Insurance
Class of Insurance : Motor Fleet Insurance
Intermediary : Winner Insurance Agencies Pte Ltd
Insured : Kah Motor Co Sdn Bhd
Nature of Business : Rental & Leasing of Honda Vehicles
Period of Insurance : 29/04/2010 to 28/4/2011
Insured Vehicles : KahShare Vehicles
Coverage : Third Party Fire and Theft (against liabilities to third parties only).
Section II - Liabilities to Third Parties :
Indemnity for legal liability for
(a) death or bodily injury to any person except those excluded under the exclusions – unlimited cover
(b) damage to property up to S$500,000 any one claim or series of claims arising out of one event
(c) All costs and expenses incurred with the company’s written Consent.
Exceptions to Section II –
The company shall not be liable in respect of
(i) death or bodily injury or damage caused or arising beyond the limits of any carriageway or thoroughfare in connection with the bringing of the load to the Motor Vehicle for loading thereon or the taking away of the load from the Motor Vehicle after Unloading therefrom.
(ii) death or bodily injury to any person in the employment or use of the insured arising out of and in the course of such employment.
(iii) damage to property belonging to held in trust by or in the Custody of or control of the insured or a member of the insured’s
household or being conveyed by the Motor Vehicle.
(iv) damage to any bridge weighbridge or viaduct or to any road or anything beneath by vibration or by the weight of the Motor
Vehicle or of the load carried by the Motor Vehicle.
(v) damage to property caused by sparks or ashes from the Motor Vehicle if steam driven.
(vi) damage to property caused by or arising out of the explosion of a boiler forming part of attached to or in the Motor Vehicle.
(vii) death or bodily injury caused by or arising out of the explosion of a boiler or a boiler forming part of attached to or on the Motor Vehicle except so far as is necessary to meet the requirements of the Legislation.
(viii) compensation for damages in respect of judgements not in the first instance delivered by or obtained from a Court of
Competent jurisdiction within West Malaysia or the Republic of Singapore.
(ix) costs and expenses of litigation recovered by any claimant from the insured which are not incurred in and recoverable in
West Malaysia or the Republic of Singapore.
(x) Failure to report any accident within 24 hours of occurance. liability insurance coverage described in this paragraph is void and Kah Motor provides no liability insurance to member/user under this agreement. Member/user will thus be fully responsible to both KahShare vehicle and third party vehicle. Excess clause will thus be deemed void and members/user will be responsible for ALL claims.
(Full terms and conditions to refer to AXA Commercial Vehicle Policy jacket attached)
Extensions/Benefits :
Loss or damage to the vehicle by :
(a) Fire, external explosion or lightning
(b) Burglary, housebreaking or theft
Passenger Risk
Cover whilst driven by a Motor Trader
Legal Liability of Passengers for Negligent Acts
Breakage of Glass in Windscreen or Windows – Limit : S$1,000
Motor Claims Framework : Claims Procedure as attached.
