Indicative Quote - Commercial - 611235305
Indicative Quote - Commercial - 611235305
Indicative Quote - Commercial - 611235305
Dear
We have attached the indicative quote you requested. The premiums quoted as well as our acceptance of the risk is
dependent on the completion of full underwriting.
We challenge you to do things your way. Phone us on 0860 64 64 64, or request a callback on www.miway.co.za to finalise the
quoting process.
Kind regards
Please take note that this is an indicative quote and is in no way binding. The premiums quoted as well as our terms, conditions and acceptance
of the risk is dependent on completion of full underwriting and approval by a MiWay Underwriter.
Business Name NKANYEZI PLANT AND LOGISTICS (PTY) Company Registration Number 202229257907
LTD
E-mail Address [email protected]
Physical Address 3 Eton Road, Parktown
Contact Person Contact Number
Summary of Cover
1 Motor R 620.95
Sasria
2 Goods in Transit R 50.00
The premium is linked to the policy contract, which MiWay may amend by giving you 31 days' notice, and further will be adjusted based on items
added or removed during the life of the policy. Your premium must be paid in advance on the preferred collection date according to your
payment frequency. If your premium is not received on your preferred collection date, an attempt may be made to collect your premium in future
on a more suitable date in an effort to keep you covered. The debit amount/premium will be collected from the bank details below, which are not
displayed in full for your protection and security. Please check your nominated account as it is your responsibility to ensure your premium is
paid.
Account Holder Banking Institution
Branch Name Branch Code
Account Type Account Number
Payment Frequency Preferred Collection Date
This Coversheet becomes a tax invoice when the above amount has been paid and cover has incepted.
The policyholder has selected to deal with MiWay through a broker. For services rendered by the brokerage, the broker earns 12.5%
commission for motor related risks and 20% commission for other risks on cover. This commission is included in the Total Premium.
Name of Broker ALL DIAMOND RISK SOLUTIONS t/a ALL
DIAMOND RISK SOLUTIONS
Tel 0100231687 FSP Number 50847
E-mail Address [email protected] Registration Number 2014/083751/07
Address 8056 Liberation Street, Midrand VAT Number
Previous Incidents
An incident relates to any accident, loss or event that the policyholder, any member of the business, employee or anyone covered under this
policy, may have suffered in relation to a business irrespective of whether a claim was submitted or not, or whether the item was insured at the
time or not, or whether the item belonged to the policyholder at the time or not.
Has the policyholder or any decision maker in the business had an insurance policy cancelled or been refused renewal by any insurance
company? NO
Has the policyholder had business insurance cover during the last 6 months without any break in the cover? NO
How many years has the policyholder had business insurance cover in total? 0
Needs Analysis
Important to Note
• CHECK-YOUR-DRIVER is a service provider that verifies foreign drivers' credentials. To validate the driving licence or foreign equivalent of
a PrDP (Professional Driving Permit) of your employee, contact Leigh Saayman on 084 597 6542 or email [email protected]
for a quotation.
• Any claims arising from Cybercrime will not be covered. MiWay also does not cover any form of Cyber liability.
The Vehicle
Vehicle Description NISSAN NP200 1.6 A/C SAFETY PACK P/U S/C 2022
Registration Number Engine Number
VIN Number
Is the vehicle financed? YES OTHER
The Insured Value is the maximum that will be paid on any claim. The vehicle is insured for its RETAIL VALUE at the time of an insured event
occurring. The value of non-standard factory-fitted vehicle sound equipment and non-standard vehicle accessories is not included in the insured
value as you need to specify it to have cover.
The Use
The Use describes how the vehicle will be used on a daily basis in any given month. This vehicle will be used for BUSINESS purposes.
Is the vehicle used for business purposes during the night more than 8 trips in any given month? YES
Does the vehicle complete long haul trips that are in excess of 300km per trip? NO
What is the average distance that the vehicle covers in any given month? 3000KM - 4000KM
The Cover
The Security
Tracking Device
Where will the vehicle mostly be during the day and night?
