Page 48 - Bay Union - Platinum Policy Wording
P. 48

Sec on 1 – Home
Addi onal cover
When we accept a claim under your policy for an insured incident that happens in the period of insurance, you are also en tled to the addi onal cover. Addi onal cover is limited to the amount stated in your schedule. The excess stated in your schedule does not apply to addi onal cover unless speci cally stated below and any voluntary excesses will be applicable.
○ Accidental damage means unforeseen accidental damage to the home, up to the sum insured. We do not cover loss or damage due to cracking or scratching of sanitary ware or glass except for  sh tanks. The excess stated in the schedule applies to this cover.
○ Altera ons and addi ons to your home
We will pay you up to the limit stated in the schedule for:
– loss or damage during the  me of the new work at your home
– loss or damage of capital addi ons or completed extensions to the home provided that you advise us 60 days prior to the commencement of the changes and provided you pay any addi onal premium that we may require.
We will not cover you:
• if damage is caused by cracking, collapse, subsidence or damage to your home is caused fully or par ally by the new work
• for accidental damage while altera ons or addi ons are being carried out
• for the  unless there is evidence of violent and forced entry to or exit from the building
• for damage caused by water, storm or  ood to any part that is not fully built
• for malicious damage or vandalism to un nished parts of the new work.
○ Alterna ve accommoda on/rent
We will pay you for the rental amount due to you in respect of an insured home that you lease out, or the reasonable rent you incur up to the limit stated in the schedule for similar alterna ve accommoda on and storage if your home cannot be lived in due to an incident covered under this sec on subject to the following terms:
– –
– –
the maximum period for this cover is the period stated in the schedule
we will decide on the alterna ve accommoda on by considering the rental amount that would be reasonable to charge for a home of the same or similar value and loca on as the insured address stated in your schedule
we will pay the reasonable costs for temporary accommoda on in a guesthouse or hotel for not more than 14 days while you arrange your alterna ve accommoda on
the cover includes reasonable accommoda on for your domes c pets, domes c workers and gardeners that were resident on the property at the  me of the loss.
Bay Union – Pla num Policy Wording – 24 October 2016

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