Page 29 - Agriculture Policy Wording Binder

Fire
PROVIDED THAT:
in the event of claims arising from the death of animals, game or ostriches caused by lightning:
1. at the time of submitting a claim the Insured shall furnish the Company with a sworn affidavit, confirming the following:
1.1 the death of the animal(s) was caused by lightning;
1.2 declaring at the time of the loss the total number of animals, game and/or ostriches the Insured possessed as well as the total number of animals, game and/or ostriches not belonging to, or held in trust by, or in the custody, or under the control of the Insured or any employee or agent of the Insured;
2. in the event of the animals, game and/or ostriches insured by this Section being destroyed as a result of direct lightning the Insured shall be responsible for the first 10% (ten percent) of each and every loss subject to a minimum of R1 000 (one thousand rand) in the case of large game and/or ostriches and R500 (five hundred rand) in the case of small game;
3. the condition of average shall apply.
Crude, Fodder, Hay, Straw, Chaff and similar Crops in Buildings as well as Tobacco in Air Curing Barns
1. In the event of loss or damage of the insured property by fire, lightning or explosion, the Company shall not be liable to pay more than 75% (seventy five percent), or should any other insurance exist, the rateable portion of 75% (seventy five percent) of the market value of the property or the amount stated in the Schedule, whichever is the lesser, immediately prior to the fire or explosion;
PROVIDED THAT:
1. the Insured shall be considered as being his own insurer for 25% (twenty five percent) of the market value of the insured property or the amount stated in the Schedule, whichever is the lesser;
2. the liability of the Company in respect of crude fodder stored in enclosed buildings shall not exceed R350 000 (three hundred and fifty thousand rand) per building or the amount stated in the Schedule;
3. the liability of the Company in respect of crude fodder stored in buildings not fully enclosed shall not exceed R150 000 (one hundred and fifty thousand rand) per building or the amount stated in the Schedule;
4. in respect of the storage of crude fodder it is a condition precedent to liability that all combustible material and vegetation within an area of at least 5 (five) meters in the immediate vicinity of the insured building or structure concerned in which crude fodder of any kind is kept or stored shall be cleared and removed from the site.
2. The Company will not be liable for:
loss of or damage to tobacco in air curing barns as a result of water;
UNLESS:
damage is accompanied by damage to the building as a result of a Defined Event.
Crude Fodder, Hay, Straw, Chaff and Similar Crops in Stacks in the Open
In the event of loss or damage to property insured described in the Schedule:
1. the Company’s liability shall be limited to 75% (seventy five percent) of the market value immediately prior to the loss or damage or the sum insured, whichever is the lesser;
PROVIDED THAT:
1. the Insured shall be considered his own insurer for 25% (twenty five percent) of the nominated value of the property insured or the sum insured, whichever is the lesser;
2. the Company’s liability with regards to crude fodder in the open in a stack/pile or in a group of stacks/piles shall not exceed R350 000 (three hundred and fifty thousand rand) or the amount stated in the schedule for any one event;
Policy Wording – Agriculture – Binder – Version 2 2023 Page | 27