VARIABLE STREET VARIABLE
WORK SUBURB, VARIABLE TOWN,
Daytime Physical Address VARIABLE PROVINCE
3 ETON ROAD PARKTOWN,
Nighttime Physical Address JOHANNESBURG, GAUTENG
Pool Drivers
The POOL DRIVER OPTION has been chosen for this vehicle. Seeing that the vehicle is used as a pool vehicle individual drivers need not be
specified. Anyone is therefore allowed to drive the vehicle provided that they do so legally and adhere to the terms and conditions of the policy.
The Excess
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess payable in case of the specific claim event.
Excess Value
Accident & Intentional R6 000
Theft & Hi-Jack R6 000
Window Glass R1 500
Acts of Nature R6 000
Fire & Explosion R6 000
Third Party Liability R6 000
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Where the licence of the driver at the time of incident is a C1 licence less than four years old or any other licence type
less than two years old. R7 000
Where any incident (excluding window glass only) occurs within 3 months of the inception date of the policy. R5 000
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
• Cover is conditional upon the inspection of the vehicle. The premium will be collected on the agreed date irrespective of whether
confirmation of inspection has been received by MiWay. It is your responsibility to ensure the vehicle gets inspected as you will have no
cover until that has been done.
• MiWay will give you an extension until 21-Sep-2022 to have the required MiWay approved security device installed and services
activated.
• Cover for theft and hijack is conditional on a MiWay Tracker Connect device being installed, active, paid for and in a full working condition
at all times. You must comply with all the Ts and Cs in your agreement with Tracker. Should this device not be installed, however at the
time of the incident a different early warning tracking device is installed, an additional excess of 15% of the claim amount will be payable
for theft and hijack claims. If there is no early warning tracking device active at the time of the incident there will be no cover if the vehicle
is stolen.
Important to Note
• The vehicle is not covered under this policy if used for the following purposes: Traffic control including blue light brigade; law enforcement;
emergency scene towing; motor racing or transporting of dangerous goods unless they are insured under the Goods in Transit section of
this policy. Passengers carried in the goods compartment of any vehicle are not covered under this policy.
• Roadside Assistance will cover the call-out fee for mechanical breakdown, tyre changes and mud recoveries in South Africa, as well as
the initial towing cost to the maximum as stated on the Coversheet for roadside emergencies. The costs to pay for additional towing, parts
and labour will be for the policyholder's account.
• By accepting cover you give MiWay and/or Tracker consent to obtain and share your personal information and data received from the
telematics unit in your vehicle; give Tracker consent to notify MiWay if you are in an accident or if your account with them has been
suspended; give Tracker consent to notify MiWay should your vehicle be stolen or hijacked in order to assist you in managing your risk
and validate claims. The monthly subscription for the service is payable by you to Tracker.
The Vehicle
The Insured Value is the maximum that will be paid on any claim. The vehicle is insured for its RETAIL VALUE at the time of an insured event
occurring. The value of non-standard factory-fitted vehicle sound equipment and non-standard vehicle accessories is not included in the insured
value as you need to specify it to have cover.
The Use
The Use describes how the vehicle will be used on a daily basis in any given month. This vehicle will be used for BUSINESS purposes.
Is the vehicle used for business purposes during the night more than 8 trips in any given month? YES
Does the vehicle complete long haul trips that are in excess of 300km per trip? NO
What is the average distance that the vehicle covers in any given month? 3000KM - 4000KM
The Cover
The Security
Where will the vehicle mostly be during the day and night?
VARIABLE STREET VARIABLE
WORK SUBURB, VARIABLE TOWN,
Daytime Physical Address VARIABLE PROVINCE
3 ETON ROAD PARKTOWN,
Nighttime Physical Address JOHANNESBURG, GAUTENG
Pool Drivers
The POOL DRIVER OPTION has been chosen for this vehicle. Seeing that the vehicle is used as a pool vehicle individual drivers need not be
specified. Anyone is therefore allowed to drive the vehicle provided that they do so legally and adhere to the terms and conditions of the policy.
