Page 96 - Policy Wording - Hollard Business Binder (2020-08-26)

Umbrella
Premium (inclusive of VAT)
Declined underlying covers
1. Aviation liability
2. Carriers liability
3. Cyber liability
4. Directors’ and Officers’ liability
5. Employment practices
6. Hunters liability
7. Marine liability
8. Motor traders internal/external
9. Medical malpractice
10. Professional indemnity
11. Trustee liability
12. Warehouseman’s liability
Declined risks
1. Aircraft related business/buildings
2. Alarm systems
3. Ammunition /arms
4. Amusement parks
5. Asbestos goods manufacturers
6. Blood transfusion centre
7. Cableways
8. Co-ops (does not apply to Agri)
9. Demolition/excavation contractors
10. Event organisers
11. Explosives/fireworks/detonator manufacturers
12. Fare paying passengers (i.e. ambulances, taxi’s, etc.)
13. Game farms
14. Hazardous chemicals
15. Internet service providers
16. Software design /PI/Professional services provided by IT Companies
(Information technology companies)
17. Lift/crane manufacturers/installers/repairs
18. Labour brokers
19. Manufacturers and/or sales of:
19.1 agricultural chemicals (i.e. fertilisers, herbicides, pesticides, fungicides, etc.);
19.2 animal feed;
19.3 corks/closures; or
19.4 seed
20. Mining risks
21. Motor race tracks
22. Municipalities
23. Outdoor/indoor adventure activities
24. Paints, corrosion protection and all related products
25. Petro-chemical
26. Pharmaceutical risks
27. Publishers and all other forms of media activity
28. Scholar PI/schools/colleges, etc.
29. Security companies (does not apply to motor and property liability)
30. Shooting ranges
31. Tobacco processors/sheds/snuff extract manufacturers
32. Tour operators
33. Treatment risks (spa’s, beauty, salons, etc.)
34. Tyre manufacturers/re-treaders
Annual (per policy) Monthly (per policy)
R1 200 R100
Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020
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