Third Party Only TPO covers legal liability to third parties only.

What is third party only?

Bare minimum: only covers other people’s damage. As a King Price client you will see third party only referenced on your policy schedule, in your claim documents, or in conversations with client care on 0860 50 50 50.

How third party only works

third party only is governed by the terms set out in the King Price Policy Document and the individual schedule issued for your policy. Your schedule always overrides the master wording where they differ, so the values, limits and conditions that apply to you appear there in plain English.

King Price reviews the application of third party only at every renewal, and any change to your risk profile, address, vehicle, security or claims history is taken into account. The Treating clients Fairly framework requires this detail to be communicated clearly before any change takes effect.

Example

Lerato lives in a Sandton apartment with R350 000 of contents. Write off someone’s BMW → TPO pays them, not you. In this scenario, third party only determines the practical outcome for the client. The exact numbers depend on the cover option, the excess on the schedule and the limits set out in the policy document.

Why third party only matters

Understanding third party only helps King Price clients make better decisions about cover. It affects the monthly premium, the payout at claim stage, and the steps required before and after an incident. Getting it right means no surprises at claim time.

King Price aims to make insurance great again with plain-English wording, transparent premiums and a direct relationship with clients. Clear terminology like third party only is part of that promise.