Page 48 - Hollard Business Branch Policy Wording

O ce Contents
Tenants
The Company's liability to the Insured shall not be a ected by any act or omission on the part of any owner of a building or any tenant (other than the Insured) without the Insured's knowledge. The Insured shall, however, inform the Company as soon as any such act or omission which is a contraven on of any of the Terms, Excep ons and Condi ons of this Sec on comes to their knowledge and will be responsible for any addi onal premium payable from the date any increased hazard shall be assumed by the Company.
OPTIONAL CLAUSES AND EXTENSIONS (if stated in the Schedule to apply) Leakage — rst loss
Damage caused by discharge or leakage from any sprinkler, drencher system or re-ex nguishing installa on/appliance.
Where a limit is shown against this addi onal peril in the Schedule, the amount of such limit shall be the maximum liability of the Company in respect of any one event and, for the purposes of this Extension only, the following shall be subs tuted for the average condi on hereinbefore expressed:
"If the property insured is, at the commencement of any damage to such property by discharge or leakage, collec vely of greater value than the sum insured thereon against re damage, then the Company shall be liable under this Extension only for that propor on of the rst loss limit as the sum insured against re bears to the total value of such property and the Insured shall be considered as being their own insurer for the di erence and shall bear a rateable share of the loss accordingly. Every item, if more than one, to which this Extension applies shall be separately subject to this Clause."
In respect of this Extension only, De ned Event 6.3.2.1 to this Sec on is deleted.
The
De ned Event 8 under Sub-sec on A is deleted and replaced by:
The or any a empt thereat other than by any principal, partner, director or employee of the Insured:
PROVIDED THAT:
1. the Company shall not be liable to pay more than 25% (twenty ve percent) of the sum insured;
2. the Insured shall be liable for the rst 10% (ten percent) of the claim minimum R500 ( ve hundred Rand) or the amount stated in the Schedule;
3. the provision for Average shall not apply to this Op onal Extension.
Riot and strike
Subject otherwise to the Terms, Condi ons, Exclusions, Excep ons and Warran es contained therein, this Sec on is extended to cover damage directly occasioned by or through or in consequence of:
1. civil commo on, labour disturbances, riot, strike or lockout;
2. the act of any lawfully established authority in controlling, preven ng, suppressing or in any other way dealing with any occurrence referred to in (i) above;
PROVIDED THAT:
this Extension does not cover:
1. loss or damage occurring in the Republic of South Africa and Namibia;
2. consequen al or indirect loss or damage of any kind or descrip on whatsoever, other than loss of rent if speci cally insured;
3. loss or 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;
4. loss or damage occasioned by permanent or temporary dispossession resul ng from con sca on, commandeering or requisi on by any lawfully cons tuted authority;
5. loss or damage related to or caused by any occurrence referred to in General Excep on 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.
Hollard Business Policy – Branch – Version 1 2018 Page | 47