The following cash prizes are calculated based on the assumption of 20 x paid up team entries:
1st Place R10,000
2nd Place R6,000
3rd Place R4,000
Kicker Prize R100,000 ***Please refer to the insurance terms below***
Basic Weighted Fish Contest Rules:
Please note: Rules/Subjectivities/Conditions below are a brief guideline
only and are not meant to be all inclusive.
The Policy is specific to a particular event and has its own specific Policy
Warranties, Terms and Conditions.
• Only amateurs will be allowed to participate. (An amateur is defined
anyone who does not use this sport as a means of livelihood.)
• Cover is contingent on all competition and provincial rules being adhered
to at all times.
• All entrants must be officially registered before the commencement of
the event.
• The winner’s claim must be verified and confirmed by the Keepnet App
and process, and the Keepnet official/s and as per the signed off prize
confirmation for the event.
• Fish presented (as per the video recording for the app) for a prize claim
must be alive and presented the day it is caught as per the event dates.
This will be confirmed and geo-located as per the Keepnet App.
• Organizers of the Event and their families and person(s) will be excluded
from the Event/Tournament.
• All claims must be presented within three (3) days of the close of
event(s).
• If there is a winning Claim, a date and time verifiable video of the
winning fish CLEARLY showing the relevant data must be submitted and
will be used to support a Claim.
• The winner’s claim must be verified and signed off by a Marshall. Fish
presented for claim must be alive and presented the day it is caught.
• The use of trawling nets to catch fish is prohibited.
Any deviation from the Rules above, or Policy Warranties, Terms and
Conditions must be discussed with, and approved in writing by ITOO
Special Risks.
Participants: 40
Prize Value: R 100 000 (no reinstatement)
Target Prize Weight: Angler must catch a bass heavier than 5.5kg. In the
event of more than one angler achieving this, the angler with the heaviest
bass over 5.5kg will win the prize money.
INSURING CLAUSE
1.1 Subject always to the terms, conditions, limitations and exclusions contained herein or endorsed hereon, Insurers will
indemnify the Insured against loss as stated in Risk Covered in the Schedule attached hereto sustained or incurred
during the Period of Insurance.
1.2 This Contract of Insurance is subject to the Excess stated in the Schedule which shall be retained by the Insured at
their own risk and uninsured.
1.3 The Insurers maximum liability shall not exceed the Limit of Indemnity or the Aggregate Limit of Indemnity, both as
stated in the Schedule.
2. CONDITIONS PRECEDENT
It is a Condition Precedent to any liability of the insurer that the Insured:
2.1 has no knowledge at the Contract of Insurance inception date, of any undisclosed matter, fact or circumstance, ac-
tual or threatened that increases or could increase the possibility of a claim under this Contract of Insurance beyond
that declared to and agreed by the Underwriter(s).
2.2 has paid the premium due in accordance with the terms contained herein.
2.3 has a legal liability to pay a third party upon the happening of the contingency as stated under Risk Covered in the
Schedule for which insurance coverage is provided herein.
2.4 shall observe and comply with all applicable laws, by laws and regulations pertaining to the Risk Covered whether,
where applicable.
2.5 shall ensure that all necessary contractual arrangements pertaining to the Risk Covered are made and confirmed in
writing with the Insured and that all necessary authorisations (which for the avoidance of doubt shall include, but not
be limited to, the obtaining of licenses, permits, visas, copyrights and patents) be obtained in a timely manner and
valid for the Risk Covered.
2.6 shall ensure that the identity of the Underwriter(s) is not disclosed by the Insured to any third party without the prior
written consent of Underwriter(s).
Failure to comply with any of the above Conditions Precedent means Insurers’ liability under this Contract of Insur-
ance is discharged, meaning Insurers would not be liable to pay any claim which would otherwise be covered under
this Contract of Insurance.
