Page 33 - Hollard - Private Portfolio Policy Wording

Buildings
6. The
The pay-out depends on circumstances, security and occupancy
The exact amount we pay out for the always depends on the underlying circumstances. Some mes we pay out up to the full sum insured – for example, when the the occurs at your private home.
At other mes, we pay less than the full sum insured, or simply a limited amount – for example, when the the occurs from your outbuildings and the minimum security is not in place. These lesser amounts are spelled out in the Schedule.
How much we pay for the claims
The of any part of the buildings in the open
You are covered for the the (or a empted the ) up to the sum insured of any xed part of the buildings in the open – for example, the motor from your front gate, the bricks of your driveway.
Pay-out up to the sum insured (if minimum security is in place)
The of any part of the buildings
You are covered for the the (or a empted the ) of any part of the buildings – for example, the ed carpets or light ngs in your private home and outbuildings – provided you comply with the minimum security.
Damage to your buildings during a burglary
You are covered for loss or damage caused by the or a empted the to your buildings.
Buildings lent or let (forced entry required)
There must be clear signs of forced entry to or exit from the buildings when the building is lent, let or sub-let other than to a maximum of 3 paying guests, lodgers or boarders.
Limited pay-out (minimum security not in place) – outbuildings
Forced entry or exit – outbuildings
We pay out less than the sum insured for the if you do not have the minimum security requirements in place, but only if there are clear signs of forced entry to or exit from your outbuildings.
No pay-out
Under the following circumstances we will not pay you for any loss or damage:
○ If your private home does not comply with the minimum security requirements when unoccupied.
○ If your outbuildings do not comply with the minimum security requirements and there are no clear signs of forced entry or exit.
Hollard Private Por olio 31