Products & Services

 

COVER AND EXCESS SCHEDULE WITH EFFECT FROM 1 DECEMBER 2011

Sectional Title (Residential / Business) | Homeowners Association | Commercial Buildings | House-Owners

Sectional Title "All risks" (Residential / Business)

Insured Item / Cover Sum Insured Excess
BUILDINGS AS DEFINED IN THE POLICY FULL VALUE R1000
COMMUNAL PROPERTY FULL VALUE R1000
SUBSIDENCE AND LANDSLIP FULL VALUE 3% OF CLAIM MAX R250,000
LOSS OF RENT / ALTERNATIVE ACCOMODATION 30% OF BUILDING SUM INS'D R1000
ACCIDENTAL DAMAGE TO PUBLIC SUPPLY CONNECTIONS FULL VALUE R1000
INFLATION ADJUSTMENT 20% OF SUM INSURED R1000
ADDITIONAL INFLATION COVER - OPTIONAL AS REQUIRED R1000
BURST PIPES FULL VALUE R1500
BURST PIPES WITH RESULTANT WATER DAMAGE FULL VALUE R2000
LIGHTNING FULL VALUE R2500
DAMAGE TO SHADE CLOTH, AWNINGS & CARPORTS FULL VALUE R2500
UNOCCUPANCY - THEFT AND MALICIOUS DAMAGE FULL VALUE 20% OF CLAIM MIN R2500
UNOCCUPANCY - BURST PIPES OR GEYSERS FULL VALUE 20% OF CLAIM MIN R2500
WATER DAMAGE TO LAMINATE AND WOODEN FLOORING FULL VALUE 10% OF CLAIM MIN R2500
CLAIMS PREPARATION COSTS R50,000 R1000
GEYSER COVER Sum Insured Excess
FULL GEYSER REPLACEMENT NO LIMIT R2000
BURST GEYSER AND WATER DAMAGE NO LIMIT R2000
WATER DAMAGE FOLLOWING GEYSER REPAIR NO LIMIT R2000
BURST GEYSER NOT SUBMITTED VIA CALL CENTRE:
100L R5000 R2000
150L R5500 R2000
ANY OTHER GEYSER R8000 R2000
GEYSER REPAIR R1000 NIL
OTHER STANDARD POLICY SECTIONS Sum Insured Excess
MONEY (WITH STANDARD SUB-LIMITS) R50,000 R1000
FIDELITY GUARANTEE R50,000 R1500
PUBLIC LIABILITY R30M R1500
TRUSTEES LIABILITY R2M R2500
EMPLOYERS LIABILITY R10M R1500
MACHINERY BREAKDOWN R20,000 R1000
LOSS OF WATER R5,000 NIL
MINIMIZATION OF IMINENT DAMAGE R5000 NIL
MORTGAGE DISCHARGE FEES NO LIMIT NIL
ADDITIONAL PROFESSIONAL FEES 15% OF CLAIM MAX R1M NIL
TEMPORARY PROTECTION COSTS FOLLOWING A LOSS R10,000 NIL
LOSS OF RENT / ACCOMODATION COSTS
FOLLOWING DAMAGE AT A PUBLIC UTILITY
RESULTING IN THE UNIT BECOMING UNINHABITABLE		 30 DAYS NIL
TEMPORARY ACCOMODATION FOR PETS R500 PER UNIT NIL
DAMAGE TO LANDSCAPING BY ANY INSURED CAUSE R10,000 NIL
LOCATING AND REPAIRING THE SOURCE OF A LEAK R5,000 NIL
REMOVAL OF FALLEN TREES R5,000 NIL
LOCKS AND KEYS R10,000 NIL
REMOVAL OF WATER FROM BASEMENT R5,000 R1000
THEFT OF EXTERIOR FIXTURES AND FITTINGS R20,000 20% of claim min R1000
PERSONAL ACCIDENT COVER FOR VOLUNTARY WORKERS AND BODY CORPORATE EMPLOYEES R10,000 NIL
POWER SURGE UNLIMITED 20% OF CLAIM MIN R1000

Homeowners Association "All risks"

