Page 71 - Hollard Namibia – Motor & Household Policy Wording

Personal Liability
Key terms to understand
You Includes yourself, your spouse and any members of your immediate family who normally reside with you, and are financially dependent on you
Liability Refers to when you can be held legally liable for accidental loss or damage to property, or death or bodily injury to third parties
How much we pay
Payouts are always limited
When you claim for personal liability, your payout will always be limited to a specific amount per accident or series of accidents any one event. These amounts are stated in the LIMIT SECTION.
However, note that we may in some instances pay out less than the full limit if we decide that it represents a fair settlement, or if we decide that it is the best way to finalise a claim.
All payouts are made in Namibia, in local currency.
The increasing cost of negligence
In today’s world, people are more and more aware of their “rights”. They will often not hesitate to sue you for loss or damage which they believe is due to your negligence.
Typical examples include your dog biting a passer-by, or a braai in your backyard causes a fire that burns your neighbour’s house down.
Example
Your dog runs out into the street and bites a passer-by. He has to go to hospital, and incurs medical expenses of N$95 000. If the LIMIT SECTION states that you are covered for this kind of event up to a maximum of N$5 million, we will pay out N$95 000.
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