Page 24 - Hollard Private Portfolio - Version 3.4

Understanding your policy
Riot, war, terrorism and similar events
We do not cover any liability, loss or damage related to or caused by war, terrorism, riots, protest actions, public disorder, looting or any attempted act of this kind. In South Africa, these types of events are covered by Sasria SOC Limited. Cover on vehicles is also provided in Namibia for a period of not more than 60 consecutive days. Please refer to the Sasria section at the end of your wording for an explanation of your Sasria cover.
Theft by false pretences or scams
We do not cover any loss or damage if you are tricked by any means into parting with your insured property, such as through a scam or theft by false pretences.
Trade and economic sanctions
We cannot provide any cover if that means we would not comply with any international trade or economic sanctions. If we find out that you are subject to such sanctions, we will cancel your policy from the inception date or the date that you become subject to sanctions. We will refund any premiums paid by you and will not pay any claims.
Ending cover under this policy
When cover ends
Cover for insured property or for a full cover section may end in terms of the specific conditions shown in a cover section, or when any of the following applies:
○ You no longer have an insurable interest in the insured property.
○ You ask us to cancel cover.
○ We cancel cover by giving you at least 31 days’ written notice. Our notice may include a condition that you must comply with to prevent cancellation.
If you are covered under more than one cover section, cover under the rest of the policy will continue, unless this policy ends as explained below.
When your policy ends
Your entire policy (the legal contract between Hollard and the policyholder) ends when any of the following events happen:
○ You do not pay the premiums due under this policy as explained under the When and how to pay your premiums section.
○ You no longer have an insurable interest in any of the insured property under this policy.
○ We cancel this policy as shown in the sections Your responsibilities: You must give us all material information
and You must be honest.
○ The 31-day period for cancelling this policy (as shown below) comes to an end.
○ We cancel the policy by giving you at least 31 days’ written notice. Our notice may include a condition that you must comply with to prevent cancellation.
○ You ask us to cancel the policy, which you may do at any time. Third party claims
This section explains the meaning of third party recoveries and liabilities, as well as how we will treat all third party claims. It is not part of your policy wording and is provided for information purposes only.
The difference between third party recovery and third party liability ○ Third party recovery
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You, as the innocent policyholder (first party), are covered by the insurer (second party) against the actions of another party (third party), the negligent or responsible party.
We will cover you for loss of or damage to your insured property under this policy.
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Hollard Private Portfolio – Version 3.4 – 17 Aug 2023