Insured Item / Cover Sum Insured Excess
COMMON PROPERTY FULL VALUE R2000
INFLATION ADJUSTMENT PER ADDTL BENEFIT 17 20% OF SUM INSURED R2000
ADDTL INFLATION (ADDTL PREM) PER ADDTL BENEFIT 17 AS REQUIRED R2000
LIGHTNING FULL VALUE R2500
DAMAGE TO SHADE CLOTH, AWNINGS & CARPORTS FULL VALUE R2500
CLAIMS PREPARATION COSTS R50,000 R2000
GEYSER COVER Sum Insured Excess
FULL GEYSER REPLACEMENT NO LIMIT R2000
BURST GEYSER AND WATER DAMAGE NO LIMIT R2000
WATER DAMAGE FOLLOWING GEYSER REPAIR NO LIMIT R2000
BURST GEYSER NOT SUBMITTED VIA CALL CENTRE
100L R5000 R2000
150L R5500 R2000
ANY OTHER GEYSER R8000 R2000
GEYSER REPAIR R1000 NIL
OTHER STANDARD POLICY SECTIONS Sum Insured Excess
DAMAGE TO LANDSCAPED GARDENS R10,000 R2000
MONEY (WITH STANDARD SUB-LIMITS) R25,000 R1000
FIDELITY GUARANTEE R50,000 R1500
PUBLIC LIABILITY R30M R1500
DIRECTORS INDEMNITY R1M R2500
EMPLOYERS LIABILITY R10M NIL
MACHINERY BREAKDOWN R20,000 R1000
POWER SURGE R20,000 20% OF CLAIM MIN R1000

Commercial Building "All risks"

INSURED ITEM / COVER SUM INSURED EXCESS
BUILDINGS AS DEFINED IN THE POLICY FULL VALUE R1000
LOSS NOT ARISING FROM FIRE AND ALLIED PERILS R500,000 R2500
SUBSIDENCE AND LANDSLIP FULL VALUE 3% OF S. I. MAX R1,500,000
BURST GEYSERS UNLIMITED R2000
GLASS NOT MORE SPECIFICALLY INSURED R50,000 R1000
UNOCCUPANCY - THEFT AND MALICIOUS DAMAGE FULL VALUE 20% OF CLAIM MIN R2500
UNOCCUPANCY - BURST PIPES AND GEYSERS FULL VALUE 20% OF CLAIM MIN R2500
DAMAGE TO LAMINATE OR WOODEN FLOORING FULL VALUE 10% OF CLAIM MIN R2500
YEAR 1 INFLATION AS REQUIRED R1000
YEAR 2 ESCALATION AS REQUIRED R1000
CLAIMS PREPARATION COSTS R50,000 R1000
BUSINESS INTERRUPTION (GROSS RENTALS) Sum Insured Excess
GROSS RENTALS AS SELECTED MAX 25% OF THE
BUILDINGS SUM INSURED		 AS PER UNDERLYING COVER
ADDITIONAL INCREASE IN COST OF WORKING AS REQUIRED  
INDEMNITY PERIOD 36 MONTHS  
OPTIONAL COVER Sum Insured Excess
ELCECTRONIC EQUIPMENT AS REQUIRED R1000
MACHINERY BREAKDOWN AS REQUIRED R1000
ALL RISKS – SPECIFIED ITEMS AS REQUIRED R1000
STANDARD EXTENSIONS Sum Insured Excess
THEFT OF EXTERNAL FITTINGS R20,000 20% OF CLAIM MIN R1000
PUBLIC LIABILITY R30M BASIC R1,500
EMPLOYERS LIABILITY R10M NIL
ALL RISKS – TOOLS CLEANING AND GARDEN EQUIPMENT R5,000 R1000
POWER SURGE R20,000 20% OF CLAIM MIN R1000

House-owners "All risks"

INSURED ITEM / COVER SUM INSURED EXCESS
BUILDINGS FULL VALUE R1000
SUBSIDENCE AND LANDSLIP FULL VALUE 3% OF S I MAX R25,000
LOSS OF RENT / ALTERNATIVE ACCOMODATION 20% of building S.I. R1000
ACCIDENTAL DAMAGE TO PUBLIC SUPPLY CONNECTIONS INCLUDED R1000
GEYSER REPLACEMENT UNLIMITED R1000
GEYSER REPLACEMENT - NOT VIA CALL CENTRE
100L R5000 R1000
150L R5500 R1000
ANY OTHER GEYSER R8000 R1000
DAMAGE TO LAMINATE AND WOODEN FLOORING FULL VALUE 10% OF CLAIM MIN R2500
LOSS OF WATER R5000 NIL
MEDICAL TRAUMA COSTS R10,000 NIL
REMOVAL OF TREES R5000 R500
GLASS BREAKAGE NO LIMIT R500
PUBLIC LIABILITY R20,000,000 NIL