Page 106 - Policy Wording - Hollard Prestige Portfolio 1.4

A. OWN DAMAGE
Specific definitions for this section
○ You/your/yours/yourself includes the authorised skipper/the person in charge or control of the craft.
○ Watercraft means the yacht, motorboat or other small craft (less than 9 metres in length), consisting of the hull, superstructure, motors and machinery, gear and equipment and standard fittings and accessories that would normally be sold with the craft, but excluding its trailer. If you ask us you may also insure trailers.
○ Insured cause means an incident that causes:
– accidental death of, or bodily injury to, or illness of a person
– accidental physical loss of or damage to tangible property.
○ Legal costs and expenses means legal costs and expenses which a claimant can recover in connection with a valid
claim under this section and which are incurred with our consent.
Where we cover your watercraft
○ Inland and coastal waters of the Republic of South Africa, to a maximum distance of 40 nautical miles from the shoreline of South Africa, as well as that of neighbouring countries.
○ Cover is extended to include territories and inland waters of Botswana, Lesotho, Mozambique, Namibia, Swaziland, Malawi and Zimbabwe.
○ The territorial limits must not:
– exceed the offshore limitations as defined by the local Government Regulations governing the operation
of the insured watercraft, or
– 40 nautical miles from the shoreline of South Africa, as well as that of neighbouring countries,
whichever the lesser.
Section 7 – Watercraft
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Hollard Prestige Portfolio – Version 1.4 – 2 Feb 2023