Page 215 - Agriculture Policy Wording Binder

Electronic Equipment
ELECTRONIC EQUIPMENT
SUB-SECTION A – MATERIAL DAMAGE
DEFINED EVENTS
1. Physical loss or damage:
to the property insured, described in the Schedule, from any cause not hereinafter excluded whilst:
1.1 at work or at rest anywhere within the insured premises as specified;
1.2 in transit including loading and unloading or whilst temporarily stored at any premises en route;
1.3 temporarily removed from the insured premises to any other location.
2. Losses as a result of lightning and power surge:
to property described in the Schedule;
PROVIDED THAT:
2.1 must be protected by any SANS (South African National Standard) approved surge arrestors installed on all data lines, power supplies, electronic distribution boards or individual equipment on the insured premises and installation must comply with all SANS requirements;
2.2 the Insured shall be responsible to pay an additional 10% (ten percent) of claim with a minimum of R500 (five hundred rand) if not complied with 2.1 above.
3. Losses as a result of remote blocking:
3.1 If the Insured can demonstrate through video surveillance footage (or any other conclusive proof) that an attempt was made to lock the vehicle using the vehicle remote but that the locking mechanism was blocked by thieves using an electronic device, such evidence will be deemed to satisfy the forcible and violent entry or exit requirement for any loss out of the cab or boot of the vehicle;
3.2 Where the Insured maintains that the vehicle was locked but no evidence of forcible and violent entry into or exit from the vehicle exists, cover may be considered;
PROVIDED THAT:
1. the police case number is supplied to the Company;
2. cover shall only apply to property that is separately and individually specified in the Schedule;
3. after deduction of the first amounts payable in the Schedule, the liability of the Company is further restricted to the lesser of the sum insured shown on the Schedule or R25 000 (twenty five thousand rand) in respect of any one event;
PROVIDED THAT:
Should the loss of or damage be entertained in terms of 3.2 above, the Insured shall be responsible for an additional first amount payable of 10% (ten percent) of the claim, minimum R1 000 (one thousand rand) or the amount stated in the Schedule.
SPECIFIC EXCEPTIONS (APPLICABLE TO SUB-SECTION A)
The Company will not be liable to indemnify the Insured, irrespective of the original cause, in respect of:
1. the first amount payable:
as stated in the Schedule in respect of Sub-Section A, of each and every event giving rise to a claim. Where more than one item of property insured suffers physical loss or damage in any one event, the first amount payable shall be the highest single amount applicable to such property insured;
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