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Accommod8

Accommod8. About Accommod8. Property Underwriting Agency – in business since 2006 Specialising in: Sectional Title Policy Commercial Buildings Combined Homeowners Policy Value of the book +/- R38 000 000 premium income. Underwritten by Natsure

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Accommod8

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  1. Accommod8

  2. About Accommod8 • Property Underwriting Agency – in business since 2006 • Specialising in: • Sectional Title Policy • Commercial Buildings Combined • Homeowners Policy • Value of the book +/- R38 000 000 premium income. Underwritten by Natsure • A specialist property insurer for over 30 years • Largest niche property insurer in South Africa and is known for its administrative proficiency and lifestyle-specific products

  3. Sectional Title Policy Automatic Extensions • Loss Of Rent - 30% of the Property Value (until tenanted) • Includes geyser replacement & maintenance plan including SABS approved solar geysers. • Subsidence & Landslip (ltd) - Property Value • Accommod8 Extensions - R 50,000.00 (Refer optional Extensions 1) • Loss of Water - R 5,000.00 • Accidental damage to marble and granite tops - R 20,000.00 • Full theft (buildings) - R 10,000.00 • Guards - R 5,000.00 • Damage to garden - R 5,000.00 • Office contents - R 50,000.00 • Documents - R 10,000.00 • Legal liability documents - R 1,000,000.00

  4. Automatic Extension Continued • Electronic equipment - R 20,000.00 • Increased cost of working - R 15,000.00 • Money - R 10,000.00 • Cheques - R 100,000.00 • Personal accident money section - R 10,000.00 • Fidelity- named/position - R 20,000.00 • Trustees indemnity - R 1,000,000.00 • Accidental damage - R 250,000.00 • Public liability - R 20,000,000.00 • Employers liability - R 2,500,000.00 • Claims preparation cost - R 50,000.00 • All risks garden equipment - R 5,000.00 • Machinery breakdown - R 20,000.00

  5. Optional Extensions - 1 Optional ACCOMMOD8 EXTENSIONS • 1) Cost of reletting (per policy) R 10,000.00 • 2) Tenant relocation (per unit) R 10,000.00 • 3) Buildings awaiting sale (per unit) R 10,000.00 • 4) Litigation costs - Per Unit R 5,000.00 - Per Policy R 100,000.00 • 5) Early termination of lease - Per Unit R 10,000.00 - Per Policy R 600,000.00 • 6) Theft by tenants (per unit) - R 10,000.00 • 7) Special circumstance loss of rent (per unit / max. of 6 months) - R5000 p/m • 8) Protection and preservation (per unit) - R 20,000.00 • 9) Emergency evacuation - Per Unit R 5,000.00 Per Policy R 100,000.00 • 10) Land and water clean up (per policy) R 50,000.00 • 11) Decontamination (per policy) R 100,000.00 • 12) Garden extension (per unit) R 10,000.00 • 13) Alterations and additions (per policy) R 50,000.00

  6. Optional ACCOMMOD8 EXTENSIONS Continued Sum insured per annum in the aggregate option of Sum insured Accommod8 options Pricing - Less than 50 units R 100,000.00 R1 500 PA R 250,000.00 R2 000 PA R 500,000.00 R2 600 PA Sum insured Accommod8 options Pricing - More Than 50 units R 100,000.00 R2 250 PA R 250,000.00 R3 000 PA R 500,000.00 R3 900 PA

  7. Optional Extensions - 2 • Additional Trustees indemnity cover: Limits • R 2,500,000.00 • R 5,000,000.00 • Business all risks- Electric gate motor/accessories and battery override   • Additional claims preparations costs

  8. Optional Extensions - 3 Optional ADVOC8- Legal Protection and Assistance for Sectional Title Developments- Advoc8 is a proactive legal costs insurance policy offering the Body Corporate the following: • R100 000 legal expenses for: • 1.Employment issues: For and against the insured     • 2. Litigation: Civil action taken by the insured     • 3. Dispute resolution: Arbitration and mediation • Other benefits include: • Legal advise for the body corporate trustees Cover for legal disputes with unit owners • Free 30 minute consultation with an attorney • Country wide panel of attorneys • 24 hour telephone access to legal professionals

