Policy wordings updated in order to clarify that in the case of an
electric vehicle that has been purchased but the battery leased, our
policy will provide cover for the "Insured Value Of The Battery" (as
declared on the separate Battery Lease Agreement) so long as the Comprehensive Motor Insurance policy covering the vehicle is also providing cover for the Battery.
In such cases the purchase price of the vehicle, declared to us at the time of purchasing the policy, needs to be the combined sum of the vehicle purchase price as declared on the supplying dealer's invoice PLUS
the "Insured Value Of The Battery" declared on the Battery Lease Agreement.