Page 42 - Policy Wording - Hollard Prestige Portfolio

40 Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
How we settle your claim
– If you have not claimed during the 12 months prior to renewal of your policy, your premiums may be
discounted according to our scale of premiums. If we set tle one or more claims, we will increase the
premium according to our scale of premiums.
– Claims against certain types of covers, as agreed by us, will not affect your no-claim bonus discount.
What we will do after a claim is paid
○ Salvaged home contents
We can take and keep any recovered or salvaged item/s and sell it and keep the proceeds after we have replaced
the item or paid you for it.
○ Our right to recover claims we pay from those responsible
After we pay a claim under this policy, we can decide to take legal action in your name to recover money from the
person or entity that caused the loss, damage or liability. You must give us all the help we need to do this. If we
recover money that belongs to you and it was not part of the claim we paid, we will give this to you.