Common use of PRIVATE VEHICLE INSURANCE Clause in Contracts

PRIVATE VEHICLE INSURANCE. 68.1 Employees who are required to travel in excess of four days per month per insurance year between OC centres or locations on OC business shall, subject to the prior approval of the OC President, or designate, be reimbursed upon presentation of appropriate receipts and documents 100% of the annual incremental cost of the Insurance Corporation of British Columbia Class 07 (Business) premium that is over and above that for Class 02 (Pleasure, Drive to Work or School). Such reimbursement shall be limited to one vehicle per employee and it is the employee's responsibility to purchase Class 07 vehicle insurance when necessary. If OC so reimburses employees, employees shall normally use their personal motor vehicle for travel on OC business requiring a motor vehicle.