Page 96 - Agriculture Policy Wording Binder

DEFINED EVENTS
1. Loss of or damage:
BUSINESS ALL RISKS
1.1 to the whole or part of the property described in the Schedule whilst anywhere in the world by any accident or misfortune not otherwise excluded;
1.2 loss of or damage to the property of guests and/or clients (excluding firearms of any nature) engaged in any activities relating to sight-seeing drives, winemaking processes or wine tasting or any activities of a similar nature or accommodating commercial hunting and/or game viewing activities caused by any accident or misfortune arising from any fortuitous circumstances not excluded in terms of any exceptions which is applicable to this Policy in general within the territorial limits.
1.3 cost and expenditure necessarily and reasonably incurred by the Insured and approved by the Company for the purpose of destruction, disposal and/or return costs of wine and related products (or any part thereof) the property of the Insured described in terms of Defined Event 1 of the Accidental Damage – Wine Section of this Policy, from anywhere in the world to the Insured’s premises consequent upon damage by any peril not otherwise specifically excluded applicable to Item 1 – Wine and Related Products of Defined Event 1. as contained in Special provisions with reference to wine and related products of the Accidental Damage – Wine Section of the Policy.
1.4 accidental physical loss of or damage to metal and/or fiberglass wine tanks, and/or wooden vats and/or cement casks and/or tank portals;
PROVIDED THAT:
1. the Insured shall be responsible for the first amount payable stated in the Schedule in respect of each and every event except a claim resulting from fire, lightning or explosion.
2. the liability of the Company in terms of Loss of or Damage (1.1), (1.2) and (1.4) above shall in no case exceed in respect of each and every item the sum insured shown against such item stated in the Schedule
3. the value of the property in respect of Loss of or Damage (1.3) above shall be limited to a maximum amount of R5 000 (five thousand rand) any one item and limited to R25 000 (twenty five thousand rand) in the aggregate any one event.
2. Losses as a result of remote blocking
2.1 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.
2.2 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 2.2 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.
Business All Risks
Page | 94 Policy Wording – Agriculture – Binder – Version 2 2023