  9. Commercial Business Combined Policy Automatic Extensions • Loss Of Rent - 25% of the Property Value (Until tenanted) • Maintenance and cleaning equipment - R 10,000.00 • Accommod8 Extensions - R 50,000.00 • Landlords Office Contents - R 50,000.00 • Loss of Water - R 5,000.00 • Subsidence and Landslip (ltd) - Property Value • Glass - R15,000.00 • Full Theft - R 10,000.00 • Watchmen Extension - R10,000.00 • Public liability-property owners - R 20,000,000.00 • Accidental damage - R 250,000.00 • Employers Liability - R 1,000,000.00 • Claims preparation costs - R 50,000.00 • Swimming pool/borehole pumps - R 5,000.00

  10. Optional Extensions - 1 Optional ACCOMMOD8 EXTENSIONS • Cost of reletting • Tenant relocation expense • Litigation costs • Early termination of lease agreement • Theft by tenants • Protection and preservation • Emergency evacuation expense • Land and water clean up costs • Decontamination Garden extension

  11. Optional ACCOMMOD8 EXTENSIONS Continued Sum insured per annum in the aggregate option of • (1)R100 000 • (2)R250 000 • (3)R500 000 • (4)R1000 000

  12. Optional Extensions - 2 • Glass • Machinery breakdown • Full theft cover (max R25 000) • Accidental Damage • All risks gate motors • All risks CCTV • Additional claims preparations costs • Geyser Maintenance Option • ADVOC8

  13. Homeowners Policy Automatic Extensions • Geyser • Geyser Repairs - R 1000 - No Deductible • Rent - 20% of the Sum Insured • Accommod8 Extensions - R 25,000 • Accidental damage to marble/granite - R 20,000 • Accidental damage to machinery - R 5,000 • Loss of Water - New!! - R 5,000 • Glass - Building Sum Insured • Guards - R 5,000

  14. Automatic Extension Continued • Subsidence & Landslip - Building Sum Insured • Damage to garden - R 5,000 • Public liability - R 500,000 • PLIP - R 10,000,000 Automatic Domestic Worker PA Cover • Domestic Worker Permanent total disability - R 15,000.00 • Domestic Worker Emergency ambulance charges - R 500.00 • Domestic Worker In hospital medical expenses - R100 per day max 130 days- R 100 excess   Optional Extensions 1 • Geyser Maintenance Limited to R7000 per Geyser • Accidental Damage to Machinery

  15. Optional Extensions - 2 Optional ACCOMMOD8 EXTENSIONS • 1) Cost of reletting • 2) Tenant relocation • 3) Loss of interest • 4) Buildings awaiting sale • 5) Litigation costs • 6) Early termination of lease • 7) Theft by tenants • 8) Special circumstance loss of rent (per unit / max. of 6 months) • 9) Protection and preservation • 10) Emergency evacuation • 11) Land and water clean up • 12) Decontamination • 13) Garden extension (per unit) Extended to R10 000 • 14) Alterations and additions • Domestic Worker PA Death Cover - R 15,000.00

  16. NAT-Assist: Emergency Assistance Programme • Nat-Assist provides access to 24 hour emergency assistance services. This is applicable in the event of accidental breakage (not loss) of permanent fixtures or fittings of the insured building. • Nat-Assist will arrange for a service provider to attend to your emergency and pay up to the amount specified in the Table of Benefits to our approved service providers. Service: • Locksmith - Call-out + 1 hour labor (R50.00 first amount payable per call-out) • Electrician - Call-out + 1 hour labor • Plumber - Call-out + 1 hour labor • Tree-Feller - Call-out + 1 hour labor • Glazier - Call-out + 1 hour labor The NAT-Assist Call Centre Number 0860-266-822

  17. Contact Details • Claims - 0860 266 822 – claimpayment@natsure.co.za • Processing & Endorsements - accommod8@guardrisk.co.za • Lerato Moloi - (011) 669 3809 - moloil@guardrisk.co.za • Zainib Essop - (011) 669 3318 - essopz@guardrisk.co.za • Renewals & Accounting • Candice Trican - (011) 669 3387 - tricanc@guardrisk.co.za • Quotes & New Business • Enoch Barends - (011) 669 3283 - barendse@guardrisk.co.za

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