Policy Document

FBN GENERAL INSURANCE PRIVATE MOTOR POLICY

Whereas the Insured by a proposal and declaration dated as stated in the Schedule which shall be the basis of this contract and is deemed to be incorporated herein, has applied to the Insurer for the insurance hereinafter contained and has paid the premium as consideration for such insurance. in respect of accident, loss or damage occurring during the period of Insurance.

Now this Policy Witnesseth:

That subject to the terms, exceptions, and conditions contained herein or endorsed or otherwise expressed hereon (hereinafter collectively referred to as the terms of the policy) in respect of events occurring during the period of insurance and within the geographical area.

SECTION I- LOSS OR DAMAGE

1.The Insurer will indemnify the Insured against loss of or damage to the Motor Car and /or its accessories whilst thereon.

(a)by accidental collision or overturning consequent upon mechanical breakdown or consequent upon wear and tear.

(b)by fire, external explosion, self-ignition or lightning or burglary housebreaking or theft.

(c)by malicious act.

(d)whilst in transit (including the process of loading and unloading incidental to such transit) by road, rail, inland waterway, lift or elevator.

2.The Insurer shall not be liable to pay for :-

(i)consequential loss, depreciation, wear and tear, mechanical or electrical breakdowns, failures or breakages.

(ii)damage to tires unless the Motor Car is damaged at the same time.

3.If the Motor Car is disabled by reason of loss or damage as described in this section, the Insurer will subject to the Limits of Liability bear the reasonable cost of protection and removal to the nearest repairers and of delivery within the country where the loss or damage was sustained.

4.The Insured may authorize the repair of the Motor Car necessitated by damage for which the Insurer may be liable under this Policy provided that :-

(a)the estimated cost of such repair does not exceed the Authorized Repair Limit;

(b)the Insurer is furnished forthwith with a detailed estimate of the cost and;

(c)the Insured shall give the Insurer every assistance to see that such repair is necessary and

the charge reasonable.

SECTION II - LIABILITY TO THIRD PARTIES

1.Subject to the Limits of Liability the Insurer will indemnify the insured in

the event of accident caused by or arising out of the use of the Motor Car against all sums including claimant's costs and expenses which the insured shall become legally liable to pay in respect of:

(a) death of or bodily injury to any person except where such death or injury arises out of and in the course of the employment of such person by the insured and excluding liability to any person being a member of the insured's household who is a passenger in the Motor Car unless such person is being carried by reason of or in pursuance of a contract of employment;

(b)damage to property other than property belonging to the insured or held in trust by or in the custody or control of the insured or any member of the insured's household.

2.The Insurer will pay all costs and expenses incurred with its written consent.

3. In terms of and subject to the limit of the indemnity which is granted by this section to the Insured, the Insurer will indemnify the driver who is driving the Motor Car on the Insured's order or with his permission provided that such Driver:

(a)is not entitled to indemnity under any other Policy:

(b)shall as though he were the Insured observe, fulfill and be subject to the terms, exceptions and conditions of this policy so far as they can apply.

4.In terms of and subject to the limit of the indemnity which is granted by this section in

connection with the Motor Car the Insurer will indemnify the insured whilst personally driving a private Motor Car (but not a Motor Cycle) not belonging to him and not hired to him under a hire purchase agreement.

5.In the event of the death of any person entitled to indemnity under this section, the Insurer will in respect of the liability incurred by such person indemnify his personal representatives in terms of and subject to the limit of this section provided that such representatives shall as though they were the insured observe, fulfill and be subject to the terms, exceptions and conditions of this policy in so far as they can apply.

6.The Insurer may at its own option:-

(a)arrange for representation at any inquest or fatal inquiry in respect of any death which may be the subject of indemnity under this section;

(b)undertake the defense of proceedings in any court of Law in respect of any act or alleged offence causing or relating to any event which may be the subject of indemnity under this section.

SECTION III - MEDICAL EXPENSES

Subject to the Limits of Liability, the Insurer will pay to the insured the reasonable medical expenses incurred in connection with any bodily injury by violent, accidental, external and visible means sustained by the insured or his driver or any occupant of the Motor Car as the direct and immediate result of an accident to the Motor Car.

