MOBILE INSURANCE

TPL Insurance
11th & 12th Floor, Centrepoint, Off Shaheed-e-Millat Expressway,
Adjacent KPT Interchange, Karachi. Postal Code: 74900.
PABX: (021) 37130223 Fax: (021) 35316031-35316032
Email: [email protected] Website: www.tplinsurance.com
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MOBILE INSURANCE

Whereas the insured named in the schedule hereto has made to the TPL INSURANCE LTD (hereinafter called
“the insurers; ) a proposal form which, together with any other statements made in writing by the insured for the
purpose of this policy, is deemed to be incorporated herein,
Now this policy of insurance witnesses that, subject to the insured having paid to the insurers the premium
mentioned in the schedule and subject to the terms, exclusions, provisions and conditions contained herein or
endorsed and to the extent hereinafter provided.

This policy applies whether the insured items are at work or at rest or during transit anywhere within Pakistan
ONLY,

GENERAL EXCLUSIONS

The insurers shall not indemnify the insured in respect of loss or damage directly or indirectly caused by or
arising out of or aggravated by :

A) War, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, strike,
lock-out, civil commotion, military or usurped power, a group of malicious persons or persons anting
on behalf of ore in connection with any political organization, Conspiracy, confiscation, mandeering,
requisition or destruction or damage by order of any government de jure or de facto or by any public
authority:
B) Nuclear reaction, nuclear radiation or radioactive contamination:
C) Willful act or willful negligence of the insured or of his representatives.

In any action, suit or other proceeding where the insurers allege that by reason of the provisions of Exclusion a
above, any loss destruction or damage is not covered by this policy the burden of proving that such loss,
destruction or damage is covered shall be upon the insured.

Section 1 – MATERIAL DAMAGE

Scope of cover

The insurers hereby agree with the insured that if at any time during the period of insurance stated in the
schedule or during any subsequent period for which the insured pays and the insurers may accept the premium
for the renewal of this policy, the items or any part thereof entered in the schedule suffer any unforeseen and
sudden accidental and/or physical loss or damage to screen only and/or Theft/Armed holdup of mobile phones
from any cause other than those specifically excluded in a manner necessitating repair or replacement the
insurers will indemnify the insured in respect of such loss or damage as hereinafter provided by payment in cash
replacement or repair (at the insurers’ option) up to an amount not exceeding in any one year of insurance in
respect of each of the items specified in the schedule the sum set opposite thereto and not exceeding in all the
total sum expressed in the schedule as insured hereby

Special Exclusions

The insurers shall not, however be liable for

a. The deductible and depreciation stated in the schedule to be borne by the insured in any one
occurrence if more than one item is lost or damaged in one occurrence the insured shall not
however be called upon to bear more than the highest single deductible applicable to such items
b. Loss or damage directly or indirectly caused by or arising out of earthquake, Volcanic eruption,
tsunami, hurricane, cyclone or typhoon.
c. Loss or damage caused by any faults or defects existing at the time of commencement of this
policy within the knowledge of the insured or his representatives, whether such faults or defects
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were known to the insurers or not

d. Loss or damage directly or indirectly caused by the failure or interruption of any gas water or
electricity service or supply
e. Loss or damage as a direct consequence of the continual influence of operation (e.g, wear and tear,
cavitation, erosion, corrosion, incrustation) or of gradual deterioration due to atmospheric conditions
f. Any costs incurred in connection with the elimination of functional failures, unless such failures were
caused by an indemnifiable loss of or damage to the insured items
g. Any costs incurred in connection with the maintenance of the insured items such exclusion also
applying to parts exchanged in the course of such maintenance operations
h. Loss or damage for which the manufacturer or supplier of the insured items is responsible either by
law or under contract
i. Loss of or damage to rented or hired equipment for which the owner is responsible either by low or
under a lease and/or maintenance agreement
j. Consequential Loss or liability of any kind or description
k. Loss, usage or corruption of data, images, games, logos, wallpaper, videos or download due to
theft, damage or breakdown of the assured’s mobile due to theft, damage or breakdown or damage
caused by virus.
l. Any damages covered under the manufacturing warranty

In respect of the parts mentioned under i) and m) above, the insurers shall be liable to provide compensation in
the event that such parts are affected by an indemnifiable loss or damage to the insured items

Provisions

Memo 1- Sum Insured

It shall be a requirement of this insurance that the sum insured is equal to the cost of replacement of the insured
items by new items of the same kind and capacity which means their replacement costs including e.g. freight,
customs duties and dues, if any and if the sum insured is less than the amount required to be insured the
insurers shall pay only in such proportion as the sum insured bears to the amount required to by insured. Every
item if more than one shall be subject to this condition separately.

Memo 2- Basis of indemnity

a. In cases where damage to an insured item can be repaired the insurers shall pay expenses
necessarily incurred to restore the damaged item to its former state of serviceability plus the cost of
dismantling and re-erection incurred for the purpose of effecting the If the costs of repairs as
detailed hereinabove equal or exceed the actual value of the insured items immediately before the
occurrence of the damage the settlement shall be made on the basis provided for in b) below.
b. In cases where an insured item is destroyed or stolen/theft the insurers shall pay the actual value of
the item immediately before the occurrence of the loss such actual value to be calculated by
deducting depreciation as per below slab from the replacement value of the item

C. DEPRECIATION ON PURCHASE PRICE

Percentage Months
20% From day 1st Upto 1st Month
30% From 2nd Upto 3rd Month
40% From 4th Upto 5th Month
50% From 6th Upto 7th Month
60% From 8th Upto 12thMonth

(Minimum of 10% depreciation will be charged to customer if claim lodged before warranty startup date)
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c. The insurers shall also pay any normal charges for the dismantling of the item destroyed but the
value of any salvage shall be taken into account. The Insurance shall make payments only after
being satisfied by production of the necessary bills and documents that the repairs have been
affected or replacement has taken place, as the case may be.

