Page 28 - Hollard Private Portfolio

Key terms to understand
You
Buildings
Outbuildings
Premises
Risk address Unoccupied
Uninhabitable
Standard construction
Non-standard construction
Paying guest
Tenant
Subsidence, landslip or heave
You (the policyholder), your spouse, and any members of your immediate family who normally reside with you and are financially dependent on you
Your private home and outbuildings with all its infrastructure, fixtures and fittings (see full list below)
Any other domestic buildings on the grounds of your home, such as staff quarters, offices, consulting rooms or sheds
Your private home, outbuildings and the grounds on which they are built, situated in South Africa
The address in your Schedule
Your buildings are unoccupied if you or any of the people who usually live there or the person left on the premises in charge of and with access to the private home, have all gone out
A building is uninhabitable when we agree that it is not safe or suitable to be lived in while being repaired because of a valid claim under this policy
Means that all buildings have been built with:
○ walls of brick, stone or concrete
○ roofs of slate, tile, concrete, asbestos or metal
Means that a building has been built with material other than those defined in the
above definition of 'Standard Construction', such as a thatch roof or walls of wood
A guest who stays in the building for a short period, without a contract, in exchange for a fee
A person who signed a rental agreement to live in the building for a set period. This includes sub-tenants
Refers to the movement of the land that supports the home.
Subsidence means sinking, for example the vertical, downward movement of the soil.
Landslip means the downwards or sideways sliding of a mass of land. Heave means the upward movement of soil supporting the home.
Buildings
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Hollard Private Portfolio – Version 3.0.0 – 20 April 2020