Common use of Excess Reduction Cover of the Vehicle Clause in Contracts

Excess Reduction Cover of the Vehicle. The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free Plus”, “Stress Free” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option. Subject to the exclusions in clause (11) below, Your “Excess” (the amount You must contribute towards the cost or repair of the vehicle) if the vehicle is involved in an accident or is damaged while on hire is: CRIB OR CHAMP S3,000 If using debit card, a S300 security bond is required for infringements, tolls, and other additional charges Your vehicle damage excess will remain S0. S0 S0 S5,000 CONDO, COMPASS OR COASTER S0 S0 S0 S0

Excess Reduction Cover of the Vehicle. The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free Plus”, “Stress Free” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option. Subject to the exclusions in clause (11) below, Your “Excess” (the amount You must contribute towards the cost or repair of the vehicle) if the vehicle is involved in an accident or is damaged while on hire is: EL CHEAPO SLEEPER, CRIB OR CHAMP S3,000 If using debit card, a S300 security bond is required for infringements, tolls, and other additional charges Your vehicle damage excess will remain S0. S0 S0 S5,000 CONDO, COMPASS OR COASTER S0 S0 S0 S0