3. GENERAL CONDITIONS
3.1 This Contract of Insurance, the Schedule and any endorsements hereto shall be read together as one contract and
any word or expression to which a specific meaning has been attached in any part of this Contract of Insurance, the
Schedule or any endorsement hereto shall bear such meaning wherever it may appear.
3.2 The Insured shall observe and fulfil the terms and conditions contained herein or endorsed hereon.
3.3 The Insured shall not effect any other insurance in respect of the Risk Covered as stated in the Schedule without the
prior written approval of the Insurers.
3.4 The premium and any expense incurred in the formulation of a claim hereunder shall not be recoverable items.
3.5 Unless otherwise agreed to by the Insurer this Contract of Insurance is non-cancellable and there can be no return of
premium unless otherwise stated in the Schedule.
3.6 The Insurers reserve the right to pursue an action for recovery from any party, whether before or after payment of a
claim, at their sole discretion and in the name of the Insured or otherwise. In the event of any payment under this
Contract of Insurance, the Underwriters shall be subrogated to the extent of such payment to all the Insured's rights
of recovery and the Insured shall execute all papers required and shall do everything that may be necessary to se-
cure such rights.
3.7 No summons shall be brought upon this Contract of Insurance unless the Insured has complied with all the provi-
sions of this Contract of Insurance and has commenced issue a summon within twelve months after the loss occurs
save that this clause shall not apply to any claim for breach of any term implied by law that the Underwriter must pay
any sums due under this contract within a reasonable time.ITOO Special Risks (Pty) Ltd • Company Registration No: 2016/281463/07 • An authorised Financial Services Provider. FSP No: 47230
Villa Arcadia, 22 Oxford Road, Parktown, Gauteng, 2193 • PO Box 87419, Houghton, 2041
Tel: 011 351 5000 • Email: liabs@itoo.co.za
Page 3
3.8 This Contract of Insurance may not be assigned in whole or in part without the prior written consent of the Insurer(s).
3.9 If the premium specified in the Schedule is subject to adjustment, the Insured shall maintain all records necessary to
enable the premium to be adjusted on the basis specified in the Schedule and shall at all reasonable times permit
the Underwriters or their duly appointed representatives to examine and verify such records. At the end of each pe-
riod specified in the Schedule and at the expiry of this Contract of Insurance the Insured shall declare to the Under-
writers such information to enable the premium adjustment to be calculated and pay to the Underwriters any addi-
tional premium due.
3.10 If the Loss Payee is other than the Insured, all claim payments due under the terms and conditions of this Contract of
Insurance shall be made payable to the party(ies) detailed in the Schedule as Loss Payee(s). Payment of such
claims by the Insurers to the Loss Payee(s) shall be a sufficient and complete discharge of all of the Underwriters'
obligations to the Insured and Loss Payee(s) in connection with said claims.
3.11 The Insured agrees to reimburse the Insurer in full to the extent that sums received from the Insurers and payable by
the Insured to third parties are subsequently recovered or recoverable by the Insured.
3.12 Any savings following adjustment of a claim and salvage or recoveries as a result of a claim payable under this Con-
tract of Insurance shall accrue to the benefit of Underwriters.
3.13 Unless the Insured requested and the Underwriters agreed as otherwise stated in the Schedule, this Contract of In-
surance is mutually agreed to be governed and construed in accordance with the laws of South Africa whose courts
shall have exclusive jurisdiction.
3.14 Directors, Officers and Employees of the Insured and / or any other Company / person(s) in a position to manipulate
the outcome of the Risk Covered shall be ineligible for any payment from Underwriters associated with the Risk Cov-
ered.
3.15 The Insured shall at all times act with care, diligence and in a prudent manner so as to neither aggravate any loss
nor increase the possibility of loss beyond that which, but for such failure to so act, might otherwise have been sus-
tained or incurred under this Contract of Insurance.
3.16
3.16.1 If the Insured makes a fraudulent claim under this Contract of Insurance, Insurers:
a. are not liable to pay the claim; and
b. may recover from the Insured any sums paid by Underwriters to the Insured in respect of the claim; and
c. may by notice to the Insured treat the Contract of Insurance as having been terminated with effect from
the time of the fraudulent act.
