INVOICE

MR NIZAM-UD-DIN & MR IRFAN UDDIN KAROO

70 RAOUL RIVET STREET

PORT LOUIS

ACCOUNTING MONTH : DECEMBER 2023

ACCOUNT NUMBER : 115610

CLIENT BRN :

POLICY NUMBER : M00-03715-01

DOCUMENT NUMBER : 12-5975-2023

PARTICULARS OF INSURANCE : NEW

FOR PERIOD: 15/12/2023 - 14/12/2024
PRIVATE CAR COMPREHENSIVE
REGISTRATION NO 8745 JZ 20

PREMIUM : Rs. 25,887

FEES & CHARGES : Rs. 1,841

TOTAL PREMIUM : Rs. 27,728

......................................

Date : 18th December 2023 For and on behalf of

Swan General Ltd
 SUMMARY OF POLICY
(in compliance with section 80 of Insurance Act 2005)

POLICY NUMBER M00-03715-01

INSURED EXPERT LEASING LTD ON LEASE TO
MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO
BRN

POSTAL ADDRESS 70 RAOUL RIVET STREET

PERIOD OF INSURANCE
TYPE OF INSURANCE
PROPERTY INSURED
SUM (S) INSURED
SPECIAL TERMS
PREMIUM FOR PERIOD
PORT LOUIS
15 DECEMBER 2023 TO 14 DECEMBER 2024
COMPREHENSIVE (Including Roadside Assistance)
Protect Car
HONDA SHUTTLE
2020 - 1490 CC - 8745 JZ 20
Rs. 835,000
INCLUDING REG. FEES & ADDITIONAL ACCESSORIES
COMMUNICABLE DISEASE EXCLUSION
YOUNG DRIVER'S EXCESS
Rs 27,728 (INCL. POLICY FEE AND CHARGES Rs 1,841)

AGENCY

MATERIAL REPRESENTATION Refer to Proposal Form, Policy Schedule and Policy Document

EXCLUSIONS Refer to Policy

IMPORTANT NOTE This summary is merely an indication of the nature and extent of the
cover provided under the policy and does not supersede the insurance
policy. For precise and complete detail, please refer to the policy
document

................................
For and on behalf of
Swan General Ltd
18/12/23
ref: 115610
 THE SCHEDULE
Attaching to and forming part of Policy No: M00-03715-01

POLICY HOLDER EXPERT LEASING LTD ON LEASE TO

MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO
POSTAL ADDRESS 70 RAOUL RIVET STREET
PORT LOUIS
ACCOUNT NO. 115610
BUSINESS REGISTRATION NO.
PERIOD OF INSURANCE 15 DECEMBER 2023 TO 14 DECEMBER 2024
TERRITORIAL LIMITS Mauritius
TYPE OF COVER COMPREHENSIVE (Including Roadside Assistance)
Protect Car
PREMIUM FOR PERIOD Rs 27,728
(INCLUDING POLICY FEE, FSC FEE AND CHARGES)
SERIAL NUMBER 12-5975-2023
CERTIFICATE NUMBER MX197840

DATE 18/12/23

SPECIAL TERMS

COMMUNICABLE DISEASE EXCLUSION

YOUNG DRIVER'S EXCESS

SECTION 1 - LOSS OR DAMAGE TO YOUR CAR

PROPERTY INSURED HONDA SHUTTLE

2020 - 1490 CC - 8745 JZ 20
SUM (S) INSURED Rs. 835,000
INCLUDING REG. FEES & ADDITIONAL ACCESSORIES
EXCESS Rs. 20,000 each and every claim

SECTION 2 - LIABILITY TOWARDS OTHERS SECTION 3 - DRIVER AT-FAULT COMPENSATION COVER

Limit of Liability Limit of Liability

Death or Bodily Injury Rs. 500,000,000 Compensation for damages to Rs. 1,000,000
Property Damage Rs. 50,000,000 the Authorised Driver
Maximum any one claim Rs. 500,000,000
 SECTION 6 - EXTRA BENEFITS

