Page 98 - Sectional Title Policy Wording

Loss of fuel
Hollard will pay for loss of fuel from the fuel tank of the vehicle covered in terms of Sub-Section A of the Section and stated in the Schedule as a result of:
1. a collision involving the vehicle; or
2. theft/hijacking of the vehicle or any attempt thereat accompanied by violence or threat of violence;
PROVIDED THAT:
1. You will provide proof of the quantity of fuel contained in the vehicle’s fuel tank at the time of loss;
2. Hollard’s liability will not exceed R1 000 (one thousand rand) any one occurrence; and
3. You will be responsible for the first R250 (two hundred and fifty rand).
You will pay in addition all other first amounts payable in terms of the original claim.
Loss of locks, keys, central locking devices and remotes
Hollard will indemnify You in respect of the cost of replacing locks, keys, central locking devices and remotes including the remote alarm controller and, if necessary, the reprogramming of any coded alarm system of any Insured vehicle, following upon the disappearance of any key or alarm controller of such vehicle or following upon You having reason to believe that any unauthorised person may be in possession of a duplicate of such key or alarm controller;
PROVIDED THAT:
1. Hollard’s liability will not exceed R15 000 (fifteen thousand rand) in respect of any one event; and
2. You will be responsible for the first 10% (ten percent) of the claim with a minimum of R1 250 (one thousand two hundred and fifty rand);
3. the vehicle is insured under Sub-Section A.
Additional cover may be purchased in which case the limit stated in the Schedule will be over and above the automatic cover provided.
Parking facilities and movement of third-party vehicles
This Section extends to indemnify You in respect of accidents caused by or through or in connection with the moving of any vehicle (not owned or borrowed by or hired or leased to You) by any person in Your employment or acting on Your behalf:
PROVIDED THAT:
1. this Extension shall not apply in respect of damage to vehicles which are parked for reward.
2. Hollard’s liability will not exceed R2 500 000 (two million five hundred rand) any one event.
Additional cover may be purchased in which case the limit stated in the Schedule will be over and above the automatic cover provided.
For the purpose of this Extension, such vehicle (and its contents) shall not be deemed to be held in Your trust or in Your custody or control.
Passenger liability
Exception 2 to Sub-Section B shall not apply to vehicles described in definition 2., other than special types, or in definitions 3 or 4. The limit of indemnity for any one occurrence shall not exceed R2 500 000 (two and a half million rand).
Principals
Notwithstanding Specific Exception 2 of this Section, the indemnity under Sub-Section B extends to indemnify to the extent required by the general conditions of contract published by the Joint Building Contracts Committee, the South African Association of Consulting Engineers, the South African Institution of Civil Engineers and in connection with any liability arising from the performance of such contract, any principal named in such contract entered into by the Insured for the purposes of the business;
PROVIDED THAT:
the liability of Hollard will not exceed the limit of indemnity stated in the Schedule.
Motor
Page | 96 Sectional Title Insurance Policy Wording – Version 4 2023