AVOIDANCE OF CERTAIN TERMS AND RIGHT OF RECOVERY

Nothing in this policy or any endorsement hereon shall affect the right of any person indemnified by this Policy or any other person to recover an amount under or by virtue of the provisions of the Legislation specified in the Schedule.

But the insured shall repay to the Insurer all sums paid by the Insurer which the Insurer would not have been liable to pay but for the said provisions.

APPLICATION OF LIMITS OF INDEMNITY

In the event of any accident involving indemnity to more than one person, any limitation by the terms of this policy and/or any endorsement hereon of the amount of any indemnity shall apply to the aggregate amount of indemnity to all persons indemnified and such indemnity shall apply in priority to the insured.

GENERAL EXCEPTIONS

The Insurer shall not be liable under this Policy in respect of:

1.any accident, loss, damage and/or liability caused, sustained or incurred outside the Geographical Area - Nigeria;

2.any claim arising out of any contractual liability;

3.any accident, loss, damage and/or liability caused or incurred whilst any Motor Car in respect of or in connection with which insurance is granted under this Policy is:

(a)being used otherwise than in accordance with the Limitations as to Use or;

(b)being driven by any person other than a Driver;

4.any accident, loss, damage and/or liability caused or incurred whilst any Motor Car in respect of or in connection with which insurance is granted under this Policy is:

(a) any accident, loss or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom or any consequential loss.

(b) any liability of whatsoever nature directly or indirectly caused by or contributedto by or arising from ionizing radiations or contamination by radioactivity from anynuclear fuel or from any nuclear waste from the combustion of nuclear fuel. For the purpose of this exception combustion shall include any self-sustaining process of nuclear fission.

5.any accidental loss, damage or liability directly or indirectly caused by or contributed to by or arising from nuclear weapon material.

The Insurer shall not be liable except under Section II-I(a) of this Policy in respect of any accident, loss, damage and/or liability directly or indirectly proximately or remotely occasioned by, contributed to by or traceable to or arising out of or in connection with flood, typhoon, hurricane, volcanic eruption, earthquake or other convulsion of nature, invasion, the act of foreign enemies, hostilities or warlike operations (whether before or after declaration of war) civil war, strike, riot, civil commotion, mutiny, rebellion, revolution, insurrection, military or usurped power or by any direct or indirect consequences of any of the said occurrences and in the event of any claim hereunder, the insured shall prove that the accident, loss, damage and/or liability arose independently of and was in no way connected with or occasioned by or contributed to by or traceable to any of the said occurrences or any consequence thereof and in default of such proof the Insurer shall not be liable to make any payment in respect of such a claim.

CONDITIONS

This Policy and the schedule shall be read together and any word or expression to which a specific meaning has been attached in any part of this policy or of the schedule shall bear the same meaning wherever it may appear.

1.Notice shall be given in writing to the Insurer immediately upon the occurrence of any accident or loss or damage and in the event of any claim. Every letter, claim, writ, summons and/or process shall be forwarded to the Insurer immediately on receipt by the insured. Notice shall also be given in writing to the Insurer immediately the insured shall have knowledge of any impending prosecution, inquest or fatal inquiry in respect of any occurrence which may give rise to a claim under this policy. In case of theft or other criminal acts which may be the subject of a claim under this Policy, the insured shall give immediate notice to the police and cooperate with the Insurer in securing the conviction of the offender.

2.No admission, offer, promise, payment or indemnity shall be made or given by or on behalf of the insured without the written consent of the Insurer which shall be entitled if it so desires to take over and conduct in the name of the insured the defense or settlement of any claim or to prosecute in the name of the insured for its own benefit, any claim for indemnity or damages or otherwise and shall have full discretion in the conduct of any proceedings or in the settlement of any claim and the insured shall give all such information and assistance as the Insurer may require.

3.At any time after the happening of any event giving rise to a claim or series of claims under sub-section I (ii) of Section II of this Policy, the Insurer may pay to the insured the full amount of the Insurer's liability under that sub-section and relinquish the conduct of any defense settlement or proceedings and the Insurer shall not be responsible for any damage alleged to have been caused to the insured in consequence of any alleged action or omission of the Insurer in connection with such defense, settlement or proceedings or of the Insurer relinquishing such conduct nor shall the Insurer be liable for any costs or expenses whatsoever incurred by the insured or any claimant or other person after the Insurer shall have relinquished such conduct.