Limit Excess
Cyclone and Flood Perils Rs. 835,000 Rs. 20,000 each and every claim
Strikes, Riot and Civil Commotion Rs. 835,000 Rs. 20,000 each and every claim
Theft or Accidental Loss of Driving Licence Rs. 1,000
Loss of Driving Ability Rs. 5,000
Loss of Road Tax Licence
Child Seat Rs. 5,000
Windscreen and Window Damage Rs. 50,000 Rs. 5,000 each and every claim
Personal Belongings Rs. 15,000
Loss of Car Keys and Lock Replacement Rs. 15,000 Rs. 5,000 each and every claim
Extra Freight Expenses Rs. 15,000
Counselling Victims Rs. 5,000
Funeral Expenses Rs. 30,000
Alternative Transport Costs Rs. 5,000
Vehicle Modifications Costs Rs. 50,000
Personal Registration Plate Cover Rs. 5,000
Liability following unauthorised use by a minor
First Claim Excess Waiver (1st Claim for the 1st
two Years - Applicable to vehicle less than 4 years)

SECTION 7 - OPTIONAL EXTENSIONS

Personal Accidents for Car Occupants NO OF SEATS 5

DEATH Rs. 200,000
PERMANENT DISABLEMENT Rs. 200,000
MEDICAL EXPENSES Rs. 20,000
MEDICAL EXPENSES EXCESS Rs. 500 each and every claim
Loss of Use TOTAL NO. OF DAYS 30
LIMIT PER DAY Rs. 2,000
Finance Gap 10% of Sum Insured
Alloy Wheel Replacement LIMIT Rs. 200,000
Not-at-fault Claim Excess Waiver
Rodent Damage Clause LIMIT Rs. 20,000

................................
For and on behalf of
Swan General Ltd
BRN : C06000922
 Date: 18th December 2023
Serial No: 12-5975-2023
Account No: 115610
Policy: Protect Car

ENDORSEMENT attaching to and forming part of Policy Number M00-03715-01 in the name of
EXPERT LEASING LTD ON LEASE TO MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO

"LOSS OF USE" EXTENSION CLAUSE

Reg. No:8745 JZ 20
Notwithstanding anything herein contained to the contrary, it is hereby declared and agreed that, with
effect from 15th December 2023 the words "loss of use" under (a) of Exceptions to Section 1 is deleted
and Section 1 - Loss of or Damage to the Motor Vehicle - of this Policy is extended to cover the cost of car
hire incurred for the Insured's own use where the above mentioned Motor Vehicle is damaged by an
insured event necessitating its repair, or is lost by theft.

The car hire period shall, subject to prior notification to and approval of the Company, extend as follows:
- From the time the Motor Vehicle is immobilised as a result of the damage, or is lost by theft, or
- In the case the Motor Vehicle is not immobilised after the damage, as from the time the repairs start
until such time the Motor Vehicle is ready for delivery after completion of repairs or is recovered in case
of theft.

For the purpose of this Extension Clause the term "Immobilised" shall mean the Motor Vehicle cannot be
driven or is regarded as unsafe or unfit to be used on a public road.

The liability of the Company under this extension clause shall not exceed:
- Rs 2,000 per car hire day and
- A total car hire period of 30 consecutive days per claim and in the aggregate of all claims made during
any one period of insurance.

Provided always that:

1. The choice as to the category and type of car hire supplied to the Insured shall be at the sole and
entire discretion of the Company.

2. Should any third party involved in the insured event meet the cost of such car hire, no liability shall
arise under this extension of cover.

3. Should the Insured receive any cash settlement in lieu of car hire as loss of use following an insured
event from any third party involved, such amount shall be paid to the Company against and to the extent
of such cost of car hire incurred by the Company in respect of the insured event.
4. The Company shall not be liable for car hire cost incurred after the Motor Vehicle is ready for delivery
after completion of repairs or after recovery of the Motor Vehicle in case of theft.

