AAMI Third Party Property Damage Car Insurance Policy

What do we mean by that?

AAMI, we, us and our mean Australian Associated Motor Insurers Limited (ABN 92 004 791 744).

Amount covered is the most we will pay, less any excess, for any accidental loss and damage covered by your AAMI policy occurring during the period your car is insured with us. The amount covered includes GST. The current amount covered is shown on the most recent of your insurance schedule and your renewal notice.

Cover and covers mean the protection provided by your policy.

Endorsement means a special condition that applies to your policy. For example, an endorsement may state that drivers under a nominated age are not covered under the policy. Any endorsements to your policy are shown on your insurance schedule.

Excess. An excess on your policy is the first amount that you must contribute towards each claim. When one or more excesses apply to your policy, they will be shown on the most recent of your insurance schedule and your renewal notice. See also page 22.

Family means your spouse or partner living with you and your children who ordinarily live with you.

Period of cover means the current period for which we have agreed to provide you with insurance cover. The current period is shown on the most recent of your insurance schedule and renewal notice and any receipt we may send to you. When we make a write-off payment under the uninsured motorist or fire and theft extension, the period of cover comes to an end. See also page 33.

Policy means this booklet and your policy schedule.

Your policy schedule comprises the notices we give you which show the particular details and the current status of your policy. These notices are the most recent of your insurance schedule and renewal notice, and any receipt we may send you.

Your insurance schedule sets out the information you have given us on which we have based our decision to insure you as well as the individual details of your policy. We will send you an updated insurance schedule whenever you advise us of a change in this information or these details.

Use means the private or business use of your car.

Private Use: Use of your car for social, domestic and pleasure purposes and incidental business use where you are not using your car during your full-time, part-time or casual working period as an integral means of earning your income.

Business Use: Use of your car during your full-time, part-time or casual working period as an integral means of earning your income that you have told us about and we have agreed to cover. Business Use also includes social, domestic and pleasure use.

Private Use and Business Use both cover the private use of your car in conjunction with repairing, servicing, testing, free driving lessons, private car-pooling and demonstration for sale provided you are the driver or a passenger during the demonstration.

Write-off. Your car is declared a write-off when in our opinion, it is so badly damaged that it would not be either safe or economical to repair or when it has not been found within 14 days of you reporting its theft to us, or where we pay the limit under the uninsured motorist cover or fire and theft extension.

You and your mean the person or persons named as the insured in your insurance schedule.

Your car means the motor vehicle described in your insurance schedule and includes the manufacturer's standard options and accessories fitted to it and other options and accessories that you have told us about and we have agreed in writing to cover.