Page 44 - Hollard Private Portfolio

We will not pay for loss or damage while the machinery is covered by a manufacturer’s guarantee, purchase agreement or service contract.
This is additional cover, and applies if the limited cover is not enough to repair or replace your fixed machinery.
Geyser – extended cover
Pay-out is limited to the amount stated in the Schedule.
We cover the installation of green building products after a valid claim for the replacement of any water apparatus, such as a geyser. A green building product is one that meets the industry-recognised green standard for that kind of product in any of the following ways:
○ using less energy, water or natural resources;
○ generating less waste; or
○ providing a healthier environment.
For example, your electrical geyser needs to be replaced after it burst. You would prefer not to replace it with a similar electrical geyser, but to rather upgrade it to a solar geyser. We will pay the cost to upgrade your electrical geyser to a solar geyser, but only up to the limit stated in the Schedule.
We will only pay once for the upgrade of an item.
Subsidence, landslip or heave – extended cover
Pay-out is limited to the sum insured stated in the Schedule.
You are covered for loss of or damage to the buildings caused by subsidence, landslip or heave of the land supporting it. Specific exclusions apply to subsidence, landslip or heave, (for both limited cover and extended cover), under What is not covered.
In addition, we are not liable for loss or damage to septic and conservancy tanks, or drains and water courses, unless the buildings are damaged at the same time by the same insured event. Any damage that existed before your policy started is not covered.
If required, you will have to prove that the loss or damage being claimed for was caused by subsidence, landslip or heave.
Keys, locks and remote controls – increased cover
Pay-out is limited to the amount stated in the Schedule.
We will pay for the cost of replacing lost, stolen or damaged keys, locks and remote controls, as well as the call-out costs of a technician and the reprogramming of any coded alarm system. This will also apply if you have reasonable suspicion that an unauthorised person has access to duplicates.
This is additional cover, and applies if the limited cover is not enough to replace your keys, locks or remote controls.
Buildings
42 Hollard Private Portfolio – Version 3.0.0 – 20 April 2020