Page 36 - Execuline - Classic Policy Wording

Buildings
Rent
If your home becomes uninhabitable because of damage to the building as result of an insured event, we will cover you for the rental cost of living in alternative similar accommodation. This cover will apply until the building becomes habitable once more.
Similarly, if any building on your property that earns you rental income – for example, a cottage – becomes uninhabitable, you will be covered for the loss of that rental income. This cover will apply until the building in question becomes habitable once more.
The cover in this section does not apply when the building or any of the outbuildings are being structurally altered.
Security guards
If you need to employ security guards on your property to keep it safe as a result of an insured event, we will pay that cost – as long as it is both necessary and reasonable.
Tracing of water leaks
We will pay for the cost of tracing the source of a water leak, provided that it originated after your cover started. However, we will not pay for the actual repair of the leak once it has been located; this will be your responsibility.
Water leakage from underground pipes
We will pay for any additional charges on your municipal water bill that result from leakage of underground pipes on your property. This is subject to the following conditions:
○ the additional charge for the latest quarter must exceed the average of the last four quarters by at least 50%
○ the additional charges are not caused by:
– leaking taps, geysers, toilet systems or swimming pools
– loss of water from swimming pools or their pipes
○ your home is not unoccupied for more than 60 days
○ you immediately trace the leak and repair it at your own expense
○ we will not pay for more than one event every 12 months.
Water-pumping machinery
We will pay for accidental destruction or damage to domestic, fixed water-filtration machinery or water-pumping machinery. This excludes automatic pool cleaners, as well as any damage resulting from wear and tear.
34 HPL – Execuline – Classic Personal Insurance Policy – 6 July 2015