This policy is
developed for safeguarding and protection of WIRUlink’s equipment
as set out in all Service Applications. For clarity purposes,
equipment shall include all rented or any product or goods not fully
paid for by the Customer which remains the property of WIRUlink. This
policy is applicable for wireless internet.
All Customers are
required to comprehensively insure (loss of or damage to equipment
caused by accident, malice or by the deliberate act of a third party)
the equipment for a value not less than the Basis of Valuation.
Basis of Valuation
The agreed value of
the goods is the market value, at the time of the commencement of the
Incident, of replacing the equipment with similar equipment. The
current replacement cost for Wireless equipment amounts to R6500.00
(Six Thousand Nine Hundred and Ninety Nine Rand) excluding VAT.
This policy will be
updated when the replacement cost of the equipment either increase or
For all other
equipment (telephones, Wi-Fi access points etcetera) not fully paid
for by the Customer, The agreed value of the goods is the market
value, at the time of the commencement of the Incident, of replacing
the equipment with similar equipment.
Period of insurance
All equipment is
required to be insured for the period as set out in the Service
Application and any renewal period thereafter until final
For agreements based
on a month to Month basis, insurance must be intact until final
Conduct of claims
It is the
responsibility of the Customer to make a claim against the Insurance
Company or to institute legal proceedings or negotiations relating to
equipment claims. The Customer however shall be liable for payment of
the basis of valuation cost to WIRUlink notwithstanding the fact that
any Insurance claim has not yet paid out.
The customer will
keep WIRUlink fully informed of the progress of any claim made
against the Insurer.
The Customer, and
anyone else entitled to make a claim in terms of the Insurance
policy, must cooperate fully with WIRUlink and must give WIRUlink any
information or assistance if and when required.
Cancellation or non-compliance
If the Customer
cancelled the insurance or refused and/or neglected to insure the
equipment, the Customer will be held liable for the replacement or
repair cost of the equipment.