Page 41 - Hollard Namibia – Motor & Household Policy Wording

Buildings
What we cover you for
You are covered against loss or damage to the building caused directly by the following insured events:
Fire
Fire, lightning or explosion
You are covered for damage to the building caused by fire, lightning, thunderbolt or explosion.
Weather
Storm, wind, water, hail, snow or flood
You are covered for damage to the building that is caused by storms, as well as related activity such as wind, water, hail, snow and flooding.
However, this excludes loss or damage:
o to retaining walls;
o caused by movement of the land supporting the building, even if it is caused by storm or flooding (this
exclusion does not apply to the removal of land supporting the building by flowing surface water).
Earthquake
You are covered for damage to the building that is caused by an earthquake. This excludes the effects of any earth tremors that result from mining operations in the area.
Impact
Impact with the building; falling trees, vehicles, aircraft or animals
You are covered for damage to the building that is caused by sudden impact. Examples are a tree falling onto the building or a vehicle colliding with your property.
However, the cover does not apply if the event is caused by an external source – for example, tree fellers or building contractors – in the course of work they are doing for you.
Leaks, flooding
Overflowing of water apparatus; leakage of oil
You are covered for damage to the building that is caused by leaks and overflowing of water apparatus. Examples are bursting pipes, overflowing water tanks, exploding geysers and sudden leakage of oil from heaters. This cover includes loss or damage to the leaking items, except if the leaking item is an oil heater. So if a leaking oil heater damages your wooden floor, we will pay for repairing or replacing the floor, but not the heater.
Malicious damage
Intent to cause damage
Malicious damage occurs when someone (other than you) performs an act deliberately designed to cause you damage. An example is someone deliberately painting graffiti on your wall.
However, this excludes damage caused by any of the tenants and persons residing with them.
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