5. Mileage charges, petrol, insurance and other incidental charges are not recoverable under this
extension clause.

6. The Company shall not be required to pay a monetary compensation in lieu of refund of car hire cost.

7. The Company shall not be liable for any Excess provided under the insurance policy of the hired car to
be borne by the Insured as a result of the car being lost or damaged during the car hire period.

8. The Company shall not be liable for car hire cost after it has settled a claim for TotalLoss of the Motor
Vehicle.

9. In the event any part and / or accessory necessary to repair the Motor Vehicle is unavailable in
Mauritius, the liability of the Company shall be limited to the duration of repairs recommended in the
Motor surveyor's report or the total car hire period whichever is the lesser.

The company shall in no circumstances whatsoever incur any further liability for the unavailability of any
part and/or accessory which shall not be taken into account in the computation of the duration of repairs.

All the terms of this Policy remain otherwise unaltered.

For and on behalf of

Swan General Ltd
BRN : C06000922
 Date: 18th December 2023
Serial No: 12-5975-2023
Account No: 115610
Policy: Protect Car

ENDORSEMENT attaching to and forming part of Policy Number M00-03715-01 in the name of
EXPERT LEASING LTD ON LEASE TO MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO

PERSONAL ACCIDENT INSURANCE COVER

It is hereby declared and agreed that with effect from 15th December 2023 this Policy includes Personal
Accident Cover in respect of the car occupants of the vehicle described in the Schedule as per the limits
per seat set out below:
Death : Rs.200,000
Permanent Disablement : Rs.200,000
Medical Expenses : Rs.20,000
subject to an excess of Rs 500 each and every claim in respect of Medical Expenses.

All the terms of this Policy remain otherwise unaltered.

For and on behalf of

Swan General Ltd
BRN : C06000922
 Date: 18th December 2023
Serial No: 12-5975-2023
Account No: 115610
Policy: Protect Car

ENDORSEMENT attaching to and forming part of Policy Number M00-03715-01 in the name of
EXPERT LEASING LTD ON LEASE TO MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO

COMMUNICABLE DISEASE EXCLUSION (LMA 5396 – 17th April 2020)

Notwithstanding any provision to the contrary within this policy, this policy does not cover all actual or
alleged loss, liability, damage, compensation, injury, sickness, disease, death, medical payment,
defence cost, cost, expense or any other amount, directly or indirectly and regardless of any other cause
contributing concurrently or in any sequence, originating from, caused by, arising out of, contributed to
by, resulting from, or otherwise in connection with a Communicable Disease or the fear or threat
(whether actual or perceived) of a Communicable Disease.

For the purposes of this endorsement, loss, liability, damage, compensation, injury, sickness,
disease, death, medical payment, defence cost, cost, expense or any other amount, includes, but is not
limited to, any cost to clean-up, detoxify, remove, monitor or test for a Communicable Disease.

As used herein, a Communicable Disease means any disease which can be transmitted by means
of any substance or agent from any organism to another organism where:

1. the substance or agent includes, but is not limited to, a virus, bacterium, parasite or other
organism or any variation thereof, whether deemed living or not, and

2. the method of transmission, whether direct or indirect, includes but is not limited to,
airborne transmission, bodily fluid transmission, transmission from or to any surface or object, solid,
liquid or gas or between organisms, and

3. the disease, substance or agent can cause or threaten bodily injury, emotional distress, damage
to human health, human welfare, or property damage.

All other terms, conditions, exclusions or exceptions remain otherwise unaltered.

