Page 54 - Hollard Private Portfolio

Key terms to understand
You
Home Outbuildings Unoccupied
Uninhabitable
Premises
Standard construction
Non-standard construction Paying guest
Tenant
Subsidence, landslip or heave
Includes yourself, your spouse and any members of your immediate family who normally reside with you and are financially dependent on you
The private home or other domestic building or place in which you live or reside, situated in South Africa
Any other domestic buildings on the grounds of your home, such as staff quarters, offices, consulting rooms or sheds
Your home and outbuildings 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 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
Your home, outbuildings and the grounds on which they are built Means that all buildings have been built with:
○ walls of brick, stone or concrete and
○ 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 at the home for a short period, without a contract, in exchange for a fee
A person who signed a rental agreement to live in the home 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.
Active soil means soil that changes in volume because of changes in the moisture content. For example, clay and other similar types of soil.
– Soil increases in volume when it gets wet (heaves or swells); or
– Soil decreases in volume when it gets dry (shrinks)
Collectables mean any item that is regarded as being of value or interest to a collector, for example firearms, stamps, coins and medal collections. We will pay up to the value set out in a recognised catalogue or pricelist as at the date of the loss or damage, or as determined by an independent specialist
Collectables
Household contents
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Hollard Private Portfolio – Version 3.0.0 – 20 April 2020