Page 24 - Sectional Title Policy Wording

8. Accidental damage to sanitary-ware and fixed glass, such as fixed glass in windows, doors, fanlights, skylights, greenhouses, conservatories and veranda’s, fixed wash-basins, pedestals, sinks, lavatory pans, splash backs and cisterns (but excluding chipping, scratching and other disfiguration) forming part of the building up to R50 000 (fifty thousand rand), for each and every incident of such damage and the Insured shall be responsible to pay the first R1 000 (one thousand rand). Additional cover may be purchased in which case the limit stated in the Schedule will be over and above the automatic cover provided;
9. In addition to any payment in respect of a defined event, Hollard will indemnify You in respect of the cost of replacing aerials and satellite dishes caused by accidental breakage or collapse thereof:
PROVIDED THAT:
1. the liability of Hollard shall not exceed R5 000 (five thousand rand) or R10 000 (ten thousand rand) in the aggregate per event;
2. You shall be responsible for the first R500 (five hundred rand) each and every claim.
10. Sudden and unforeseen bursting and overflowing of water or oil from tanks, apparatus or pipes including any fixed water or oil-fired heating installation including damage to tanks, apparatus or pipes BUT excluding all damage as a result of wear and tear and gradual deterioration, whether visible or concealed, and excluding geysers which are more specifically insured under The Geyser All Risks Section.
PROVIDED THAT:
1. the Company shall not be liable to pay for loss or damage:
1.1 caused by, or aggravated by, wear and tear, rust, decay or gradual deterioration;
1.2 caused by cracking or splitting of the unit;
1.3 as a result of faulty material or workmanship, inherent device and latent defects or faulty or defective design;
1.4 recoverable in terms of manufacturer's warranty;
1.5 loss or damage as a result of failure or deliberate withholding of supply of water or electricity or fuel;
2. the Company’s liability shall not exceed R12 500 (twelve thousand five hundred rand) per event;
3. the Insured shall be responsible for the first 10% (ten percent) of the claim with a minimum of R1 000 (one thousand rand) for each and every claim.
Additional cover may be purchased in which case the limit stated in the Schedule will be over and above the automatic cover provided.
11. Such additional perils as stated in the Schedule to be included
12. shade nets and canopies
12.1
Up to 1 year
Up to 2 years
Up to 3 years
12.2
the Company will pay for loss or damage to shade nets and canopies in the open at the premises and included in the sum insured caused by hail, wind, snow or storm up to R50 000 (fifty thousand rand) for each and every event;
PROVIDED THAT:
1. 2.
the Condition of average shall apply;
the Insured shall be deemed to be Co-Insurer on the basis stated in the table below:
10% Up to 4 years 60%
25% Up to 5 years 80%
40% Older than 5 years 100%
Buildings
Age of shade nets
% of Co-insurance
Age of shade nets
% of Co-insurance
Additional cover may be purchased in which case the limit stated in the Schedule will be over and above the automatic cover provided.
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Sectional Title Insurance Policy Wording – Version 4 2023