Page 287 - Agriculture Policy Wording Binder

Personal All Risks
Collections
1. Stamps
If a stamp collection is described in the Schedule to be included, the following apply to this item:
1.1 all stamps, of which the value of any one item exceeds R7 500 (seven thousand five hundred rand) must be kept in a locked safe, strong room or strong box which is affixed to the floor or structural wall of the building, when not carried by the person;
PROVIDED THAT:
any single item with a value exceeding R7 500 (seven thousand five hundred rand) per item must have a valuation certificate issued by a reputable valuator, which is not older than 5 (five) years
1.2 Should the valuation certificate not be available or is older than 5 (five) years as stipulated in point 1.1 above, the Company will only be liable:
1.2.1 if one or more completed pages of the collection are lost or damaged;
1.2.2 the Company’s liability for any one stamp will not exceed two-thirds of the value stated in any current recognised catalogue up to R7 500 (seven thousand five hundred rand) any one stamp;
2. Coins
If a coin collection is described in the Schedule to be included, the following apply to this item:
2.1 all coins, of which the value of any one item exceeds R7 500 (seven thousand five hundred rand) must be kept in a locked safe, strong room or strong box which is affixed to the floor or structural wall of the building, when not carried by the person;
PROVIDED THAT:
any single item with a value exceeding R7 500 (seven thousand five hundred rand) per item must have a valuation certificate issued by a reputable valuator, which is not older than 5 (five) years
2.2 Should the valuation certificate not be available or is older than 5 (five) years as stipulated in point 2.1 above, the Company will not be liable for:
2.2.1 current coins;
2.2.2 more than R7 500 (seven thousand five hundred rand) for any one coin.
Contents of caravan and/or luggage trailer
If the contents of a caravan and/or luggage trailer are specified in the Schedule to be included the following apply to those items:
1. property insured means household goods belonging to the Insured or for which he/she is responsible while in the caravan or attached side tent and/or luggage trailer;
2. the
Company will not be liable for:
2.1 theft of property insured while the caravan or side tent is unoccupied unless there is forcible and violent entry;
2.2 theft of property insured out of luggage trailers unless there is forcible and violent entry;
2.3 more than R1 000 (one thousand rand) or 25% (twenty five percent) of the sum insured whichever is the greater, for any one article;
2.4 the permanent fixtures and fittings of the caravan;
2.5 stamp and/or coin collections, money, documents, jewellery, furs or any article more specifically insured;
2.6 loss or damage caused by fraud or dishonesty by any person to whom the caravan and/or luggage trailer is on loan or hire.
Household goods in transit
Cover in terms of unspecified property above is extended to include theft of household goods belonging to the Insured and in his/her custody or control whilst in transit.
Policy Wording – Agriculture – Binder – Version 2 2023 Page | 285