Page 98 - Policy Wording - Hollard Business Binder (2020-08-26)

Umbrella
Declined underlying covers
1. Aviation liability
2. Carriers liability
3. Cyber liability
4. Directors’ and Officers’ liability
5. Employment practices
6. Errors and omissions
7. Events liability
8. Hunters liability
9. Marine liability
10. Motor traders internal / external
11. Medical malpractice
12. Professional indemnity
13. Trustee liability
14. Warehouseman’s liability
Reporting
Commission payable
Monthly on standard bordereaux Brokerage – 20%
Note: Maximum acceptance limit – R20 000 000 in the annual aggregate (accumulation of Combined Liability and Umbrella Liability limits).
Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020 97