Page 92 - Policy Wording - Hollard Prestige Portfolio 1.4

Section 5 – Personal liability
What is covered
When you claim for personal liability, the amount we pay will always be limited to a specific amount in any 12-month period. These amounts are chosen by you when you take out the policy and are stated in the schedule.
In some cases, we may pay out less than the maximum stated in the schedule if we decide that it represents a fair settlement. We may pay you the full limit or any lesser amount for which the claim may be settled to finalise a claim.
All payments are made in South Africa, in local currency.
○ If you have Contents cover under this policy we provide personal legal liability which means damages, costs and expenses for which you are legally liable during the period of insurance in respect of accidents resulting in bodily injury, death or illness to any third party or loss or damage to property which belongs to any third party.
We will indemnify you up to the sum insured stated in the schedule, including defence costs and expenses incurred with our written consent.
In the event of your death we will indemnify your personal legal representative under the terms of this paragraph in respect of liability incurred by you or a member of your family.
○ When you have home cover under this policy we provide property owner’s liability, which means we cover your legal liability to pay for death or bodily injury to other people or loss or damage to their property resulting from an incident which happens in connection with you owning the home and at the insured address.
We will indemnify you up to the sum insured stated in the schedule, including defence costs and expenses incurred with our written consent.
○ Credit cards, forgery and counterfeiting means we will pay up to the limit stated in the schedule for any amount you are legally obliged to pay resulting from:
– theft or loss of a bank card, credit card, debit card or charge card issued in your name provided that you have adhered to the terms and conditions under which the bank, credit, debit or charge card was issued, or
– loss caused by forgery or alteration of any cheque or negotiable instrument, or
– loss caused by accepting any counterfeit paper currency in good faith.
We will defend a claim or action against you due to forgery, counterfeiting or for theft or loss of a bank card, credit, debit or charge card.
○ Bed-and-breakfast
We will cover you for legal liability to guests in respect of accidents during the period of insurance resulting in an injury or death up to the limit stated in the schedule.
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Hollard Prestige Portfolio – Version 1.4 – 2 Feb 2023