Page 59 - Policy Wording - Hollard Prestige Portfolio

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Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 2 – Contents
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portable play stations and portable GPS navigation equipment
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jewellery and watches
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musical instruments
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professional kits that are designed to be used in a certain profession, i.e. make-up artists and
medical students.
Excluding items specifically covered when removed from personal baggage as described under Personal
baggage above.
– Possessions of any parent or grandparent who are financially dependent on you, resident in a nursing
home or residential care home excluding jewellery and watches, money and bank cards up to the limit
stated in the schedule.
– Property of guests and domestic employees not otherwise insured excluding jewellery and watches,
money and bank cards up to the limit stated in the schedule.
– Renewable energy equipment and/or a photo-voltaic system attached or permanently fitted to the home
that you are legally and financially responsible for and you are unable to insure under the Home section, for
example as a tenant or as the owner of a sectional title home under your rental agreement or sectional title
lease agreement. This also includes cover for inverters, batteries and fixed generators directly connected
to the building’s wiring.
The following conditions apply:
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We do not cover loss or damage to solar installations that are fitted on a thatch roof.
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We do not cover loss or damage to solar geyers or hybrid solar system installations where the roof
structure was not capable of bearing the additional weight of the installation.
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Your Contents sum insured must include the value of these items to avoid underinsurance. You
also need to double check that your sum insured is still sufficient at policy anniversary, as it is
possible that the cost of these items will increase by more than the inflationary percentage
applied to your overall Contents sum insured.
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Cover is on condition that the equipment is not covered on any other policy.
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The equipment must be installed by a registered electrician who must provide either one of the
following:
▪ A Certificate of Compliance for the installation
▪ Proof of installation stating their adherence to the required electrical standards and
regulations at the time that the device was installed.
Any items forming part of the installation of renewable energy equipment that are intended to be kept or
used outdoors, are covered for theft even if there are no visible signs of forcible or violent entry to or exit
from the premises.