Page 57 - Policy Wording - Hollard Business Binder (2020-08-26)
P. 57

 Indicate whether turnover is seasonal
Which months?
Do you receive export incentive allowances?
Anticipated amounts for incentives received?
1.13 Prevention of access
The inability to access the insured premises.
YES/NO
YES/NO
Business Interruption
   Are you dependent on any one customer (agent) or agent of a customer for more than 10% of your annual turnover but restricted to 15%?
 Customer
  Country
  Percentage
  Value of annual sales
 %
R
   %
 R
     %
  R
 Are you dependent on any utility supplier? List below.
   Utility supplier
What alternative arrangements are in place to maintain business if this utility supplier ceases to supply? Percentage value of annual turnover
   R
    R
   R
  What peril do you consider the most prevalent to affect turnover on the business?
 Peril
 What assets will be affected
 Affect (%) on turnover
  R
   R
    R
   General
 Is the turnover seasonal?
 YES/NO R
   Which month's highest?
       Incentives received?
YES/NO R
 Value for incentives?
  R
     When payable?
    Bearing in mind fire, lightning, explosion, storm, wind, water, hail, snow, impact by vehicles/aircraft, malicious damage, earthquake, what do you consider to be the most likely 'worst case' scenario affecting turnover?
 Peril
  Asset(s) affected
        R
     Rate
 Description
  Rate
  Damage occurring within a 25km (twenty five kilometre) radius of the Insured's premises, insured property not necessarily damaged.
  Automatically included
Limited to 75% of GP sum insured, not exceeding R20 000 000
  Extended cover – damage occurring within a 25km (twenty five kilometre) radius from the premises, insured property not necessarily damaged.
  .02%
Limited to 75% of GP sum insured, not exceeding R20 000 000
    56
Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020










































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