Page 46 - Policy Wording - Hollard Prestige Portfolio

44 Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 1 – Home
○ Home does not include
We do not pay for:
– inflatable swimming pools or portable spas
– a hotel, motel or boarding house
– water in:
•
tanks
•
swimming pools
•
spas or any other water container,
unless specifically provided for by this policy.
– loose or compacted soil, earth, gravel, pebbles, rocks or granular rubber (for example, sand on tennis
courts or gravel driveways). We will, however, pay the cost to restore soil or earth to the extent that it is
necessary to repair insured damage to your home
– earthen walls, earthen and gravel driveways and earthen structures
– dam walls
– piers, jet ties, bridges and culverts.
○ Subsidence, landslip or active soils
– Active soils means soil that changes in volume in response to changes in moisture content, i.e. increase in
volume (heave or swell) upon wet ting and decrease in volume (shrink) upon drying out.
– Ground heave means the upward movement of soil supporting the building.
– Landslip means the sliding down of a mass of land. It is, in effect, a small landslide and it typically occurs
on a slope.
– Set tlement means normal set tlement, shrinkage or expansion of the building.
– Subsidence means sinking, i.e. the vertical, downward movement of soil. It includes set tlement, which is
a lateral movement.
Where we cover your home
We cover your home only when it is situated in the Republic of South Africa.
What is covered
○ We will cover your home against loss or damage from an insured cause which happens at the insured address and
in the period of insurance, subject to the terms, conditions, exclusions and limits of this policy.
○ Liability to the public: We will cover you for personal legal liability under Section 5, Personal Liability as far as it
applies to your liability as the owner of the home.