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? ‘Bodily injury’ means bodily injury (including death), illness, disability, disease, shock, fright, mental
anguish or mental injury.

? ‘Certificate of insurance’ means the certificate of insurance first issued to you or the current renewal
certificate whichever applies and any endorsement certificates that have been added during the period
of insurance.

? ‘Excess’ means the amount of any claim which you must bear. The excess applies to each and every
event that results in a claim. Where you discover damage caused on multiple occasions then an excess
will be applied in relation to each occasion or event that occurred. Where a special benefit specifies
an excess, that excess will apply over and above any other excess in your policy or in the certificate
of insurance. The amounts are shown in the certificate of insurance and/or in this wording.

? ‘Market value’ means the reasonable cost at which a vehicle of the same make, model, kilometres
travelled, year and condition as your vehicle could have been purchased on the retail market
immediately prior to the loss or damage, as assessed by a valuer approved by us.

? ‘Modifications’ or ‘modified’ means changes or alterations to your vehicle from the manufacturer’s
standard specifications, including but not limited to engine, steering, suspension, body kits, interior
modifications. Typically, these modifications are not easily removed from the vehicle.

? ‘Named driver’ means any driver listed in the schedule of the certificate of insurance as a ‘Named
Driver’.

? ‘Natural disaster damage’ means sudden and accidental physical loss or sudden and accidental
physical damage as a direct result of earthquake, natural landslip, volcanic eruption, hydrothermal
activity or tsunami and includes physical loss or physical damage occurring (whether accidentally or
not) as a direct result of measures taken under proper authority to avoid the spreading of or to
otherwise reduce the consequences of an earthquake, natural landslip, volcanic eruption,
hydrothermal activity or tsunami. It does not include any loss or damage for which compensation is
payable under any Act of Parliament other than the Earthquake Commission Act 1993 any amendments
or any Act(s) passed in substitution of the Act.

? ‘Natural landslip’ means the movement (whether by way of falling, sliding, flowing or by a
combination thereof) of ground-forming materials composed of natural rock, soil, artificial fill or a
combination of such materials, which, before movement, formed an integral part of the ground but
does not include the movement of ground due to below-ground subsidence, soil expansion, soil
shrinkage, soil compaction or erosion.

? ‘Period of insurance’ means the period shown in the certificate of insurance.

? ‘Unused premium’ means premium for the days you have paid for, but will not be insured (calculated
as at the effective date of cancellation).

? ‘Vehicle’ means the vehicle shown in the certificate of insurance including spare parts, attached
equipment, as well as accessories, tools and breakdown equipment supplied and fitted by the
manufacturer, shown in the certificate of insurance.

? ‘We’, ‘us’ or ‘our’ means CLUB AUTO Insurance (NZ) Limited, which is 100% underwritten by TOWER
Insurance Limited.

? ‘You’ or ‘your’ means the person(s) named in the certificate of insurance as the insured. Where you
jointly own the vehicle, this policy insures you jointly.

A THIRD PARTY FIRE & THEFT INSURANCE POLICY BY

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