4.The Insurered may at its own option repair, reinstate or replace the Motor ... vehicle or part thereof and/or its accessories or may pay in cash the amount of the loss or damage and the liability of the Insurer shall not exceed the actual value of the parts damaged or lost plus the reasonable cost of fitting and shall in no case exceed the insured's estimate of the value of the motor vehicle (including accessories thereon) as specified in the schedule or the value of the Motor Vehicle (including accessories thereon) at the time of the loss or damage whichever is less.

5.The Insured shall in respect of any vehicle described in the schedule hereto take all reasonable steps to safeguard it from loss or damage and to maintain it in a condition which is both efficient and safe for use on road and for the purposes described in the Policy and schedule, and the Insurer shall have at all times free and full access to examine such vehicle or any part thereof and any driver or employee of the insured. In the event of an accident or break-down such vehicle shall not be left unattended without proper precautions being taken to prevent further damage or loss and if such vehicle be driven before the necessary repairs are effected any extension of the damage or further accident arising shall be entirely at the insured's own risk.

6.Every change in the circumstances affecting the risks insured or the

insured's interest in any vehicle described in the schedule shall be

immediately notified to the Insurer in writing. No transfer of interest in this Policy shall be valid until the Insurer shall have agreed thereto in writing.

7.The Insurer may cancel this Policy by sending seven days' notice by

letter to the insured at his last known address and in such event will return to the insured the premium paid less the pro rata portion thereof for the period the policy has been in force or the policy may be cancelled at any time by the insured on seven days' notice and (provided no claim has arisen during the then current period of insurance) the insured shall be entitled to a return of premium less premium at the Insurer's short period rates for the period the Policy has

been in force.

8.If at the time any claim arises under this policy there is any other existing insurance covering the same loss, damage or liability the Insurer shall not be liable to pay or contribute more than its ratable

proportion of any loss, damage, compensation, costs or expense. Provided always that nothing in this condition shall impose on the

Insurer any liability from which but for this condition it would have been relieved under proviso (a) of Section II-3 of this policy.

9.If any difference shall arise as to the amount to be paid under this Policy (liability being otherwise admitted) such difference shall be referred to an

arbitrator to be appointed by the parties in accordance with the statutory provisions in that behalf for the time being in force. Where any difference is by this condition to be referred to arbitration the making of an award shall be a condition precedent to any right of action against the Insurer.

10.The due observance and fulfillment of the terms, conditions and exceptions of this Policy in so far as they relate to anything to be done or complied with by the insured and the truth of the statements and answers in the said proposal shall be conditions precedent to any liability of the Insurer to make any payment under this policy.

THE INSURER: FBN GENERAL INSURANCE LTD.

THE INSURED:

ADDRESS:

BUSINESS/PROFESSION:

Period of insurance:	(a) From TO (Both dates inclusive)
	(b) Any subsequent period for which the Insured shall pay
	and the Insurer agrees to accept a renewal premium.
Geographical Area:	Nigeria
The Motor Vehicle:	As detailed below: -

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Reg. Number	Make	Body Type	No.of Passengers	Estimate Of Val.& accessories
		TBA		=N=

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Limits of Liability:

Limit of the amount of the Insurer's liability under:-

Section I (3) .............…………………20% of the agreed cost of repair

Section II (1)-a in respect of any person (other than a passenger carried by reason of or in pursuance of a contract of employment) being carried in or entering or getting onto or alighting from the vehicle,

(i)in respect of death of or bodily injury to any one person =N=75,000.00

(ii)in respect of a series of claims arising out of one event .. .=N=300,000.00

B. In respect of any other person...……………………………………................................Unlimited

Section II (1)-b in respect of any one claim arising out of one event=N=1,000,000.00

Section III- in respect of any one accident . . . ………… . . . . . . . . . . .=N25,000.00

Authorised Repair Limit: Section 1 (4) …………………....……2% of the sum insured.

Excess (see overleaf)-

Legislation: The Motor Vehicles (Third Party Insurance) Act 1945

LIMITATION AS TO USE:

Use only for social, domestic & pleasure purposes and for the insured’s business.

The policy does not cover use for hire or reward or for racing, pace-making reliability trail, speed-testing or use for any purposes in connection with Motor trade.