3.16.2 If the Underwriters exercise their rights under clause (3.16.1)(c) above:
a. The Underwriter shall not be liable to the Insured in respect of a relevant event occurring after the time of
the fraudulent act. A relevant event is whatever gives rise to the Underwriter’s liability under the Contract
of Insurance (such as the occurrence of a loss, the making of a claim, or the notification of a potential
claim); and, Underwriters need not return any of the premiums paid.
4. EXCLUSIONS
This Contract of Insurance does not cover any claim where the loss or any portion of the loss arises out of, is contrib-
uted to by, or results from:
4.1 the Insured's lack of care, diligence or prudent behaviour, the result of which could increase the possibility of a claim
under this Contract of Insurance beyond that previously declared to and agreed by Underwriters.
4.2 any contractual breach or dispute by the Insured or any party contracted to the Insured.
4.3
4.3.1 withdrawal, insufficiency or lack of finance howsoever caused;
4.3.2 the financial failure of any venture;
4.3.3 lack of or inadequate receipts, sales or profits of any venture;
4.3.4 variations in the rate of exchange, rate of interest or stability of any currency; orITOO Special Risks (Pty) Ltd • Company Registration No: 2016/281463/07 • An authorised Financial Services Provider. FSP No: 47230
Villa Arcadia, 22 Oxford Road, Parktown, Gauteng, 2193 • PO Box 87419, Houghton, 2041
Tel: 011 351 5000 • Email: liabs@itoo.co.za
Page 4
4.3.5 financial default, insolvency, or failure to pay of any person, corporation or entity;
all (4.3.1 to 4.3.5) whether a party to this Contract of Insurance or otherwise.
4.4 any happening which is insured by or would, but for the existence of this Contract of Insurance, be insured by any
other insurance(s) except for any excess beyond the amount which would have been payable under such other in-
surance(s) had this Contract of Insurance not been effected.
4.5 any misrepresentation or concealment by the Insured.
4.6 fraud, infidelity or dishonesty by or in collusion with the Insured or any other party.
4.7 alterations to, or variance in, the conditions of the Risk Covered without the prior approval of Underwriters.
erroneous printing or duplication.
5. CLAIMS PROCEDURE
It is a Condition Precedent to the liability of Underwriters for a claim that the Insured:
5.1 shall, in the event of any claim, confirm the facts to the Underwriter(s) in writing as soon as possible, with all the in-
formation that is available.
5.2 shall not misrepresent or conceal facts in the making of a claim.
Before the Underwriter(s) have an obligation to pay a claim under this Contract of Insurance, the Insured shall:
5.3
5.3.1 prove the loss to Underwriters or their representatives in order to substantiate the occurrence, nature, cause
and amount of loss claimed under this Contract of Insurance. Proof of loss must include, but may not be lim-
ited to, the following information:
a. written confirmation that the Risk Covered was conducted in compliance with the terms, conditions, limi-
tations and exclusions contained herein or endorsed hereon; and
b. all documentation and records necessary to establish and assess indemnity hereunder.
5.3.2 forward immediately to the Underwriters or their representatives any letter, writ or other document received in
connection with any claim made under this Contract of Insurance.
5.4 as often as may be reasonably required submit to examination under oath on all matters connected with a claim, by
any person named by the Underwriters at such reasonable time and place as may be designated by the Underwrit-
ers or their representatives.
So far as is in their power the Insured shall cause their employees and all other persons interested in the Risk Cov-
ered to comply with the foregoing.
No such examination under oath or examination of books or documents, nor any other act of the Underwriters or
their representatives in connection with any investigation hereunder, shall be deemed a waiver of any defence which
the Underwriters might otherwise have. All such examinations and acts shall be deemed to have been made or done
without prejudice to the Insurers’ liability.