Page 62 - Hollard Private Portfolio

All pay-outs limited
The pay-outs for the insured events described below are limited to the amounts stated in the Schedule.
Accidental damage
Your contents are covered for accidental loss or damage inside your home or outbuildings or at your premises.
Accidental damage does not include any of the following:
○ depreciation, or gradual causes such as wear and tear, deterioration, rust, rising damp and mildew, corrosion or decay
○ mechanical, electronic or electrical breakdown
○ a cleaning, repairing or restoration process
○ while alterations, extensions or improvements such as painting or tiling are being done at your home
○ cracking or scratching (unless caused by theft, attempted theft, fire or explosion) of glassware, glass or other brittle articles other than jewellery, watches, cameras, fixed glass or TV sets
○ the cost of reproduction or repair of data or software
○ any loss claimable under another clause or section of the policy.
Accidental death
If you are under the age of 80, and you die within 12 months of sustaining an injury on your premises, we will pay out according to the limit stated in the Schedule for your age.
Alternative accommodation or loss of rent
If your building becomes uninhabitable because of damage to it caused by an insured event, we will cover you for the following:
○ If you live in the building, we will cover you for the cost of living in alternative accommodation of similar value and location as the insured building, for you, your domestic workers and pets. We will also cover you for emergency accommodation we have agreed to, for up to two nights, whilst you are finding alternative accommodation of similar value and location.
○ If you rent out the building, or part of it, we will cover you for the loss of rental income payable by the tenant or paying guest.
This cover will apply until the earliest of the following:
○ The insured building becomes habitable again.
○ The limit stated in the Schedule has been reached.
The cover in this section does not apply when the buildings are being structurally altered.
Household contents
60 Hollard Private Portfolio – Version 3.0.0 – 20 April 2020