Page 45 - Hollard Private Portfolio

Buildings
Power surge – increased cover
Pay-out is limited to the amount stated in the Schedule.
We will pay for damage to your buildings that is caused by an electricity power surge on the distribution line of any public authority.
This additional cover applies only if you have installed surge-protection devices, and if the limited cover is not enough to replace or repair the damage.
What is not covered
Loss or damage caused by
You are not covered for loss or damage that is due to:
○ the buildings not being maintained properly
○ domestic animals that belong to you
○ vermin, except for monkeys and baboons. Vermin are animals and insects that can be harmful and are difficult to control when they appear in large numbers. Vermin include moths, rodents, termites, parasitic worms or any other animal or insect classified as invasive species
○ mildew, damp, wet- or dry-rot, wear and tear, or any other gradually operating cause
○ defective – design, specification, construction, workmanship or material of the insured property.
You are also not covered for:
○ loss or damage whilst the building is vacant, abandoned or illegally occupied
○ loss or damage caused by theft where your building is unoccupied for more than 60 consecutive days, unless we have agreed to it or you have told us that it is a holiday home.
When you do structural building alterations or additions, and there is loss or damage caused by the structural building alterations or additions, we will not cover you for loss or damage to your home as a result of:
○ the cracking, collapse or subsiding of the building
○ accidental damage caused by the contractor
○ theft unless there is evidence of violent and forced entry or exit from the building
○ water, storm or flood damage to the building where structural alterations and additions have not been fully completed
○ malicious damage or vandalism caused by the contractor to unfinished parts of the building.
Hollard Private Portfolio – Version 3.0.0 – 20 April 2020 43