Page 66 - Hollard Private Portfolio - Version 3.5

64 Hollard Private Portfolio – Version 3.5 – 7 May 2024
Household contents
○ Be installed by a registered electrician who must provide either of the following:
– A Certificate of Compliance for the installation.
– Proof of installation stating the adherence to the required electrical standards and regulations at the
time that the device was installed, as well as complete the Surge arrester checklist form, which you
can request from your broker.
The Certificate of Compliance or proof of installation must be provided to your broker soon after the device was
installed. If you are not able to provide proof of installation or have not met the surge arrester requirements,
you will not have cover.
Renewable energy equipment and/or photo-voltaic systems
If you have renewable energy equipment and/or a photo-voltaic system (commonly referred to as a solar PV system),
including inverters, batteries and fixed generators attached or permanently fitted to the building and you are legally and
financially responsible for it, cover is subject to the following conditions:
○ We do not cover loss or damage to solar installations that are fitted on a thatch roof.
○ We do not cover loss or damage to solar geysers or hybrid solar system installations where the roof structure is
not capable of bearing the additional weight of the installation.
○ Your Household contents sum insured must include the value of these items to avoid underinsurance. You also
need to double-check that your sum insured is still sufficient at policy anniversary, as it is possible that the
cost of these items will increase by more than the inflationary percentage applied to your overall Household
contents sum insured.
○ Cover is on condition that the equipment is not covered in any other policy.
○ You are unable to insure the items under the Buildings section, for example as the owner of a sectional title
building under your rental agreement or sectional title lease agreement.
○ The equipment must be installed by a registered electrician who must provide either one of the following:
– A Certificate of Compliance for the installation.
– Proof of installation stating adherence to the required electrical standards and regulations at the time
that the device was installed.
Any items forming part of the installation of renewable energy equipment that are intended to be kept or used outdoors,
are covered for theft even if there are no visible signs of forcible or violent entry to or exit from the main building or the
property.