For and on behalf of

Swan General Ltd
BRN : C06000922
 Date: 18th December 2023
Serial No: 12-5975-2023
Account No: 115610
Policy: Protect Car

ENDORSEMENT attaching to and forming part of Policy Number M00-03715-01 in the name of
EXPERT LEASING LTD ON LEASE TO MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO

TOTAL LOSS SETTLEMENT

It is hereby declared and agreed that Total Loss Settlement underSECTION 1 of the above numbered
policy is deemed to be deleted and replaced as follows:

Total Loss Selement

Where:

(i) The estimated repairs, as determined by the appointed motor surveyor, turn out to be
uneconomical with regards to theMarket Value of Your Car immediately prior to the loss or
damage by an insured cause; or

(ii) The appointed motor surveyor recommends that Your damaged car cannot be repaired for
technical and safety reasons; or

(iii) Your Car is insured against burglary or theft and has been stolen but not recovered within30
days;

We will either pay a sum equivalent to the Market Value of Your Car at the time of the loss or damage or
the Sum Insured shown in the Policy Schedule, whichever is the lesser.

ALL TERMS, CONDITIONS, EXCLUSIONS OR EXCEPTIONS REMAIN OTHERWISE UNALTERED.

.................................................
For and on behalf of Insured's Signature
Swan General Ltd
BRN : C06000922
 Date: 18th December 2023
Serial No: 12-5975-2023
Account No: 115610
Policy: Protect Car

ENDORSEMENT attaching to and forming part of Policy Number M00-03715-01 in the name of
EXPERT LEASING LTD ON LEASE TO MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO

"LOSS OF USE" EXTENSION CLAUSE

It is hereby declared and agreed that the item2. LOSS OF USE under SECTION 7 of your insurance policy
will be deleted and replaced as follows:

LOSS OF USE
This Section only applies if You have paid any additional premium and the Policy Schedule states that
this Section applies.

WHAT IS COVERED
If Your Car is lost or damaged by any cause insured under this Policy, Wewill pay the cost incurred for
hiring a car for Your own use.

The car hire period will, subject to Your prior notification to, and approval by,Us extend as follows:

• From the time Your Car is immobilised as a result of the damage, or is lost by theft, or

• In the case Your Car is not immobilised after the damage, as from the time the repairs start until such
time that Your Car is ready for delivery after completion of repairs or is recovered in case of theft.

The maximum We will pay under this Section will be the amount shown in the Policy Schedule.

The choice as to the category and type of car hire supplied to Youand the option to pay a monetary
compensation to Youin lieu of car hire shall be at Our sole and entire discretion.

Should We opt to pay a monetary compensation in lieu of car hire, the compensation shall not exceed80%
of the specified limit of car hire cost per day.
WHAT IS NOT COVERED

(a) Any Excess shown in the Policy Schedule;

(b) Mileage charges, petrol, insurance, Excess waiver and other charges associated with the running of
the hired car;
(c) Cost of car hire or any compensation paid by any third party involved in the insured event;
(d) Cost of car hire:
• For any period after Your Car has been returned to You in a similar condition as it was prior to
the loss or damage;
• From the moment payment in settlement is made to You or at the expiry of the number of days
subscribed whichever the earlier, in case Your car is declared a Total Loss;
• For any period beyond the duration of repairs recommended under the Motor Surveyor’s Report
as a result of any part and/or accessory being unavailable in Mauritius.
(e) Loss or damage or legal liability shown in the General Exclusions

All the terms of this Policy remain otherwise unaltered.

For and on behalf of

Swan General Ltd
BRN : C06000922
 Date: 18th December 2023
Serial No: 12-5975-2023
Account No: 115610
Policy: Protect Car

ENDORSEMENT attaching to and forming part of Policy Number M00-03715-01 in the name of
EXPERT LEASING LTD ON LEASE TO MR IRFAN UDDIN & MR NIZAM-UD-DIN KAROO

YOUNG DRIVER'S EXCESS

It is hereby understood and agreed that, with effect from the 15th December 2023 the indemnity granted
under Section 1 – LOSS OR DAMAGE TO YOUR CAR of this Policy shall be subject to an excess of Rs. 5,000
in respect of each and every claim whilst Your Car is being driven by any person who:

(1) is under the age of 25;

(2) holds a provisional driving licence;

(3) has not held for a period of 5 years a driving licence other that a provisional driving licence.

All the terms of this Policy remain otherwise unaltered.

For and on behalf of

Swan General Ltd
BRN : C06000922