Page 99 - Policy Wording - Hollard Prestige Portfolio

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Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 7 – Watercraft
Optional cover
The following cover needs to be specifically requested by you. If we agree to give the cover it will be stated in the
schedule and an additional premium will be payable.
○ Specified accessories means loss of or damage to the accessories as described in the schedule including the
following:
– boating and fishing equipment such as fishing rods and reels, tackle and accessories, GPSes, echo-finders,
boating emergency gear, skis, ski ropes and other specialised equipment
– non-motorised boats, canoes, inflatables, windsurfers, parasails, surfboards, paddle-skis and kayaks
– water-skis and ropes.
Your obligations
○ A watercraft fitted with an inboard engine is required to be equipped with an automatic fire extinguishing system,
which must be regularly maintained, otherwise fire and explosion incidents will be excluded.
○ The inflatable, canoe, sailboard or surfboard must be stored in a locked building when not in use.
○ The watercraft must be controlled at all times by a competent skipper or must be under his supervision.
○ You must provide adequate proof of ownership and insurable interest.
○ The watercraft should be kept secure while at your place of residence.
○ You will take all reasonable steps to maintain your watercraft in a proper state of repair and in a seaworthy
condition. You will forfeit cover if you do not.
○ You will at all times exercise all reasonable precautions for the safety of your watercraft to prevent loss, damage
or accidents.
○ You will comply with all laws applicable to the ownership, possession and use of the watercraft. Your tender boat
must be permanently marked with the name of the parent craft it belongs to.
What is not covered
○ We do not cover you if any of the following either cause or contribute to loss or damage:
– sails and hoardings torn by wind or blown away while hoisted
– depreciation, wear and tear, gradually operating causes
– reduction in value caused by repairs, lack of use or alterations
– pests such as moths, rodents or vermin scratching, biting or chewing by domestic pets, bruising, chafing
or denting
– the watercraft not being seaworthy or maintained