A member of Insurance Company Heritage Motor Commercial Own goods ADVICE INSURE INVEST HEALTH Regulated by the Insurance Regulatory Authority www.heritageinsurance.co.ke Heritage Insurance Kenya Heritage_Ke Heritage Insurance Co.LTD Head office and branches HERITAGE INSURANCE- HEAD OFFICE NAIROBI Liberty House Processional Way P.O Box 30390-00100 Nairobi Kenya Tel: 020-2783000/0711039000/0734101000 Fax: 2727800 Mombasa NSSF Building, Nkrumah Road P. O. Box 84886 - 80100 Mombasa, Kenya Tel: Fax2224725/:020-2783000/ 0711039622/0711039627 Naivasha Heritage House, Moi Road P. O. Box 1319 -20117 Naivasha Tel: /0711039681/0711039682 Fax: 050-2020467/020-2783000 Eldoret Imperial Court, Eldoret Town Waiganjo Street/Uganda Road P. O. Box 6120 - 30100 Eldoret Tel: 0711039751 Fax 2031788/020-2783000 Nanyuki Silver Plaza Nyeri/Nanyuki Road P. Box 1615 – 10400, Nanyuki Kenya Fax: 062-31914 /:020-2783000/ Tel: 0711039600/0711039602 Nakuru Polo Centre, Tom Mboya Street Off Kenyatta Avenue, P.O. Box 4362 - 20100, Nakuru, Kenya Fax: 0512213774 Tel: 0711039730/0711039731/ 020-2783000 Meru Nakumatt - Mwitu Center Bld Meru/Nanyuki Road, Meru Kenya P O Box 1911 – 60200 Tel: 0711039702/0711039703 Fax: 064 - 3130709/ Embu Ganga Hse,3rd Floor Meru/Nanyuki Rd P.O.Box 2607-60100 Embu. Tel: 0711039791/278300092 Kisumu Tuffoam Mall.1st Floor, Jomo Kenyatta Highway, P.O Box 1062-40100.Kisumu Tel: /0711039800/01/:020-2783000 Tanzania Head Office: The Heritage Insurance Co.T LTD Oyster Bay Office Complex Plot No.368, Msasani Road Tel:007222664204-09 E-mail:[email protected]Dar es Salaam Embu Ganga Hse,3rd Floor Embu/Meru Rd P.O.Box 2607-60100 Embu Kenya Tel: 0711039791/0711039792/ 020-2783000 Thika Zuri Centre, 4th Floor- Kenyatta Highway, Thika P.O. Box 7048 - 01000, Thika Tel:020-27830000/ 0711039720/0711039722 Kisii Royal Towers, 2nd Floor Hospital Road, Kisii P.O. Box 3066 - 40200 Kisii, Kenya. Tel: 0711039780/81/ 020-2783000/ Town Office Lornho House Mezzanine 2 Standard Street P. O Box 30390-00100 Nairobi Tel: 0711039665/664/661/667/ 2783000 Arusha Branch The Heritage Insurance Co. T Ltd St Floor Sykes Building Goliondoi Street Tel: 255754570000 Fax :255 272509759 Arusha
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
A member of
Insurance CompanyHeritage
Motor CommercialOwn goods
ADVICE INSURE INVEST HEALTHRegulated by the Insurance Regulatory Authority
This insurance o�ers protection to insured’s vehicle due to accidental collision, �re and theft as well as against third party’s death, bodily injury and/or property damage.Commercial vehicles insured under this category of insurance are vehicles used in the transportation of goods belonging to insured.Note: This does not include carriage of goods for hire and reward
Scope of cover
Three types of covers can be purchased:
a) Third Party Only (TPO):
This is the basic and minimum cover available. It provides for liability to third parties only in respect of bodily injury and damage to third party property. It is the mandatory cover that a motorist should have in place.
b) Third Party Fire and Theft (TP&T):
In addition to the TPO cover above, this cover extends to cover the insured’s vehicle against the risks of �re and theft, including partial theft from the vehicle.
c) Comprehensive:
This is a superior cover to all the others as an addition to TPF&T mentioned immediately above, it extends to cover any other accidental damage to the vehicles including collision, overturning, e�ects of �oods, earthquake and perils provided for in the policy document.
What is covered: under comprehensive policy
• Windscreen damage as per policy limit
• Radio cassette or entertainment unit as per policy limit
• Loss or damage to the vehicle or its accessories and spare parts while in or on the vehicle
• Towing charges as per policy limit
• Medical expenses
• Financier’s interest (where applicable)
• Theft of the insured vehicle
• Fire damage to the insured vehicle
• Riot and Strike
• Special perils-�ooding, typhoon, earthquake etc
• Emergency medical expenses insured and/or authorised driver and/or any other person following an accident involving insured vehicle as per policy limit
• Loss arising out of use by motor trader or vehicle seller
• Liability to third parties
De�nitions:
Accident: A sudden, unplanned and unforeseen mishap not under your control or that of the authorised driver
Claim: Formal demand by insured for indemnity or bene�t under the policy
Excess: The �rst amount of each claim borne by insured
Extension under policy at additional premiums• Excess protector• Political violence and Terrorism
Notable General Exclusions1. Any accident, loss, damage or liability caused,
sustained or incurred outside the territorial limits or use of the vehicle is contrary to limitations as to use clause
2. Any accident, injury, loss, damage or liability if the vehicle is carrying more than its authorised capacity.
3. Any liability which attaches by virtue of an agreement by which would not have attached in the absence of such agreement
4. Any injury, loss, damage or legal liabilities (except so far as is necessary to meet the requirements of the legislation) directly or indirectly caused by any of the following occurrences:
(i) War, invasion, act of foreign enemy, hostilities or warlike operations.
(ii) The act of any lawfully established authority in controlling, preventing, suppressing or in any other way dealing with any occurrence referred to in clause (i)
5. Any accident, loss or damage to any property or any loss or expense whatsoever resulting or arising there from or any consequential loss
6. Any loss occurring while insured or authorised driver is certi�ed by a competent authority to have been under the in�uence or drink or drug to such extent as to have rendered them incapable of having proper control of the vehicle at the time of an occurrence giving rise to a claim.
7. (a) consequential loss
8. (b) Depreciation, wear and tear, mechanical, electrical or electronic breakdown, failures or breakages.
9. (c) Damage to tyres unless damage is caused to other parts of the vehicle at the same time.
10. (d) loss of or damage to the contents being carried in or on the vehicle;
11. (e) Damage caused by overloading or strain.
12. (f) The excess stated in the schedule.
FAQ
1. Does the vehicle require to be valued every year?
Annual valuation of the vehicle is critical as it bene�ts insured and insurer in determining true condition of the vehicle and its current market value as well as it saves insured. Ultimately, having the vehicle valued builds trust and con�dence as the vehicle is con�rmed to be road worthy and insured pays premium on a known value thereby saving them money.
2. What will happen when my insurance is due for renewal?
We shall send you a renewal notice or terms within 30 days before the vehicle is due to be renewed.
3. How is renewal premium worked out? Insurance premium is based on information
known as ‘risk factors’ which may include claims history or claims made in the past while the vehicle has been insured, cost of doing business.