GENERAL CONDITIONS

The due observance and fulfillment of the terms of this policy in se for as they relate to anything to be done or
complied with by the insured that, and the truth of the statements and answers in the questionnaire and
proposal made by the Insured shall be a condition precedent to any liability of the insurers.

1 The schedule and the section (s) shall be deemed to be in corporate and form part of this policy and
the expression’’ this policy’’, wherever used in this contract, shall be read as including the schedule
and the section (s). Any word or expression to which a specific meaning has been attached in any
part of the policy, or of the schedule or of the section(s) shall bear such meaning wherever it may
appear.
2 The Insured shall at his own expense take all reasonable precautions and comply with all reasonable
precautions of the Insurers to prevent loss or damage & comply with statutory requirements and
manufactures recommendations.
3 a) Representatives of the Insurers shall at any reasonable time have the right to inspect and
examine the risk and the Insured shall provide the representatives of the Insurers with all details and
information necessary for the assessment of the risk.
b) The Insured shall immediately notify the insurers any material change in the risk and cause at
his own expense such additional precautions to be taken as circumstances may require to ensure
safe operation of the insured items, and the scope of cover and/or premium shall, if necessary, be
adjusted accordingly, no material alteration shall be made or admitted by the insured whereby the
risk is increased, unless the continuance of the cover provided under this policy is confirmed in
writing by the insurers.
4 In the event of any occurrence which might give rise to a claim under this policy, the Insured shall
a) Immediately notify the Insurers, giving an indication as to the nature and extent of the loss or
damage.
b) Take all reasonable steps with in his power to minimize the extent of the loss or damage,
c) Preserve the parts affected and make them available for inspection by a representative or
surveyor of the Insurers,
d) Furnish all such information and documentary evidence as the Insurer may require,
e) Inform the police authorities in the case of loss or damage due to burglary.

The insurers shall on no account be liable for loss or damage of which no notice has been received by the
insurers within 14 days of its occurrence upon notification being given to the insurers under this condition the
insured may carry out repairs of or make good any minor damage in all other cases a representative of the
insurers shall have the opportunity of inspecting the loss or damage before any repairs or alterations are
effected. If a representative of the insurers does not carry out the inspection within a period of time which could
be considered adequate under the circumstances the insured shall be entitled to proceed with the repairs or
replacement.
The liability of the insurers under this policy in respect of any insured item shall cease if said item is kept in
operation after a claim without being repaired to the satisfaction of the insurers or if temporary repairs are
carried out without the insurer’s consent.

5 The insured shall at the expense of the insurers do and concur in doing and permit to be done all
such acts and things as may be necessary or required by the insurers in the interest of any rights or
remedies or of obtaining relief or indemnity from parties other than those insured under this policy to
which the insurers are or would become entitled or which is or would be subrogated to them upon
their paying for or making good any loss or damage under this policy, whether such acts and things
are or become necessary or required before or after the insured’s indemnification by the insurers.
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6 Each coverage of the policy mentioned in the schedule will be terminated once any claim paid
during the policy period as the policy issued on first loss basis.

7 a) If the proposal or declaration of the insured is untrue in any material respect, or if any claim
made is fraudulent or substantially exaggerated, or statement is made in support, thereof, then this
policy shall be void and the insurers shall not be liable to make any payment hereunder.
b) in the event of the insurers disclaiming liability in respect of any claim and if an action or suit
is not commenced within three months after such disclaimer or (in the case of arbitration taking
place in pursuance of condition 7 of this policy) within three months after the award, all benefit
under this policy in respect of such claim shall be forfeited.
8. If at the time any claim arises under this policy there is any insurance covering the same loss or
damage, the insurers shall not be liable to pay or contribute more than their ratable proportion or
any claim for such loss or damage.
9. This policy may be terminated at the request of the insured at any time, in which case the insurers
will retain the customary short-period rate for the time this policy has been in force. This policy may
equally be terminated at the option of the insurers by seven days’ notice to that effect being given to
the insured, in which case the insurers will be liable to repay on demand a ratable proportion of the
premium for the unexpired term from the date cancellation less any responsible inspection charges
the insurers may have incurred
10. The indemnity shall be payable within a reasonable time after determination by the insurers of the
full a mount due. Notwithstanding the above, the insured may, one month after the Insurers have
been duly notified of the loss and have acknowledged their liability, claim as an instalment the
minimum amount payable under the prevailing circumstances. The running of the periods shall be
suspended for the time during which the indemnity is unascertainable or not payable due to reasons
within the Insured’s control.
The Insurers shall be entitled to withhold indemnification.
a) If there are doubts regarding the insured’s right to receive the indemnity, pending receipt by the
insurers of the necessary proof;
b) If in connection with the claim an examination by the police or an inquiry under criminal law has
been instituted against the insured, pending completion of such examination or inquiry.