Territory Car Insurance Product Disclosure Statement and Policy. - TIO

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If we pay a total loss:
• your policy will cancelled from the date of the accident
and there will be no refund of premium, and
• your vehicle becomes our property.
Quality Repair Guarantee
When we authorise the repair of your vehicle under this
policy we will guarantee repairs performed by one of our
chosen repairers.
Should a defect become apparent in repairs authorised by
us and performed by one of our chosen repairers, we will
undertake to repair any faulty workmanship or parts at no
extra cost to you. This guarantee applies for as long as the
vehicle is owned by you or a member of your family and is
kept insured with us.
Paint work is only guaranteed for 3 years.
Fraudulent Claims
If you or anyone acting on your behalf or with your implied
permission should make a claim knowing or expecting it to be
false or fraudulent, payment of that claim may be refused.
Other Insurance
If, at that time of incurring any liability, loss or damage we
have agreed to cover under this policy there is another
insurance policy covering the same vehicle effected by you or
person(s) other than you, this policy will only pay any excess
beyond the amount which would have been payable under
that other insurance policy if this policy not been effected
Good and Services Tax
If you are a registered business or required to be registered
for GST purposes and entitled to an input tax credit, we will
reduce the amount of the payment by the amount of any
input tax credit that you are, or will be, or would have been
entitled to under A New Tax System (Goods and Services Tax)
Act 1999.
Any payment we make to settle your claim will be considered
to be made in full even if the amount we pay has been
reduced as described above.
Territory Car Insurance Product Disclosure Statement and Policy