Page 48 - Policy Wording - Hollard Business Binder (2020-08-26)
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Buildings Combined
Rate
Description
Rate
Excess
The inability to access the insured premises 0.01%
4.10 Additional rent
Nil
Basic excess
R1 500 R135
4.10.1 4.10.2
Additional rent
4.11 Additional claims preparation costs
Charge 50% of the underlying base rate.
Minimum section premium
Annual Monthly
Rent is automatically included at 30% of the Building sum insured. The option to increase cover is available at an additional premium.
Rate
Description
Rate
Excess
As per Building Combined
Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020
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