Page 20 - Execuline - Classic Policy Wording

What we do not cover
GENERAL EXCEPTIONS
You cannot claim for:
Theft by false pretences
WHAT WE DO NOT COVER
This is any theft that occurs as result of you being tricked into parting with your property as part of a transaction that you believed was legitimate. The transaction can be an ordinary cash transaction, an exchange or even a credit sale agreement.
Wear and tear
This means gradual deterioration as a result of normal usage or the passage of time. It includes the gradual influence of light and weather conditions. Typical examples are worn tyres on your car from driving, and peeling paintwork on your home from exposure to the elements.
Liability by agreement
You cannot, in an agreement you might sign with a third party (for example, a builder), accept liability for something that you could not reasonably be held liable for in the first place. For example, you cannot accept liability for the actions of a builder who is renovating your home, for that is clearly his responsibility.
Dispossession or nationalisation
This means loss that you suffer as result of your property being forcibly taken from you by a lawfully constituted authority, such as the national government or a provincial authority.
Consequential loss
This is further loss that you may suffer as a consequence of an initial insured event. For example, if your car is in an accident on your way to the airport, we will cover you for the damaged car, but not for any loss you may suffer as result of you missing your flight.
The only time we cover you for consequential loss is when it is specified as part of your policy.
Malicious damage – unless you specify it
Malicious damage occurs when someone (other than you or any of your beneficiaries) performs an act deliberately designed to cause you damage.
An example is someone deliberately scratching the paintwork of your car, or painting graffiti on your wall.
You are not covered for malicious damage to your insured property unless you specifically ask for it to be included as part of your policy.
You are not covered for malicious damage even if you asked for it if:
○ ○
you lend, let or sub-let your home; or
leave it unoccupied for more than 60 days in any 12-month period.
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HPL – Execuline – Classic Personal Insurance Policy – 6 July 2015