Extended Personal Liability

Personal Liability is that situation where liability is imposed upon me by law due to negligence that caused injuries or death to someone else, or damage to their property.

Underlying Policies refer to my iWYZE Personal Liability policy (that is automatically included in my insurance portfolio if I have an iWYZE Household Goods policy), other iWYZE policies that have liability cover (Buildings and Vehicle) and any insurance policies that I may have with an insurer outside of the Republic of South Africa and that provides cover for motor or watercraft liability.

Extended Personal Liability insurance is effectively a top-up to the cover provided under all of my Underlying Policies. To claim under my Extended Personal Liability policy, I would first claim under an Underlying Policy and if that policy’s cover is exhausted due to the magnitude of the claim, I would then be able to use Extended Personal Liability to cover the remainder of the claim.

Covered Event is an incident resulting in a liability claim against me that is covered under this policy.

Indemnify means to stand in for, or to pay compensation on behalf of. In other words, if iWYZE indemnifies me for a liability claim, it pays that claim on my behalf.

Policy Benefits

iWYZE will indemnify me for all amounts that I become legally liable to pay, arising from a Covered Event that happens anywhere in the world, provided that iWYZE has committed to paying compensation under my Underlying Policy, but the cover given by that policy is not enough to meet my total liability. This policy will cover me for the remainder of my liability.

iWYZE will indemnify me up to a fixed limit for any one accident or series of accidents arising from one event. This indemnification will include legal costs and expenses other persons can claim from me, as long as it was incurred with the approval of iWYZE.

Exclusions

• Claims Not Covered by Underlying Policies - Claims not covered by an Underlying Policy in force at the time of the event that provides cover for the type of liability for which I am seeking indemnification, or where I have not complied with all the terms and conditions of that Underlying Policy.
• Employment - claims resulting from the course and scope of my employment, business or profession.
• Letting/Hiring - Claims resulting from me letting or hiring out any of my moveable or immovable property for a fee, reward or other consideration.
• Recklessness - Claims arising from my reckless disregard of the possible consequences of my acts or omissions.
• Affiliation - Claims made against me by a person currently or formerly insured under my policy.
• Other Insurance Policies - Claims resulting from loss of or damage to property dealt with under any of my other insurance policies.
• Aircraft - Claims resulting from the ownership or use of any aircraft other than model aircraft and hang-gliders.
• Statutory Vehicle Legislation - Claims that are the subject of statutory legislation that controls the use of motor vehicles or trailers, that requires me to take out compulsory insurance or to provide security, or where the State or other governmental authority has accepted responsibility.
• Vehicle & Watercraft Liability - Claims related to Vehicle or Watercraft Liability that stands to be indemnified under any other insurance policy, or where the incident occurred outside the countries I am covered in.
• Watercraft Liability: High Speed - Claims related to Watercraft Liability and where the maximum designed speed exceeds 100kph.
• Vehicle Loss or Damage - Claims resulting from loss of or damage to any self-propelled land vehicle, trailer, caravan, watercraft or aircraft in my care, custody or control.
• Fines - Claims related to the payment of any fine, penalty, or multiple, punitive or exemplary damages.
• Debt - Claims relating to any of my debt.
• Breach of Promise - Claims arising from my failure to pay maintenance or damages following a breach of promise.
• Property Transactions - Claims that result from the purchase, sale, barter or exchange of any property, or the failure to comply with any obligations arising from the transaction.
• Human Immune Virus (HIV) - Claims resulting from any condition related to HIV or AIDS.
• Malicious Acts - Claims resulting from any dishonest, fraudulent or malicious acts of mine, or acts of physical assault or seduction I may have committed.
• Judgments - Claims related to any judgment, award, payment or settlement made within countries subject to the laws of the United States of America or Canada, or any order made anywhere in the world to enforce such judgment, award, payment or settlement.

Please note: This product summary is not intended to be a legal contract. It does not replace or in any way alter the content of the actual policy documents that are issued to clients of iWYZE.

iWYZE is underwritten by Mutual & Federal Insurance Company Limited, a member of the Old Mutual Group. Mutual & Federal and Old Mutual are Licensed Financial Services Providers.