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.