Page 40 - Hollard Private Portfolio - Version 3.5

38 Hollard Private Portfolio – Version 3.5 – 7 May 2024
Buildings
Accidental damage to fixed machinery – increased cover
We will pay for sudden and unexpected damage to fixed machinery installed at your premises which is used for domestic
purposes only, up to the limit stated in your policy schedule.
The limit for this cover is in addition to the limit provided under the heading We also cover you for.
Geyser – extended cover
Pay-out is limited to the amount stated in your policy schedule.
We cover the installation of green building products after a valid claim for the replacement of any water apparatus, such
as a geyser. A green building product is one that meets the industry-recognised green standard for that kind of product
in any of the following ways:
○ using less energy, water or natural resources
○ generating less waste
○ providing a healthier environment.
For example, your electrical geyser needs to be replaced after it burst. You would prefer not to replace it with a similar
electrical geyser, but rather upgrade it to a solar geyser. We will pay the cost to upgrade your electrical geyser to a
solar geyser, but only up to the limit stated in your policy schedule.
We will only pay once for the upgrade of an item.
Subsidence, landslip or ground heave – extended cover
Pay-out is limited to the sum insured stated in your policy schedule.
We will cover any loss or damage to the private residential building and the domestic outbuildings (including fixtures and
fittings attached to these buildings) caused by subsidence, landslip or ground heave as explained under the limited cover.
In addition to this we will also cover the following items and causes that are excluded from the limited cover:
○ Loss or damage to driveways, swimming pools and tennis courts caused by subsidence, landslip or ground
heave.
○ Loss or damage to boundary, retaining and garden walls, gate posts, fences, septic or conservancy tanks, water
paths, drains, paths and terraces, paving and swimming pool surroundings, but only if the private residential
building or outbuildings are damaged at the same time by subsidence, landslip or ground heave.
○ Loss of damage caused as a result of the contraction and/or expansion of active soils due to the moisture or
water content of such active soil as is experienced in clay and other similar types of ground.
Specific exclusions apply to subsidence, landslip or ground heave, (for both limited cover and extended cover), under
What is not covered.
Keys, locks and remote controls – increased cover
Pay-out is limited to the amount stated in your policy schedule.
We will pay for the cost of replacing lost, stolen or damaged keys, locks and remote controls, or damage to locks of your
building. This benefit also includes the following:
○ Locks, keys and remote controls to outside doors, safes, alarms and vehicles (even if the vehicle is not insured
under this policy).
○ The cost of a technician and any reprogramming that may be required.
○ We will also provide cover if you suspect that an unauthorised person has access to duplicates.
This is additional cover, and applies if the limited cover is not enough to replace your keys, locks or remote controls.
The limit for this cover is in addition to the limit provided under the heading We also cover you for.