OUTDOOR COVER Mechanical Breakdown Insurance

OUTDOOR COVER Mechanical Breakdown Insurance Sales Guide With age and mileage, all moving, and non-moving, components deteriorate in a motor vehicle ...
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OUTDOOR COVER Mechanical Breakdown Insurance Sales Guide

With age and mileage, all moving, and non-moving, components deteriorate in a motor vehicle and the likelihood of failure increases. A mechanical breakdown insurance policy (warranty) will assist with a payment toward such a failure. The amount of financial assistance given is determined by the age and the mileage of the vehicle at time of policy purchase. A warranty thereby reduces the cost of vehicle ownership. PRODUCT SPECIFICATIONS: −− Eligibility: Motorcycles, off-road bikes, quads, jet-skis, wetbikes, inboard and outboard motors and caravans −− Period of cover: 1 or 2 years −− Effective date: −− New items: Immediately after the manufacturer’s warranty expires −− Used items: The day the policy was bought or on the date the manufacturer’s warranty expires (if applicable)

−− Servicing at either a factory appointed dealer or RMI registered facility

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

ITEMS CATEGORIES: −− Motorcycles: −− Benefit 1: Motorcycles not previously registered −− Benefit 2: Motorcycles less than 1 year old (12 months from the first date of registration) and less than 15 000km −− Benefit 3: Motorcycles less than 5 years old (60 months from the first date of registration) and less than 60 000km −− Benefit 4: Motorcycles other than the above, which are less than 10 years old (120 months from the date of registration) and less than 100 000km

−− Inboard and Outboard Motors, Wetbikes and Jet Skis: −− Plan N: Items less than 6 months old and less than 75 hours −− Plan A: Items less than 5 years old (60 months from the first date of registration) and less than 300 hours −− Plan B: All other items that do not fall into the above categories

−− Caravans: −− Caravans that are 1 to 10 years old −− Caravans that are 10 to 20 years old

SCHEDULE OF BENEFITS - MOTORCYCLE (IF A COMPONENT IS NOT LISTED IN THE POLICY WORDING, IT IS NOT COVERED) COMPONENTS COVERED: MAXIMUM 125cc

Benefit 1

Benefit 2

Benefit 3

Benefit 4

Engine, Transmission

R 7 500

R 6 000

R 5 000

R 4 000

Drivetrain

R 4 000

R 3 500

R 3 000

R 2 500

Suspension, Braking System

R 2 500

R 2 000

R 1 500

R 1 250

Fuel System, Electrical Components, Electronic Ignition

R 2 000

R 1 500

R 1 000

R 750

Cooling System

R 1 500

R 1 250

R 1 000

R 750

Alarms or Immobilisers

R 1 000

R 1 000

R 1 000

R 1 000

Recovery Charges, Overnight Accommodation, Motorcycle Hire or Public Transport

R 500

R 500

R 500

R 500

Instalment Payment Protection

R 1 000

R 1 000

R 1 000

R 1 000

Roadside Assistance

Included

Included

Included

Included

R 1 250

R 1 250

R 1 250

R 1 250

ADDITIONAL BENEFITS

PLEASE NOTE Overheating, Overfueling

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

SCHEDULE OF BENEFITS - MOTORCYCLE (IF A COMPONENT IS NOT LISTED IN THE POLICY WORDING, IT IS NOT COVERED) COMPONENTS COVERED: MAXIMUM 600cc

Benefit 1

Benefit 2

Benefit 3

Benefit 4

Engine

R 15 000

R 12 000

R 10 000

R 8 000

Transmission

R 12 000

R 10 000

R 8 000

R 6 000

Drivetrain

R 8 000

R 7 000

R 6 000

R 5 000

Suspension, Braking System

R 5 000

R 4 000

R 3 000

R 2 500

Fuel System, Electrical Components, Electronic Ignition

R 4 000

R 3 000

R 2 000

R 1 500

Cooling System

R 3 000

R 2 500

R 2 000

R 1 500

Alarms or Immobilisers

R 1 000

R 1 000

R 1 000

R 1 000

Recovery Charges, Overnight Accommodation, Motorcycle Hire or Public Transport

R 500

R 500

R 500

R 500

Instalment Payment Protection

R 1 000

R 1 000

R 1 000

R 1 000

R 2 500

R 2 500

R 2 500

R 2 500

ADDITIONAL BENEFITS

Roadside Assistance Included PLEASE NOTE Overheating, Overfueling

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

SCHEDULE OF BENEFITS - MOTORCYCLE (IF A COMPONENT IS NOT LISTED IN THE POLICY WORDING, IT IS NOT COVERED) COMPONENTS COVERED: MAXIMUM 800cc

