Page 18 - Policy Wording - Hollard Prestige Portfolio 1.4

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You can change or cancel your cover or policy at any time and the cancellation takes effect on the date you request us to cancel it.
We may change or cancel your cover or policy by giving you 31 days’ written notice thereof at your last known postal address. We will refund any money we owe on a pro rata basis.
If we cancel your policy due to fraud, we will not refund any money to you.
General terms and conditions
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Terms of the policy means you have to ensure that you, your spouse, partner, children, parents, grandparents and relatives who permanently live with you and are financially dependent on you comply with the terms and conditions of this policy. You must read your schedule and any changes to it and the policy together. Any specific meaning that has been given to a specific word or expression in any part of the policy is the meaning we intend it to have.
No waiver of any terms, conditions, exclusions or endorsements to this policy will be valid unless we have agreed to it. The policy falls under the jurisdiction of the courts of law of the Republic of South Africa. It does not include any awards including costs and expenses of legal processes that a court of law may allow anyone who claims against you if these do not come from a court of law in the Republic of South Africa.
What does 'no claim bonus' (NCB) mean? A discount on your premium as a reward for your good driving and/or insurance history. On each renewal, your discount will increase, provided you have not made any claims that affect your NCB. Your NCB will keep increasing until you reach the maximum discount level. If you are eligible, your NCB is stated in your schedule. When you are paid out for a claim, you may find that your NCB is reduced and your premium increased.
We have the right to alter the terms of cover for maximum NCB, including excess, premiums and acceptance of cover according to our underwriting rules.
What happens with policy changes and cancellations?
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Hollard Prestige Portfolio – Version 1.4 – 2 Feb 2023