Page 78 - Policy Wording - Commercial Underwriting Mandates & Guidelines Binder Addendum
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Annexure E – Risk Acceptance Limits – Personal Lines
Classes
VAT inclusive
4 Liability – Hollard Private Portfolio or equivalent mid-market product
Personal liability
Motor liability
– Third party property
○ Golf carts
○ Passenger liability (excluding motorcycles,
scooters, three-wheeled vehicles etc.) Pleasure-craft liability
– Liability to third parties ○ Passenger liability
– Waterskier’s liability
– Jet-ski liability to third parties
– Other people using your pleasure-craft
Security-related liabilities
– Wrongful arrest
– Activities of your security company
– Electric fence
Up to R20 000 000
Up to R20 000 000 Up to R20 000 000 R1 000 000
R1 500 000
R1 000 000 R250 000 R250 000 R250 000 R1 000 000
R150 000 R1 000 000 R1 000 000
R2 850 000 R250 000 R1 500 000 R1 500 000 R2 850 000
Pleasure-craft sum insured up to R1 000 000
Pleasure-craft sum insured over R1 000 000
Note – 4 This product has different limits depending on the sum insured selected for liability cover.
Refer to Personal Lines Underwriting Mandates and Guidelines for more detail on referral limits.
Liability – Hollard Prestige Portfolio or equivalent high net worth product
Personal liability
Motor liability
– Third party property
– Passenger liability
– Golf carts, motorcycles, quad-bikes and ATV’s
– Watercraft liability
○ Liability to third parties
○ Liability of water-skiers, jet-ski and para-sailors
○ Passenger liability
R25 000 000
R10 000 000 R10 000 000 R2 500 000 R1 000 000
R1 000 000 R1 500 000 R1 000 000
Commercial Underwriting Mandates & Guidelines – Binder Addendums – Version 2 2020
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