The Excess
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess payable in case of the specific claim event.
Excess Value
Accident & Intentional R15 000
Theft & Hi-Jack R15 000
Window Glass R1 500
Acts of Nature R15 000
Fire & Explosion R15 000
Third Party Liability R10 000
Mechanical Breakdown Tow R1 500
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Where the driving licence of the person driving this vehicle at the time of incident is less than two years old. R4 000
Where any incident (excluding window glass only) occurs within 3 months of the inception date of the policy. R7 000
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
• There will be no theft and hijack cover if this vehicle does not have a MiWay approved stolen vehicle recovery service device that is
installed, active, paid for, and in full working condition at all times. This may be serviced by Cartrack or any SAIAS or VESA approved
tracking companies.
• Cover is conditional upon the inspection of the vehicle. The premium will be collected on the agreed date irrespective of whether
confirmation of inspection has been received by MiWay. It is your responsibility to ensure the vehicle gets inspected as you will have no
cover until that has been done.
• MiWay will give you an extension until 21-Sep-2022 to have the required MiWay approved security device installed and services
activated.
Important to Note
• The vehicle is not covered under this policy if used for the following purposes: Traffic control including blue light brigade; law enforcement;
emergency scene towing; motor racing or transporting of dangerous goods unless they are insured under the Goods in Transit section of
this policy. Passengers carried in the goods compartment of any vehicle are not covered under this policy.
• Roadside Assistance will cover the call-out fee for tyre changes and mud recoveries in South Africa to the maximum as stated on the
Coversheet for roadside emergencies. The costs to pay for additional towing, parts and labour will be for the policyholder's account.
The Vehicle
The Insured Value is the maximum that will be paid on any claim. The vehicle is insured for its RETAIL VALUE at the time of an insured event
occurring. The value of non-standard factory-fitted vehicle sound equipment and non-standard vehicle accessories is not included in the insured
value as you need to specify it to have cover.
The Use
The Use describes how the vehicle will be used on a daily basis in any given month. This vehicle will be used for BUSINESS purposes.
Is the vehicle used for business purposes during the night more than 8 trips in any given month? YES
Does the vehicle complete long haul trips that are in excess of 300km per trip? NO
What is the average distance that the vehicle covers in any given month? 3000KM - 4000KM
The Cover
The Security
Tracking Device
Where will the vehicle mostly be during the day and night?
VARIABLE STREET VARIABLE
WORK SUBURB, VARIABLE TOWN,
Daytime Physical Address VARIABLE PROVINCE
3 ETON ROAD PARKTOWN,
Nighttime Physical Address JOHANNESBURG, GAUTENG
Pool Drivers
The POOL DRIVER OPTION has been chosen for this vehicle. Seeing that the vehicle is used as a pool vehicle individual drivers need not be
specified. Anyone is therefore allowed to drive the vehicle provided that they do so legally and adhere to the terms and conditions of the policy.
The Excess
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess payable in case of the specific claim event.
Excess Value
Accident & Intentional R30 000
Theft & Hi-Jack R30 000
Window Glass R1 500
Acts of Nature R30 000
Fire & Explosion R30 000
Third Party Liability R10 000
Mechanical Breakdown Tow R1 500
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Where the driving licence of the person driving this vehicle at the time of incident is less than two years old. R4 000
Where any incident (excluding window glass only) occurs within 3 months of the inception date of the policy. R18 000
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
• Cover is conditional upon the inspection of the vehicle. The premium will be collected on the agreed date irrespective of whether
confirmation of inspection has been received by MiWay. It is your responsibility to ensure the vehicle gets inspected as you will have no
cover until that has been done.
• MiWay will give you an extension until 21-Sep-2022 to have the required MiWay approved security device installed and services
activated.
