Page 60 - Policy Wording - Hollard Prestige Portfolio

58 Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 2 – Contents
– Sports equipment including use by you while participating in sports events. Sports equipment includes
items such as bicycles, golf clubs and fishing equipment but excluding parachutes, para-gliders and hang-
gliders: these have to be specified under Section 3, Assets specified.
– Student and scholar possessions means contents kept at a boarding school, college, university or other
student accommodation up to the limit stated in the schedule.
– Swimming pool and borehole machinery: We will cover you up to the limit stated in the schedule for loss
or damage to pumps and machinery of saunas, spas, swimming pools and domestic boreholes as a result
of accidental, electrical or mechanical breakdown.
Where we cover your contents
○ This policy covers your contents in the home at the insured address as stated in your schedule.
○ This policy covers your contents anywhere in the Republic of South Africa when temporarily removed from the
insured address.
○ This policy covers your personal belongings anywhere in the world under your Assets out and Personal baggage
cover.
What is covered
○ We will cover you against loss or damage from an insured cause which happens in any of the three locations
stated under `Where are your contents covered’ during the period of insurance, subject to the terms, conditions,
exclusions and limits stated in this policy.
○ Assets out means we will cover your personal belongings while you are out and about anywhere in the world. We
will cover you up to the limit stated in the schedule for:
– jewellery and watches
– personal effects
– photographic equipment, cell phones, laptops, and
– any property normally worn or designed to be held or carried on a person when removed from the home.
○ Contents in storage
We will cover you against loss or damage to your contents that are stored in a commercial storage facility in the
Republic of South Africa but the following conditions apply:
– you must inform us in writing before you place your contents in storage
– the loss or damage must be caused by either fire, explosion, smoke, storm, flooding, theft or attempted
theft, collision, impact, vandalism (deliberate destruction) or a malicious intentional act
– your contents are not insured against any of the above events by another insurer.
The excess stated in the schedule applies to this cover.