Page 258 - Agriculture Policy Wording Binder

Houseowners
DEFINITION
Property
The building(s) of the private dwelling house(s) and all private garages, domestic outbuildings and domestic apartments of which the situation is as stated in the Schedule and constructed of brick, stone, concrete or metal on metal framework and roofed with slate, tiles, metal, concrete or asbestos, unless otherwise stated in the Schedule including walls, gates and machinery thereof, fences (other than hedges), spa baths, sauna rooms, jacuzzis, sunken swimming pools including
the filtration equipment and spa, sauna, jacuzzi and swimming pool machinery (other than automatic pool cleaning equipment), pool safety nets and covers, tennis courts, squash courts, domestic water tanks and structures thereof, septic sewerage tanks, domestic borehole pumps and electrical motors and other domestic water supplying equipment (excluding windmills and its equipment), electrical air conditioners, solar heating systems, brick, tar or concrete driveways and patios on the same premises and used solely in connection therewith including landlord’s fixtures and fittings therein or thereon
SPECIFIC EXCEPTIONS
This insurance does not cover damage to property caused by, or aggravated by depreciation, moths, vermin, insects and termites.
SUB-SECTION B – PUBLIC SUPPLY CONNECTIONS DEFINED EVENTS
Accidental damage to water, sewerage, gas, electricity and telecommunication connections the property of the Insured or for which they are legally responsible, between the property insured and the public supply or mains.
SUB-SECTION C – RENT DEFINED EVENTS
Loss of rent as a result of the property insured being so damaged by any of the perils specified as to be rendered untenantable (including partially untenantable) but only for the period necessary for reinstatement and for an amount not exceeding 30% (thirty percent) of the sum insured on the affected property. The basis of calculation shall be the rent payable immediately preceding the damage or its equivalent in rental value.
SUB-SECTION D – LIABILITY DEFINED EVENTS
Damages for which the owner of the building shall become legally liable to pay consequent upon accidental death of or bodily injury to or illness of any person (hereinafter termed injury) or accidental loss of or physical damage to tangible property (hereinafter termed damage) occurring during the period of insurance in, on or about the property insured and arising from the Insured’s ownership thereof.
LIMIT OF INDEMNITY
The amount payable inclusive of any legal costs recoverable from the Insured by a claimant or any number of claimants and other costs and expenses incurred with the Company’s consent for any one event or series of events with one original cause or source shall not exceed R5 000 000 (five million rand).
SPECIFIC EXCEPTIONS
The Company will not indemnify the Insured under this Sub-Section in respect of: 1. injury or damage sustained by:
1.1 any member of the same household or family as the Insured;
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Policy Wording – Agriculture – Binder – Version 2 2023