Page 17 - Hollard Business Branch Policy Wording

General Excep ons, Condi ons and Provisions
8. Security rms
If an employee of a security rm employed by the Insured under a contract causes loss or damage, the Company agrees, if in terms of the said contract the Insured may not claim against the said security rm, not to exercise their rights of recourse against the said security rm. The Company shall not raise as a defence to any valid claim submi ed under any Sec on or Sub-Sec on of this Policy that the Company's rights have been prejudiced by the terms of any contract entered into between the Insured and any security provider rela ng to the protec on of the insured property.
9. Security guard
This Provision shall apply individually to the following Sec ons of this Policy:
A. Fire;
B. Buildings Combined;
C. O ce Contents;
D. The ;
E. Glass;
F. Goods in Transit;
G. Business All Risks;
H. Electronic Equipment.
The Company will compensate the Insured for the employment of guards necessary to protect the insured property following the occurrence of a de ned event, but not exceeding R10 000 (ten thousand Rand) for each event.
10. Malicious damage
This Provision shall apply to the following Sec ons of this Policy:
A. Fire;
B. Buildings Combined;
C. O ce Contents.
The Company shall pay for loss or damage directly occasioned by or through or in consequence of the deliberate or willful or wanton act of any person commi ed with the inten on of causing such loss or damage to the property insured and stated in the Schedule;
PROVIDED THAT:
this Extension does not cover:
10.1 damage related to or caused by re or explosion;
10.2 loss of or damage to property for which indemnity is available in terms of the The Sec on of the Policy;
10.3 consequen al loss or damage or indirect loss or damage of any kind or descrip on whatsoever, other than loss of rent if speci cally insured;
10.4 damage resul ng from total or par al cessa on of work or the retarding or interrup on or cessa on of any process or opera on;
10.5 damage occasioned by permanent or temporary dispossession resul ng from con sca on, commandeering or requisi on by any lawfully cons tuted authority;
10.6 damage related to or caused by any occurrence referred to in General Excep on 1.1.1, 1.1.2, 1.1.3, 1.1.4, 1.1.5 or 1.1.6 of this Policy or the act of any lawfully established authority in controlling, preven ng, suppressing or in any other way dealing with any such occurrence.
If the Company alleges that, by reason of Provision 10.1, 10.2, 10.3, 10.4, 10.5 or 10.6, loss or damage is not covered by this Sec on, the burden of proving the contrary shall rest on the Insured.
If any building insured or containing the insured property becomes unoccupied for 30 (thirty) consecu ve days, the insurance in respect of this Provision is suspended as regards the property a ected unless the Insured, before the occurrence of any damage, obtains the wri en agreement of the Company to con nue this Provision.
Page | 16 Hollard Business Policy – Branch – Version 1 2018