Page 25 - Hollard Private Portfolio - Version 3.3

Buildings
At other times, we pay less than the full sum insured, or simply a limited amount – for example, when the theft occurs from your outbuildings and the minimum security is not in place and there is no forcible or violent entry. These lesser amounts are spelled out in the Schedule.
How much we pay for theft claims
Theft of any part of the buildings in the open
You are covered for the theft (or attempted theft) up to the sum insured of any fixed part of the buildings in the open – for example, the motor from your front gate, the bricks of your driveway.
Pay-out up to the sum insured (if minimum security is in place)
Theft of any part of the buildings
You are covered for the theft (or attempted theft) of any part of the buildings – for example, the fitted carpets or light fittings in your private residential building – provided you comply with the minimum security requirements.
Damage to your buildings during theft or attempted theft
You are covered for loss or damage to the building caused by theft or attempted theft.
Buildings lent or let (forced entry required)
There must be clear signs of forced entry to or exit from the buildings when the building is lent, let or sub-let other than to a maximum of three paying guests, lodgers or boarders.
Pay-out up to the sum insured (if minimum security is not in place)
Theft from an unoccupied outbuilding
You are covered for the theft (or attempted theft) from inside your outbuildings if you do not have the minimum security requirements in place but there are clear signs of forced entry to or exit from your outbuildings.
Limited pay-out – unoccupied outbuildings
We pay out less than the sum insured for theft from inside unoccupied outbuildings if you do not have the minimum security requirements in place and there are no clear signs of forced entry to or exit from your outbuildings.
No pay-out
We will not pay for any loss or damage if your private residential building does not comply with the minimum security requirements when unoccupied.
7. Subsidence, landslip or ground heave
Limited cover
We will cover any loss or damage to the private residential building and domestic outbuildings (including fixtures and fittings attached to these buildings) caused by subsidence, landslip or ground heave. The following items and causes are not covered under the limited cover:
○ Loss or damage to boundary, retaining and garden walls, gate posts, fences, driveways, paving, swimming pools, tennis courts, septic or conservancy tanks, water paths, drains, paths and terraces, paving and swimming pool surroundings.
○ Loss of damage caused as a result of the contraction and/or expansion of active soils due to the moisture or water content of such active soil as is experienced in clay and other similar types of ground.
Specific exclusions apply to subsidence, landslip or ground heave (for both limited cover and extended cover), under What is not covered.
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