Page 80 - Hollard Private Portfolio - Version 3.4

Personal liability
SECURITY-RELATED LIABILITY
In addition to the standard cover outlined in the preceding pages, you are also covered for the following:
Wrongful arrest
If your activities as a member of a Neighbourhood Watch (or similar voluntary non-profit organisation) result in the wrongful arrest or attempted wrongful arrest of an alleged suspect, we cover you for any sums of money that you may subsequently be liable to pay.
This is on condition that the alleged suspect is not a member of your family or household, or any person employed by you.
Activities of your security company
We cover your liability for any claims that may arise against you as a result of the fact that you use a legally registered security company to protect your insured property.
This includes the liability you may accept in your contract with the security company to indemnify them for events happening in and around your premises.
Electric fence
Your liability relating to the ownership of an electric fence which may lead to bodily injury or death.
EXTENDED PERSONAL LIABILITY
We cover you for the following under this benefit:
○ Legal liability for any event during the period of insurance:
– That is not covered by your underlying insurance policy. This means that it is excluded in the exclusions section in the underlying policy, or there is no mention of cover for it.
Underlying policy refers to an active insurance policy with one of the following:
○ A registered South African, Namibian, Botswanan or Mozambican insurer (underlying insurer) that covers
personal, property owner’s, tenant’s, motor or watercraft liability.
○ Any insurer (underlying insurer) in the world that covers:
– motor liability for any motor vehicle hired, leased or owned by you;
– watercraft liability for any watercraft owned by you; or
– property owner’s liability for any property owned by you outside South Africa.
○ Where the liability exceeds the limit of the underlying policy and the underlying insurer has:
– Paid a valid claim in terms of the policy.
– Admitted liability to a valid claim in terms of the policy.
– Been held liable by a court of law to pay up to the limit of the underlying policy.
○ Legal costs and legal expenses that a claimant can recover from you for a valid claim under this benefit on condition that we have agreed in writing to cover these costs, prior to the costs being incurred.
○ Legal liability for pollution or contamination during the period of insurance on condition that it happens unexpectedly and unintentionally at an identifiable time and place.
The following conditions of cover apply:
○ You must have an underlying policy that covers precisely the type of liability that you are claiming for.
○ You must have complied with the conditions of the underlying policy.
○ The underlying policy must provide cover up to a limit of at least R1 million, and R2.5 million for motor liability.
78 Hollard Private Portfolio – Version 3.4 – 17 Aug 2023