Page 31 - Sectional Title Policy Wording

Buildings
3. it is a condition precedent to liability that You shall, on discovery of a leak (by physical evidence or on receipt of abnormally high water reading indicated on the account), take immediate steps to identify and repair the affected leaking apparatus/pipes;
4. in addition the Company will pay for the cost of identifying water leaks on the premises up to R5 000 (five thousand rand) per event or R10 000 (ten thousand rand) during any one insurance period;
5. in addition the Company will pay the cost of filling up swimming pools or ponds following maintenance or repairs up to R5 000 (five thousand rand) per any one event or R10 000 (ten thousand rand) during any one insurance period;
6. Hollard will not be liable to pay for:
6.1 cost towards remedial action including repairs to affected apparatus/pipes;
6.2 losses as a result of:
6.2.1 leaking taps, geysers, toilet systems, swimming pools or any other water tank;
6.2.2 any deliberate acts by You;
6.2.3 taps or else left open after being used;
6.2.4 any unit left unoccupied for more than 31 (thirty one) days consecutively;
6.3 You will be responsible for the first 10% (ten percent) of the claim, with a minimum of R500 (five hundred rand) for each and every claim.
OPTIONAL CLAUSES AND EXTENSIONS (if stated in the Schedule to be included) Riot and strike
Subject otherwise to the Terms, Conditions, Exclusions, Exceptions and Warranties contained therein, this Section is extended to cover damage directly occasioned by or through or in consequence of:
1. civil commotion, labour disturbances, riot, strike or lockout;
2. the act of any lawfully established authority in controlling, preventing, suppressing or in any other way dealing with any occurrence referred to in 1. above;
PROVIDED THAT:
this Extension does not cover:
1. loss or damage occurring in the Republic of South Africa and Namibia;
2. consequential or indirect loss or damage of any kind or description whatsoever, other than loss of rent if specifically insured;
3. loss or damage resulting from total or partial cessation of work, or the retarding or interruption or cessation of any process or operation;
4. loss or damage occasioned by permanent or temporary dispossession resulting from confiscation, commandeering or requisition by any lawfully constituted authority;
5. loss or damage related to or caused by any occurrence referred to in General Exception 1.1.2, 1.1.3, 1.1.4, 1.1.5 or 1.1.6 of this Policy or the act of any lawfully established authority in controlling, preventing, suppressing or in any other way dealing with any such occurrence.
If the Company alleges that, by reason of Provision 1, 2, 3, 4 or 5, loss or damage is not covered by this Section, the burden of proving the contrary shall rest on the Insured.
Subsidence and landslip (extended cover)
1. This Section is extended to include loss of or damage to the insured property caused by subsidence or landslip of the land supporting the said insured property or heave thereof;
PROVIDED THAT:
such loss or damage is not caused by or does not arise from:
1. normal settlement, shrinkage or expansion of the land supporting the insured property;
2. alterations, additions or repairs to the insured property;
Sectional Title Insurance Policy Wording – Version 4 2023
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