• Cover for theft and hijack is conditional on a MiWay Netstar Easy Fleet device being installed, active, paid for and in a full working
condition at all times. You must comply with all the Ts and Cs in your agreement with Netstar. Should this device not be installed, however
at the time of the incident a different early warning tracking device is installed, an additional excess of 15% of the claim amount will be
payable for theft and hijack claims. If there is no early warning tracking device active at the time of the incident there will be no cover if the
vehicle is stolen.
Important to Note
• The vehicle is not covered under this policy if used for the following purposes: Traffic control including blue light brigade; law enforcement;
emergency scene towing; motor racing or transporting of dangerous goods unless they are insured under the Goods in Transit section of
this policy. Passengers carried in the goods compartment of any vehicle are not covered under this policy.
• Roadside Assistance will cover the call-out fee for tyre changes and mud recoveries in South Africa to the maximum as stated on the
Coversheet for roadside emergencies. The costs to pay for additional towing, parts and labour will be for the policyholder's account.
• By accepting cover you provide MiWay and Netstar permission to obtain and share your personal information and data received from the
device with each other in order to assist you in managing your risk and to validate claims. The monthly subscription for the device is
payable by you to Netstar.
The Trailer
The Insured Value is the maximum that will be paid on any claim. The trailer was insured for R200 000 at the inception of cover. The value of
non-standard factory-fitted accessories is not included in the insured value as you need to specify accessories for them to have cover. In the
event of a valid claim, MiWay will determine a fair and reasonable value taking the age and condition of the trailer as well as historic depreciation
of similar trailers into account should the trailer be stolen or written-off.
The Use
The Use describes how the trailer will be used on a daily basis in any given month.
Is the trailer used for business purposes during the night more than four times in any given month? YES
Will the trailer regularly make long haul trips? NO
The Cover
The Excess
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess that you will have to pay in case of the specific claim event.
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Where the vehicle towing the trailer at the time of incident is driven by a person who has had their license for less than two years or R2 000
has a learners license.
Where this trailer or the policyholder has not had 12 months' uninterrupted Trailer insurance immediately prior to the start date of R2 000
this cover, and any incident (excluding window glass-only) occurs within 3 months of the inception date of the Policy.
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
Conditions of Cover
• Cover is conditional upon the inspection of the trailer. The premium will be collected on the agreed date irrespective of whether
confirmation of inspection has been received by MiWay. It is your responsibility to ensure the trailer gets inspected as you will have no
cover until that has been done.
Important to Note
• Loss or damage caused by theft from a trailer is only covered if there are visible signs of forced entry into that trailer.
• Trailers used for the following purposes are not covered under this policy: Traffic control; law enforcement; emergency scene towing;
transporting of explosives, fireworks, arms & ammunition, asbestos & asbestos products and any hazardous goods where the associated
Goods in Transit are not insured with MiWay. Passengers carried in trailers are not covered under this policy.
The Trailer
The Insured Value is the maximum that will be paid on any claim. The trailer was insured for R200 000 at the inception of cover. The value of
non-standard factory-fitted accessories is not included in the insured value as you need to specify accessories for them to have cover. In the
event of a valid claim, MiWay will determine a fair and reasonable value taking the age and condition of the trailer as well as historic depreciation
of similar trailers into account should the trailer be stolen or written-off.
The Use
The Use describes how the trailer will be used on a daily basis in any given month.
Is the trailer used for business purposes during the night more than four times in any given month? YES
Will the trailer regularly make long haul trips? NO
The Cover
The Excess
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess that you will have to pay in case of the specific claim event.
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Where the vehicle towing the trailer at the time of incident is driven by a person who has had their license for less than two years or R2 000
has a learners license.
Where this trailer or the policyholder has not had 12 months' uninterrupted Trailer insurance immediately prior to the start date of R2 000
this cover, and any incident (excluding window glass-only) occurs within 3 months of the inception date of the Policy.