Benefit 1

Benefit 2

Benefit 3

Benefit 4

Engine

R 30 000

R 24 000

R 20 000

R 16 000

Transmission

R 25 000

R 20 000

R 16 000

R 12 000

Drivetrain

R 16 000

R 14 000

R 12 000

R 10 000

Suspension, Braking System

R 15 000

R 8 000

R 6 000

R 5 000

Fuel System, Electrical Components, Electronic Ignition

R 8 000

R 6 000

R 4 000

R 3 000

Cooling System

R 8 000

R 4 000

R 3 000

R 2 000

Alarms or Immobilisers

R 1 000

R 1 000

R 1 000

R 1 000

Recovery Charges, Overnight Accommodation, Motorcycle Hire or Public Transport

R 1 000

R 1 000

R 1 000

R 1 000

Instalment Payment Protection

R 500

R 500

R 500

R 500

R 5 000

R 5 000

R 5 000

R 5 000

ADDITIONAL BENEFITS

Roadside Assistance Included PLEASE NOTE Overheating, Overfueling

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

SCHEDULE OF BENEFITS - MOTORCYCLE (IF A COMPONENT IS NOT LISTED IN THE POLICY WORDING, IT IS NOT COVERED) COMPONENTS COVERED: GREATER THAN 800cc

Benefit 1

Benefit 2

Benefit 3

Benefit 4

Engine

R 45 000

R 36 000

R 30 000

R 24 000

Transmission

R 30 000

R 25 000

R 21 000

R 17 000

Drivetrain

R 20 000

R 18 000

R 16 000

R 14 000

Suspension, Braking System

R 25 000

R 15 000

R 10 000

R 8 000

Fuel System, Electrical Components, Electronic Ignition

R 10 000

R 8 000

R 6 000

R 5 000

Cooling System

R 11 000

R 7 000

R 6 000

R 5 000

Alarms or Immobilisers

R 1 000

R 1 000

R 1 000

R 1 000

Recovery Charges, Instalment Payment Protection

R 1 000

R 1 000

R 1 000

R 1 000

Overnight Accommodation, Motorcycle Hire or Public Transport

R 500

R 500

R 500

R 500

R 7 000

R 7 000

R 7 000

R 7 000

ADDITIONAL BENEFITS

Roadside Assistance Included PLEASE NOTE Overheating, Overfueling

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

SCHEDULE OF BENEFITS - INBOARD AND OUTBOARD MOTORS, WETBIKES AND JET-SKIS Components Covered

Plan N

Plan A

Plan B

a) Engine

R 30 000

R 18 000

R 12 500

b) Gearbox

R 15 000

R 10 000

R 5 000

c) Impeller System

R 12 000

R 7 000

R 3 500

d) Hydraulic System

R 6 000

R 4 000

R 3 000

e) Management System

R 6 000

R 4 000

R 3 000

f) Electrical Components

R 6 000

R 4 000

R 3 000

g) Electronic Ignition

R 5 000

R 3 000

R 2 000

h) Gauges

R 4 000

R 2 000

R 1 000

i) Steering Mechanism

R 3 000

R 1 750

R 750

j) Trailer Wheel Bearing

R 1 000

R 750

R 500

SCHEDULE OF BENEFITS – CARAVANS Components Covered

Limit of Liability

a) Woodrot

R 10 000

b) Aluminum Sides

R 8 000

c) Power Pack

R 4 000

d) Refrigerator

R 3 500

e) Gas Unit

R 1 500

f) Trailco or Alko

R 1 500

g) Interior Lighting

R 1 200

h) Microwave

R 1 000

i) Wheel Bearings

R 1 000

* Please note that the above is a summary of the components covered. Please refer to the policy wording for a detailed list of all the components covered.

