Page 48 - Hollard Private Portfolio - Version 3.5

46 Hollard Private Portfolio – Version 3.5 – 7 May 2024
Household contents
Key terms to understand
Home
○ The private residential building (main building) that is situated at the risk
address as shown in your policy schedule and used for domestic purposes (for
example a house, townhouse or flat).
○ Outbuildings, such as garages, storage rooms, garden sheds, Wendy houses,
Zozo huts, greenhouses, staff quarters, studios, consulting rooms, flatlets,
cottages or any other building that is not attached or connected to the main
building with an interleading door.
Household contents Tangible and movable items kept at the risk address, that belong to you or for which you
are legally responsible. This also includes installed fixtures and fittings that belong to
you. For example, as a tenant or as the owner of a sectional title building, as long as the
fixtures and fittings are owned by you and you are financially responsible for the fixtures
and fittings under your rental agreement, and we have agreed to them in writing.
Renewable energy equipment and/or a photo-voltaic system attached to or permanently
fitted to the building, forms part of household contents, if it meets the conditions under
the Your specific responsibilities section.
The definition of Household contents does not include:
○ The following items, including all their fitted accessories, motor vehicles,
motorcycles, scooters, golf carts, three-wheeled vehicles, quad-bikes,
watercraft, hang-gliders (including their equipment), aircraft, caravans and
trailers (including their contents). Animals including fish, reptiles, pets and
livestock.
○ Water in tanks, swimming pools, spas or any other water container.
○ Rare books, medals, unset precious stones, individual stamps or coins.
Money This means negotiable instruments such as bank notes, Krugerrands, traveller’s cheques
and cards, credit cards, debit cards, phone cards, deed certificates, premium bonds,
promissory notes, bills of exchange and any documents negotiable for money at face
value.
Unoccupied Your home and outbuildings are unoccupied if you or any of the people who usually
live there or the person left on the premises in charge of and with access to the private
residential building, have all gone out.
Premises Your home, outbuildings and the grounds on which they are built.
Standard construction Means that all buildings have been built with:
○ walls of brick, stone or concrete and
○ roofs of slate, tile, concrete, asbestos or metal.
Non-standard construction This means that a building has been built with material other than those defined in the
above definition of "Standard construction" such as a thatch roof or walls of wood.
Paying guest A guest who stays at the home for a short period, without a contract, in exchange for a
fee.
Tenant A person who signed a rental agreement to live in the home for a set period. This includes
sub-tenants.
Subsidence, landslip or
ground heave
Refers to the movement of the land that supports the home.
Subsidence means sinking, for example the vertical, downward movement of the soil.
Landslip means the sliding down of a mass of land. It is in effect a small landslide and it
typically occurs on a slope.
Ground heave means the upward movement of soil supporting the home.