Page 39 - Hollard Private Portfolio - Version 3.3

Household contents
2. Weather and earthquake
Storm, wind, water, hail, etc.
You are covered for loss or damage to the contents of your home or outbuildings that is caused by storms, as well as related activity such as wind, water, snow, flood and hail.
However, this does not apply to property that is out in the open or not under a roof, unless it is something designed to operate in the open, such as garden furniture.
You are also covered for loss or damage to your contents arising from an earthquake.
3. Leaks, flooding
Overflowing of water apparatus; leakage of oil
You are covered for resultant loss or damage to the contents of your home or outbuildings that is caused by leaks and flooding. Examples are bursting pipes, overflowing water tanks, exploding geysers and sudden leakage of oil from heaters.
4. Impact
Impact with the building; falling trees
You are covered for loss or damage to the contents of your home or outbuildings that is caused by sudden impact. Examples are a tree falling onto your home, or a wall collapsing onto a part of your property. However, the cover does not apply if the event is caused by outside agents – for example, tree fellers or building contractors – in the course of work they are doing for you.
5. Theft
There is no cover for theft or attempted theft if the Limited cover option is selected, as shown in your policy
Schedule.
Theft pay-out depends on underlying circumstances, security and occupancy
The exact amount we pay out for theft always depends on the underlying circumstances. Sometimes we pay out up to the full amount insured – for example, when the theft occurs from your private residential building while the premises are occupied and the minimum security is in place.
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 stated in the Schedule.
Unoccupancy at time of loss or damage
If your premises is unoccupied and your private residential building does not comply with the minimum security requirements, you will have no cover for loss or damage caused by theft from the private residential building. Limited cover for theft of household contents from an outbuilding is explained under Limited pay-out.
How much we pay for theft claims
From your main building; outbuilding; away from the premises
You are covered for loss or damage to the contents of your home that is caused by theft or attempted theft from your home.
In some cases there must be clear signs of forced entry or exit.
Pay-out up to the sum insured
We pay out up to the sum insured for theft that occurs from your home, unless it is limited as per below. It also includes theft by violence or threat of violence in your home or on your premises, subject to the conditions below.
This cover also applies:
– to theft when your contents are being moved by professional movers during a permanent change of address
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