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
Conditions of Cover
• Cover is conditional upon the inspection of the trailer. The premium will be collected on the agreed date irrespective of whether
confirmation of inspection has been received by MiWay. It is your responsibility to ensure the trailer gets inspected as you will have no
cover until that has been done.
Important to Note
• Loss or damage caused by theft from a trailer is only covered if there are visible signs of forced entry into that trailer.
• Trailers used for the following purposes are not covered under this policy: Traffic control; law enforcement; emergency scene towing;
transporting of explosives, fireworks, arms & ammunition, asbestos & asbestos products and any hazardous goods where the associated
Goods in Transit are not insured with MiWay. Passengers carried in trailers are not covered under this policy.
The Goods
Goods Category GOODS & PRODUCTS Goods Subcategory CLOTHING & SHOES
Owner of Goods THIRD PARTY GOODS
Fragile Goods NO
The Insured Value is the maximum amount that will be paid in the event of a valid claim and is based on the maximum load limit at any given
time.
Manner Transported
The insured goods are covered while being transported by road only.
The Cover
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess payable in case of the specific claim event:
Excess Value
Accident & Intentional R2 500
Theft & Hi-jack R2 500
Acts of Nature R2 500
Fire & Explosion R2 500
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Any incident which occurs within 3 months of the inception date of the policy. Where the policyholder has not had 12 months'
uninterrupted Goods in Transit insurance immediately prior to the start date of this cover. R4 000
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
Conditions of Cover
• There will be no cover should a vehicle, whether towing a trailer or not, carry a shipping container and the combined height of the vehicle
and container exceeds the legally allowable height.
Important to Note
• The following goods are not covered under this policy: Transporting of explosives, fireworks, arms & ammunition, asbestos & asbestos
products, money, precious metals, game, livestock and horses. The following goods will only be covered under this policy if specified: 1)
Cellular Products 2) Cigarettes & Tobacco Products 3) Paint 4) Flammable Chemicals and Products 5) Petrol & Petroleum products 6)
Fertiliser;
• There is no cover for Environmental liability or any legal liability as a result of contamination caused by these goods.
The Goods
The Insured Value is the maximum amount that will be paid in the event of a valid claim and is based on the maximum load limit at any given
time.
Manner Transported
The insured goods are covered while being transported by road only.
The Cover
The Excess is the first amount payable by the policyholder on every claim.
The table below shows the excess payable in case of the specific claim event:
Excess Value
Accident & Intentional R12 500
Theft & Hi-jack R12 500
Acts of Nature R12 500
Fire & Explosion R12 500
If any of the following are applicable, one or more additional excess will be added to the above standard excess:
Additional Excess Value
Any incident which occurs within 3 months of the inception date of the policy. Where the policyholder has not had 12 months'
uninterrupted Goods in Transit insurance immediately prior to the start date of this cover. R4 000
For claims that are submitted by MiWay to Sasria, you will be liable to MiWay for the standard excess and applicable additional excesses in the
tables above. If your claim with Sasria is successful, the excesses paid will be refunded to you. If your claim with Sasria is unsuccessful, the
excess will be maintained.
Conditions of Cover
• There will be no theft and hijack cover if the vehicle with which goods are transported does not have a MiWay approved stolen vehicle
recovery service device that is active, paid for, and in a working condition at the time of loss. This may be services by Tracker, Netstar or
any SAIAS or VESA approved tracking companies.
• There will be no cover should a vehicle, whether towing a trailer or not, carry a shipping container and the combined height of the vehicle
and container exceeds the legally allowable height.
Important to Note
• The following goods are not covered under this policy: Transporting of explosives, fireworks, arms & ammunition, asbestos & asbestos
products, money, precious metals, game, livestock and horses. The following goods will only be covered under this policy if specified: 1)
Cellular Products 2) Cigarettes & Tobacco Products 3) Paint 4) Flammable Chemicals and Products 5) Petrol & Petroleum products 6)
Fertiliser;
• There is no cover for Environmental liability or any legal liability as a result of contamination caused by these goods.