Page 37 - Hollard Private Portfolio - Version 3.4

Buildings
Holiday letting
We will cover you for the following:
○ Loss or damage: If you are letting your building, we will cover loss or damage to your building up to the sum insured, whether you are staying on the property or not. The following conditions apply:
– There must be visible signs of forcible or violent entry to or exit from the building for malicious damage and theft claims.
– Security deposits or payments made to you by paying guests for loss or damage to your building caused by the paying guests, will be deducted from any claim amount.
○ Trauma counselling: We will pay the cost of a registered professional counsellor for the treatment of trauma suffered by a paying guest due to theft, burglary, hijacking or fire that occurred on your property up to the limit shown in your policy schedule.
– We will not pay you for expenses recoverable from any other insurance.
– This benefit does not provide the benefits of a medical scheme and is not a substitute for medical
scheme membership.
Home improvements
We will cover you for the following:
○ Loss or damage to permanent fixtures that are temporarily removed during renovations or alterations of the building, or whilst being repaired or restored. The following conditions apply:
– These items may not be removed for longer than 60 days.
– There must be visible signs of forcible or violent entry in the case of theft.
– The fixtures must be stored indoors and locked up.
○ Theft of newly bought building materials, supplies and fittings on the following conditions:
– They are owned by you and are safely stored on the premises.
– They are intended for use in the renovation or alteration of the home.
– There must be visible signs of forcible or violent entry.
Imminent danger security costs
We will pay the reasonable and necessary security costs, preventative measure costs or protection of property costs incurred to prevent imminent loss or damage to your property that would be covered under this policy.
Keys, locks and remote controls
We will pay for the cost of replacing lost, stolen or damaged keys, locks and remote controls, as well as the call-out costs of a technician and the reprogramming of any coded alarm system. This will also apply if you have reasonable suspicion that an unauthorised person has access to duplicates.
Check your policy schedule now to see if this limited cover is likely to be sufficient to cover the full replacement cost in the event of loss or damage. If you feel that it is not enough, you may ask us for additional cover so that we can increase the limit.
Medical benefit
We will pay the medical benefit if a defect in your buildings causes bodily injury to a guest, visitor or your own employees, and the injury requires medical treatment. However, if they can claim under their own policy or medical aid we will not make any payment.
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