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

PREMIUM DETAILS (INCL. VAT AT 14%) Motorcycle

Maximum 125cc

Maximum 600cc

Maximum 800cc

Greater than 800cc

Premium

R 1 650.00

R 2 150.00

R 3 050.00

R 3 750.00

12.5% Commission

R 206.25

R 268.75

R 381.25

R 468.75

Inspection Fee

R 200.00

R 250.00

R 350.00

R 550.00

SA Warranties Binder Services Fee

R 123.75

R 161.25

R 228.75

R 281.25

Including Wear and Tear Waiver

Maximum 125cc

Maximum 600cc

Maximum 800cc

Greater than 800cc

Premium

R 1 950.00

R 2 750.00

R 4 050.00

R 5 050.00

12.5% Commission

R 243.75

R 343.74

R 506.25

R 631.25

Inspection Fee

R 200.00

R 250.00

R 350.00

R 550.00

SA Warranties Binder Services Fee

R 146.25

R 206.25

R 303.75

R 378.75

Inboard and Outboard Motors, Wetbikes and Jet-Skis

1 Year

2 Years

Premium

R 4 000.00

R 5 000.00

12.5% Commission

R 500.00

R 625.00

Inspection Fee

R 750.00

R 750.00

SA Warranties Binder Services Fee

R 300.00

R 375.00

Caravans

Caravans < 10 Years – 1 Year

Caravans < 10 Years – 2 Years

Caravans > 10 – 15 Years – 1 Year

Caravans > 10 – 15 Years – 2 Years

Premium

R 2 700.00

R 4 000.00

R 3 500.00

R 4 700.00

12.5% Commission

R 337.50

R 500.00

R 437.50

R 587.50

Inspection Fee

R 250.00

R 250.00

R 250.00

R 250.00

SA Warranties Binder Services Fee

R 202.50

R 300.00

R 262.50

R 352.50

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

OUTDOOR COVER | Mechanical Breakdown Insurance

EXCLUSIONS: You are not covered for the following:

−− Components that were broken or had failed before the policy started −− Repairs that have not been authorised by us −− Any repairs if the odometer is not working or has been changed in any way or has been disconnected or replaced without our authority

−− −− −− −− −− −− −−

Damage resulting from oil leaks or for oil leaks themselves Damage to drive shafts or steering racks as a result of damaged rubber boots Damage caused by incorrect fuels or lubricants, unreasonable use, improper servicing or malicious damage Damage caused by a road accident Damage to vehicles that have been altered in any way from the manufacturer’s specifications Any components that are not listed under schedule of benefits Any components that are still covered by the manufacturer’s or supplier’s warranty at the time of the mechanical breakdown or electrical failure

−− Damage to all electrical wiring −− Service items or items that need to be changed at specific or regular intervals such as oil, grease, filters, hydraulic fluid, additives and anti-freeze, spark plugs, “v” and cambelts, consumables and the like

−− Faults in workmanship or materials paid for by us on your behalf −− Costs or expenses that you can recover from your motor insurance policy −− Resultant damage (where a covered component is damaged by the mechanical breakdown or electrical failure of a non-covered component)

HOW TO CLAIM? When you become aware of a mechanical breakdown or electrical failure:

−− Take the vehicle to an SA Warranties approved dealer, Claims Office 0860 WARRANTY (927 726) −− Please have the following information available when calling: −− your name and contact details −− your policy number −− the covered item’s current kilometre reading −− the nature of the mechanical breakdown or electrical failure −− the name and address of the repairer

Imperial Auto Warranties and Mechanical Breakdown Insurance products are underwritten by Regent Insurance Company Ltd, a licensed short-term insurer, company reg. no. 1966/007612/06 and an authorised financial services provider, FSP Licence number 25511 and administrated by SA Warranties, an authorised financial services provider, FSP Licence number 21799.

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