Page 81 - Agriculture Policy Wording Binder

Money
PROVIDED THAT:
1. the Company's liability shall not exceed the amount stated in the Schedule; and
2. the Insured shall be responsible for the first 10% (ten percent) of the claim with a minimum of R500 (five hundred rand) each and every claim.
Riot and strike
Subject otherwise to the Terms, Conditions, Exclusions, Exceptions and Warranties contained therein, this Section is extended to cover damage directly occasioned by or through or in consequence of:
1. civil commotion, labour disturbances, riot, strike or lockout;
2. the act of any lawfully established authority in controlling, preventing, suppressing or in any other way dealing with any occurrence referred to in 1. above;
PROVIDED THAT:
this Extension does not cover:
1. loss or damage occurring in the Republic of South Africa and Namibia;
2. consequential or indirect loss or damage of any kind or description whatsoever, other than loss of rent if specifically insured;
3. loss or damage resulting from total or partial cessation of work, or the retarding or interruption or cessation of any process or operation;
4. loss or damage occasioned by permanent or temporary dispossession resulting from confiscation, commandeering or requisition by any lawfully constituted authority;
5. loss or damage related to or caused by any occurrence referred to in General Exception 1.1.2, 1.1.3, 1.1.4, 1.1.5 or 1.1.6 of this Policy or the act of any lawfully established authority in controlling, preventing, suppressing or in any other way dealing with any such occurrence.
If the Company can demonstrate that, by reason of Provision 1, 2, 3, 4 or 5, loss or damage is not covered by this Section, the burden of proving the contrary shall rest on the Insured.
SPECIAL CONDITION (applicable to Sub-Section A) 1. Money in transit
Unless otherwise stated in the Schedule, the Company shall compensate the Insured for loss of or damage to money as defined whilst in transit;
PROVIDED THAT:
1. the transit route is by direct journey and uninterrupted to and from the bank;
2. the money is not left in an unattended vehicle;
3. money up to, and including, R20 000 (twenty thousand rand) is carried and under the control of at least one permanent employee of the Insured;
4. money valued between, and including, R20 001 (twenty thousand and one rand) and R50 000 ( fifty thousand rand) is carried and under the control of at least two permanent employees of the Insured and split equally between them;
5. money in excess of R50 000 (fifty thousand rand):
5.1 is carried by an approved and professional money handler;
5.2 is carried in a vehicle specifically converted for the purpose of carrying cash;
5.3 the vehicle is equipped with armed guards and linked to a control room; and
5.4 Provision 1, 2, 3 and 4 shall not apply to Provision 5.
The Insured shall be responsible for the first 15% (fifteen percent) of each claim with a minimum of R1 000 (one thousand rand) or the amount stated in the Schedule.
Policy Wording – Agriculture – Binder – Version 2 2023 Page | 79