Competition On Track: Summary of Cover
 This policy designed to provide cover for your race car, should it be damaged as a result of an accident whilst under it's own power and being driven on a race circuit. The policy is operative whilst practising, testing and racing (competing) but only for dates specified in advance.
The maximum insured limit under this facility is £30,000 in the aggregate.
It is important that you do take care to submit your correct email address since we rely upon this to confirm your instructions and payments.
The Aggregate sum insured is the maximum claimable amount during the policy period. The sum insured can be exhausted by numerous claims or just one claim.
Once the insurers have paid a claim or claims totalling the Aggregate Sum Insured, the insurers are discharged of their liability and you will have to reinstate your policy via the website
If you require a greater sum insured, then please call us on 020 7709 9559.
Principle policy exclusions include (but not limited to):
- Damage to the engine or to the gearbox or transmission (unless specified otherwise on the Confirmation of Cover
- Damage to any part that has suffered mechanical or electrical breakdown, howsoever caused
- Liability to other participants, to any third parties or to passengers or any property damage
- Consumable items such as tyres, oils, linings etc.
- Extra costs involved in repairing specialised paintwork and logos unless specifically agreed
- Shipping / Transportation / Recovery costs
- Labour costs in respect of routine dismantling and re-assembly
- Damage caused by direct deployment of fire extinguisher foam (or similar)
- Loss or damage to the car whilst being driven by any person other than those specified within the Confirmation of Cover
- Any loss of revenue / loss of sponsorship or other consequential loss
- Loss or damage caused by "kerbing" (i.e driving over the kerbs of the circuit and damaging the underside of the car - this is considered to be general wear and tear
Optional Extensions
If you decide to proceed you will have the option to increase the level of cover to include:
- Fire damage following accident.
- External accidental damage to engine and gearbox.
- Personal Injury insurance. If you do not have any Personal Injury Insurance, we recommend you take a moment to consider the consequences of competing without adequate cover for yourself.
- Your policy excess. This is provided on an insurance "Franchise" basis. This works in a similar way to an excess but there is a significant difference.
The excess stated is the minimum amount of damage which must be attained before insurers become liable. Only when damage exceeds the amount of your policy excess are the insurers liable to pay this amount in full. Where damage remains below the stated excess there is no claim.
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MORIS is a trading name of
Everitt Boles Limited is authorised and regulated
by The Financial Services Authority (FSA)
For further details contact us on:
020 7709 9559
Email:
info@everittboles.com
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