Page 19 - Hollard - Private Portfolio Policy Wording

Claims
Other points to note
Sum insured will not be reduced
This point is applicable to the following sec ons of this policy: Household Contents, Buildings and All Risks (unspeci ed items). It states that the sum insured will not be reduced a er we have compensated you for a claim. We may, however, require you to pay an addi onal premium for the increase of the sum insured to the original amount from the date of loss to the next renewal date.
Cover applies in RSA and neighbouring countries
The cover in this policy is valid within the territorial limits of South Africa, as well as the following countries: Botswana, Lesotho, Namibia, Swaziland, Malawi, Mozambique, Zambia and Zimbabwe. We may agree to extend the territorial limits on our terms.
Bringing damaged property back to South Africa
If you want to claim for property damaged outside of South Africa, you must rst bring it back into the country or to the nearest border post. You have to do this at your own expense, unless we have agreed to pay.
South African law applies
This policy is subject to South African law.
Keeping within the law
If any of the terms or condi ons of this policy are in breach of exis ng legisla on, they will be amended so that they comply with the law.
How claiming a ects your premium
If you have not claimed during the 12 months before the renewal date of your policy:
○ your premium may be reduced
○ and your Claim-free Group (CFG) increased.
Whenever you are paid out for a claim, you may nd that your premium is increased and your Claim-free Group reduced.
Claim-Free Group and the number of mes you claimed are concepts used by us to reward you for not claiming by increasing your premium discount, or reducing it a er a claim.
Trade and economic sanc ons
We cannot provide any cover where to do so would violate trade or economic sanc ons. Should we become aware of the fact that you are subject to such sanc ons, we would have to void (cancel) your policy from its start date. We will refund any premiums due to you, and no claims will be payable.
Hollard Private Por olio 17