Page 8 - Hollard Private Portfolio - Version 3.4

Premium collection date
Renewal date Sum insured
The date on which you must pay the premium.
○ Monthly premiums: The day shown in your policy schedule on which we will debit your bank account.
○ Annual premiums: The date each year on which you must pay the full annual premium, or on which we will debit your bank account if premium is paid via debit order.
The date on which we will review your policy every year, as shown in your policy schedule.
The amount that you or your insured property is covered for, as shown in your policy schedule.
PO Box 87419 Tel: Houghton, 2041 Web:
Physical address:
Hollard Villa Arcadia 22 Oxford Road Parktown
2193
Compliance department: compliance@hollard.co.za About the underwriting manager
011 351 5000
www.hollard.co.za
Understanding your policy
Additional information
About your broker
Hollard has approved the broker, a financial services provider, to market and sell its products. The broker must provide certain information about themselves as well as about the insurer (see ‘We’, ‘us’ and our’ above). The broker will maintain your policy, communicate with you and be the contact point between yourself and Hollard for claims or policy changes. The broker will receive commission from Hollard. The commission amount is shown in your policy schedule. We may not cancel your policy merely by informing your broker. We must provide a notice to you as required by law.
About Hollard
Hollard is a licensed Non-life insurer and an authorised Financial Services Provider. Hollard is a public unlisted company and has Professional Indemnity insurance and Fidelity Guarantee insurance in place. Hollard receives your premium and is responsible for your claims. You can contact us on the below contact details:
Postal address: Hollard Head Office:
Hollard appointed the following underwriting manager to perform certain functions on its behalf:
ITOO Special Risks
ITOO Special Risks (Pty) Ltd (ITOO) acts as an Underwriting Manager for The Hollard Insurance Company Limited and has a signed binder agreement to this effect.
In terms of this agreement, ITOO may:
○ enter into, vary and renew policies ○ determine the premiums
○ determine policy wording
○ determine policy benefits
○ settle all valid claims.
Hollard pays ITOO a binder fee for performing the abovementioned function as well as a share in the profits of the scheme. ITOO is an authorised Financial Services Provider, FSP number 47230, Registration number 2016/281463/07. ITOO has Professional Indemnity insurance and Fidelity Guarantee insurance in place.
6 Hollard Private Portfolio – Version 3.4 – 17 Aug 2023