim , min 750,000/- in case of total Theft | 10% of claim min. 1,000,000/-(10% of claim, min 2,000,000/- in case total Theft) | 10% of claim min 1,000,000 each and every claim |
(b) Outside East Africa | YES | Twice as item 9.1 (a) above | Twice as item 9.1 (a) above | Twice as item 9.1 (a) above | Twice as item 9.1 (a) above |
9.2 Young and inexpe1ienced Driver | YES | 7.5% claim minimum 100,000/- | 7.5% of claim minimum 100,000/ยท | 7.5% of claim minimum 100,000/ | |
9.3 TPO | YES | 350,000 | 350,000 | 350,000 |
ItemNo. 4 to 8 and 9.1 do not applying case of Third Party cover.
Excess: Either 9.1, 9.2, 9.3 will apply and not cumulatively.
TP cover is restricted to United Republic of Tanzania
East Africa Means Tanzania, Kenya, Uganda, Rwanda and Burundi.
If any of the Limits/Excess mentioned above are modified in the policy schedule such modified Limits/ Excess shall apply