Page 144 - Hollard Private Portfolio - Version 3.5

142 Hollard Private Portfolio – Version 3.5 – 7 May 2024
Pleasure-craft
What we cover
STANDARD COVER
Loss or damage
You are covered for all accidental loss or damage to your pleasure-craft, as well as liability to any third party.
Liability to third parties
We will pay for your legal liability towards a third party if your pleasure-craft or trailer is involved in an event, other than
on land, which causes:
○ bodily injury to any person, or the accidental death of that person
○ bodily injury to any passenger, or the accidental death of that passenger
○ damage to property.
We will also pay any costs and expenses incurred with our written consent to represent you at any inquest, or in defence
of any claim against you.
The maximum amount that we will pay is the limit of liability stated in your policy schedule.
Other people using your pleasure-craft
If someone else is piloting your pleasure-craft with your permission, they too will be covered, provided that they:
○ have never, to your knowledge, been refused insurance
○ are not entitled to compensation under any other policy
○ are not piloting the pleasure-craft as an employee of a shipyard, slipway, yacht club or similar organisation
○ comply with all the terms and conditions of this policy.
The maximum amount that we will pay is the limit of liability stated in your policy schedule.
Waterskier’s liability
Your liability to third parties also includes liability arising out of people being towed by you and engaging in water sport
such as skiing, aquaplaning, kiting and paragliding.
How much we cover
How we handle claims in neighbouring countries (Repatriation)
○ if you have a valid claim, we may decide either to have the pleasure-craft repaired in the country concerned, or
have you bring it back to South Africa for repairs.
○ we will not pay for the following:
– theft of parts or accessories while the pleasure-craft is left unguarded at the scene of an accident
– more than the amount in your policy schedule for towing costs and bringing the damaged pleasure-
craft back to South Africa
– any government-imposed duties, customs, charges or stamps
– if the pleasure-craft is a write-off and you do not bring it back to South Africa, we will deduct the value
of the salvage from your pay-out. The value of the salvage will be the amount we would have received
for it in South Africa. You will remain the owner of the salvage and be responsible for complying with
any local government requirements.