DRIVER: Any of the following:-

(a)The Insured may also drive a Motor Car not belonging to him and not hired to him under a hire purchase agreement.

(b)Any other person who is driving on the insured's order or permission.

Provided that the person driving is permitted in accordance with the licensing or other laws or regulations to drive the motor vehicle or has been so permitted and is not disqualified by order of a court of law or by reason of any enactment or regulation in that behalf from driving such Motor Vehicle.

Renewal Date: .

Premium Due: =N=

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	For: FBN GENERAL INSURANCE LTD.

1.JURISDICTION CLAUSE

The indemnity provided herein shall not apply to compensation for damages in respect of judgements delivered or obtained in the first instance in a court of competent jurisdiction outside Nigeria.

2.ENDORSEMENT ON MOTOR ACCESSORIES

The Insurer will indemnify the insured against loss of or damage to the in-built accessories:-

A.(communication and safety equipment permanently fitted on the vehicle, manufacturer’s tool kit) whilst such item(s) is (are) in or on the motor vehicle where such loss or damage is occasioned by theft or attempt thereat. Provided always that the liability of the Insurer shall be limited to a reasonable market value or 2% of the value of the car whichever is less.

B.Where the accessories are separately purchased (not in-built) and fitted by the insured these items shall be declared at inception and an additional premium charged and paid accordingly.

C.In consideration of the payment of an additional premium it is hereby understood and agreed that the Insurer will indemnify the insured against loss or damage to the accessories as herein declared whilst such item(s) is (are) on motor vehicle. Provided always that the liability of the Insurer shall be limited to the value of the accessories less depreciation and excess as the case may be.

3.PARTS REPLACEMENT CLAUSE

In the event of loss or damage to the Motor vehicle and/or its accessories insured

under this policy necessitating the supply of a spare part obtainable from stocks held in the country in which the motor vehicle is held for repair the Insurer’s liability in respect of any part shall be limited to the cost of repairs as per the repairer’s estimate acceptable to the Insurer. The insured has no right to abandon the said Motor

Vehicle to the Insurer whether as a result of unavailability of spare part or otherwise.

4. IMMOBILIZER WARRANTY

It is hereby warranted that during the currency of this policy, any vehicle hereby used will be fitted with an immobilizer or pedal lock or steering lock or burglar alarm and that the device(s) shall be put into operation at all times when the vehicle is not in use.

5.LEARNER DRIVER’S WARRANTY

Warranted that the Insurer shall not be liable to make any payment in respect of any accident, loss, damage or liability caused or arising whilst the Motor Vehicle described in the schedule to this policy is being driven by a learner driver except the learner driver is driving on the instruction of an experienced licensed driver in the same vehicle at the time of such accident, loss, damage or liability.

6.INTOXICATING LIQUORS OR DRUG WARRANTY

Warranted that the Insurer shall not be liable to make any payment in respect of any accident, loss, damage or liability caused or arising whilst the Motor Vehicle in connection with which insurance or indemnity is granted hereunder is being driven by the insured (or by any other person provided he is in the insured’s employment and or is driving on his order and with his permission) whilst under the influence of or whilst his efficiency as driver is impaired by intoxicating liquors or drugs.

8.THEFT EXCESS

In respect of any claim arising consequence of theft or any attempt thereat of the insured’s Vehicle, the Insured shall be responsible for 10% of the claim. This amount shall be in substitution for and not in addition to any other amount payable by the insured stipulated in the Policy or any endorsement thereto.

9.TOTAL LOSS SETTLEMENT ON PRE-ACCIDENT VALUE BASIS

The estimated value of the Vehicle(s) shown in this Policy is not necessarily the amount payable by the Insurer in the event of a total loss since their liability is limited to the market value of the Vehicle(s) immediately prior to the date of loss or value shown in the Policy whichever is the lesser.

10.FIRE WARRANTY

Warranted that no liability attaches to the Insurer under this policy for loss or damage caused by fire to the vehicle(s) insured in the policy unless the said vehicle(s) carries a fire extinguisher at all times, which shall be caused to put off any fire from the car.

