Page 88 - Hollard - Private Portfolio Policy Wording

Loss or damage to property
We do not cover you for loss or damage to property that:
○ belongs to you, your family or your employee
○ is in your custody and control
○ is in the custody and control of your directors, members, trustees or bene ciaries, or members of their families who usually reside with them, if you are a company, close corpora on or trust
○ is covered under some other insurance policy.
No cover during structural altera ons
We do not cover you for loss or damage to your home or outbuildings when these are being structurally altered, and the loss or damage is caused by these altera ons.
Fraud, assault, reckless disregard
You are not covered for liability that arises out of:
○ dishonest, fraudulent or malicious acts by you
○ physical assault commi ed by you
○ the reckless disregard by you of the possible consequences of your ac ons or omissions.
Failure of insured to comply with obliga ons
You are not covered for liability that arises out of:
○ the purchase, sale, barter or exchange of any property (movable or immovable) or
○ your failure to comply with any obliga ons in terms of the transac on. Debt, maintenance or alimony
You are not covered for liability that arises out of your failure to pay any debt or alimony or a breach of promise.
Spread of re
You are not covered for liability that arises out of re spreading from your farm, plot or smallholding, which you occupy as tenant or owner.
Your speci c responsibili es
No promises or payments without our consent
You must take all reasonable steps to ensure that you do not make any admission, o er, promise or payment in rela on to a claim without our wri en consent.
Tell us right away of claims
If you have reason to believe that a recent event may lead to a liability claim against you much later – perhaps years later – you must inform us immediately.
Personal liability
86 Hollard Private Por olio