Page 53 - Hollard - Private Portfolio Policy Wording
P. 53

Household contents
1. Fire
Fire, lightning or explosion
You are covered for loss or damage to the contents of your home or outbuildings that is caused by  re, lightning or explosion.
2. Weather and earthquake
Storm, wind, water, hail, etc.
You are covered for loss or damage to the contents of your home or outbuildings that is caused by storms, as well as related ac vity such as wind, water, snow,  ood and hail.
However, this does not apply to property that is out in the open or not under a roof, unless it is something designed to operate in the open, such as garden furniture.
You are also covered for loss or damage to your contents arising from an earthquake.
3. Leaks,  ooding
Over owing of water apparatus; leakage of oil
You are covered for loss or damage to the contents of your home or outbuildings that is caused by leaks and  ooding. Examples are burs ng pipes, over owing water tanks, exploding geysers and sudden leakage of oil from heaters.
4. Impact
Impact with the building; falling trees
You are covered for loss or damage to the contents of your home or outbuildings that is caused by sudden impact. Examples are a tree falling onto your home, or a wall collapsing onto a part of your property. However, the cover does not apply if the event is caused by outside agents – for example, tree fellers or building contractors – in the course of work they are doing for you.
5. The 
The  pay-out depends on underlying 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 amount insured – for example, when the the  occurs at your 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.
Unoccupancy at  me of loss or damage
If your home or outbuildings are unoccupied and you do not comply with the minimum security requirements, you will have no cover for loss or damage caused by the  other than the amount stated in the Schedule under Limited pay-out following forced entry or exit.
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