11.DEPRECIATION & TOTAL LOSS CLAUSE

In the event of loss or damage to the insured vehicle caused by perils covered by the policy, where the adjusted estimate of repairs exceeds 60% of the sum insured of the insured vehicle, the Insurer may at its option regard the loss or damage to the vehicle as “Constructive Total Loss”. In which case the Insurer shall pay the insured the sum less depreciation at the rate of 10% per annum or ratable proportion stated below for period of use less than a year and the damaged vehicle shall become the property of the Insurer and may be disposed at its discretion.

Up to 3 months	- 2.5%
Above 3 months up to 6 months	- 5.0%
Above 6 months up to 9 months	- 7.5%
9 months up to 1 year	- 10%

12. POLICY EXCESS - ACCIDENTAL DAMAGE - 10% OF CLAIM.

Section I (Loss/Damage)	≡	10% of claim.
Section I (Loss/Damage)	≡	10% of claim.

Section II (Third Party Property Damage Excess)	≡	10% of claim.
Section II (Third Party Property Damage Excess)	≡

MOTOR PROPOSAL FORM

CUSTOMER INFORMATION

NOTE: Fields marked with * are required.

Acct Number

Check Individual

Phone Number

First Name

Middle Name

Last Name

Gender

Date of Birth

Occupation

Company Name

Address

Nationality

VEHICLE INFORMATION

Registration No. *

Make of Vehicle *

Model of Vehicle *

Year of make *

Engine Number *

Chasis No. *

Vehicle Color *

Date of Purchase *

Type of Cover *

Value of Vehicle - Sum to be Insured *

Vehicle Purpose of use *

Private Commercial

Upload Supporting Documents

NB: You are required to upload scanned copy of the following documents. Size of each file must not exceed 1mb and format must be in PDF, JPEG or PNG.

Document 1 (Vehicle License) *

Document 2 (Proof of Ownership)

Document 3 (Photo of the Vehicle) *

Document 4 (Means of Identification) *

Document 5 (Direct Debit Mandate/Utility Bill)

Upload Supporting Documents

NB: You are required to upload scanned copy of the following documents. Size of each file must not exceed 1mb and format must be in PDF, JPEG or PNG.

Document 1 (Vehicle License) *

Document 2 (Direct Debit Mandate)

Document 3 (Means of Identification) *

Document 4 (Utility Bill)

SANLAM Data Protection Consent Clause

I (the Data Subject) hereby affirm that in line with the Nigeria Data Protection Regulation, 2019 (NDPR), I consent to the collection and processing of my personal data/information (within or outside Nigeria) in the absence of any fraud, duress, undue influence or coercion for the purpose of forming the basis of this insurance proposal/contract and other necessary data processing activities which may arise therefrom, including for the performance of the insurance contract between myself and SANLAM General Insurance Ltd. I affirm that I have the requisite capacity under the law to consent to the collection and processing of my personal data.

I further consent to the processing of my personal data, including transfer of my personal data to any third party for reasons associated with the purpose for which the data is being processed as stated above or processing for the marketing of SANLAM General Insurance Limited��s existing or future products. I authorize and consent that medical practitioners who may be in possession of, or hereafter acquire any information pertaining to my medical records may disclose such information to SANLAM General Insurance.

I affirm that I am aware and take cognizance of my rights under the NDPR which include the right to request for access, amendment, rectification or cancellation or destruction of my personal data/information, the right to lodge complaint with the relevant authority as well as the right to object to the processing of my personal data.

Declaration

I hereby declare that the above statements and particulars are true and correct, and I agree that this proposal and declaration shall be the basis of a contract of insurance between me and the company (SANLAM General Insurance) ; such contract to be expressed in the form of a policy (click here to read policy document). I am willing to accept a policy subject to the terms, exception and conditions prescribed by the company (SANLAM General Insurance) therein. I undertake that the vehicle to be insured shall only be driven by my authorized nominee and also shall not be driven by any person who to my knowledge is not legally authorized to drive, or has been refused any motor vehicle insurance/continuance thereof.

I also hereby affirm that in line with the Nigeria Data Protection Regulation, 2019 (NDPR) , I consent to the collection and processing of my personal data/information in line with the consent clause of the data protection regulation. Click here to read the Consent Clause.

check to confirm declaration above

check to confirm acceptance of policy terms, exceptions and conditions

Date 2024-04-16