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BUILDINGS. BUILDINGS. SPECIFIC DEFINITIONS FOR THE BUILDING SECTION

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BUILDINGS

SPECIFIC DEFINITIONS FOR THE BUILDING SECTION

  • Under Buildings specific definitions: “Buildings” has been changed and no longer contains the word “freestanding”. This definition now includes “fitted appliances and climate control systems, permanently installed watering systems, garden light and lighting systems”.

  • “Pests” has been introduced as it is applicable to the

    newly introduced “Pest contamination” cover.


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Buildings continued....

COVER

OLD

NEW

Cover during building changes

Excluded

Up to sum insured

Cover during property transfer

25% sum insured

Up to sum insured

No excess payable

Excluded

Included

Subsidence, Landslip or Ground heave

25% sum insured

Up to sum insured


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Buildings continued....

AUTOMATIC EXTENSIONS

OLD

NEW

Alternative accommodation or rent

LIMIT: 25% of building sum insured

EXCESS: R 0

Excluded

Included wider cover

Costs of preparing claims

LIMIT: R 20 000

EXCESS: 0

Excluded

Up to R 20 000

Electrical and mechanical breakdown

LIMIT: R 15 000

EXCESS: R 0

Up to R 10 000

Up to R 15 000


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Buildings continued....

AUTOMATIC EXTENSIONS

OLD

NEW

Pest contamination

LIMIT: 25% of building sum insured

EXCESS: R 0

Excluded

Included

Removal of fallen trees

LIMIT: R 5000 unless accompanied by damage to building

EXCESS: R 0

Excluded

Included


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Buildings continued....

GENERAL:

  • Cover for theft or attempted theft, vandalism or malicious acts has been clarified and restriction of security measures has been removed. (Previously excluded unless security measures were met).

  • Geyser sliding scale excess has been removed (previously penalized policyholder on the age of the geyser).



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HOUSE CONTENTS

SPECIFIC DEFINITIONS FOR THE CONTENTS SECTION

  • Under Contents Specific definitions: “Contents” has been changed and “remote controlled motor and watercraft toys and models” are now seen as contents.

  • Definition of contents has been extended to be covered anywhere “at” the insured address thus anywhere on the insured property i.e. on driveway (previously only contents cover whilst “in” a building.).


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House contents continued…

  • SPECIFIC DEFINITIONS FOR THE CONTENTS SECTION

  • Cover for the insured’s contents away from the property is

  • now covered under an extension.(Previously limited to

  • boarding schools, college, university or other student

  • accommodation including transit there or at

  • nursing home or residential care home).

  • Security restrictions have been removed (previously only

  • covered whilst contained in any other buildings subject to

  • the same security measures as the main risk), note no

  • cover for transit there and back as this is now available

  • under the all risk section. – REFER TO SPECIFIC

  • EXTENSION FOR EXACT DETAIL.


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House contents continued...

SPECIFIC DEFINITIONS FOR THE CONTENTS SECTION

  • “’Pests” has been introduced for it is applicable to the newly introduced “Pest contamination” cover.

  • “Forcible & violent entry” definition has been introduced in the policy wording.

  • Definition for jewellery & watches has been clarified.

  • Definition for money now includes Kruger Rands


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House contents continued...

Cover

NEW

OLD

Contents in storage

20% of sum insured

Up to sum insured

No excess payable

Excluded

Included

Limits that apply to jewellery (without proof of valuation)

Up to R 15 000

Up to R 20 000

Removal of contents

25% of sum insured

Up to sum insured

Specified valuable items

25% of sum insured

Up to sum insured


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House contents continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Alternative accommodation or rent

LIMIT: 25% of building sum insured

EXCESS: R 0

Excluded

Included wider cover

Costs of preparing claims

LIMIT: R 20 000

EXCESS: 0

Excluded

Up to R 20 000

Cover for contents not contained at insured address

LIMIT:10%contents sum insured

EXCESS: R 1 000

R 10 000

10% of sum insured


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House contents continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Hole-in-one

LIMIT: Hole in one golf R 10 000

EXCESS: R 0

R 5 000

R 10 000

Full house

LIMIT: Full house – bowls R 5 000

EXCESS: 0

R 1 000

R 5 000

Money

LIMIT: R 25 000

EXCESS: R 0

Kruger Rands excluded

Kruger Rands included


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House contents continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Personal baggage insurance

LIMIT: R 15 000

EXCESS: R 0

Excluded

Up to R 15 000

Pest contamination

LIMIT: 25% of contents sum insured

EXCESS: 0

Excluded

Included

Replacement of locks & keys

LIMIT: 25% of contents sum insured

EXCESS: R 0

Excluded car keys & remotes

Car keys & remotes included


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House contents continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Swimming pool, borehole & other motors

LIMIT: R 15 000

EXCESS: R 0

Up to R10 000

R 15 000

Veterinary expenses

LIMIT: R 5 000

EXCESS: 0

Up to R 2 500

Up to R 5 000


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House contents continued...

EXCLUSIONS

OLD

NEW

Theft from buildings

No cover if no linked alarm

Covered up to R 5 000 if no linked alarm


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House contents continued...

OTHER:

  • Gifts cover has been removed. Now covered under “Your cover”.

  • New purchases cover has been removed. Now covered under “Your cover”.

  • Exclusion for loss of or damage to money has been extended to include credit or cash cards and other negotiable instruments.


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House contents continued...

  • Other continued…

  • Exclusion introduced for loss of or damage to content

  • more specifically insured elsewhere

  • B & B Extension is available on request under

  • Contents Section for loss or damage to business

  • contents, personal belongings, money, spoilage of

  • food and drink and liability (an excess of R 5 000

  • applicable) cover.



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ALL RISK

SPECIFIC DEFINITIONS FOR THE ALL RISK SECTION

  • Under All risk specific definitions: The definition of unspecified items and Specified items has been defined under this section and no more under the General definitions.

  • All Risk Unspecified items are: clothing, personal belongings normally worn or carried by a person, personal equipment normally worn or used by the person participating in sport and hobbies, content of caravans and camping equipment. Note that the definition for personal belongings (defined in General Definitions) includes normal household goods.


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All risk continued...

All Risk Specified items have been amended. Only

the following items must be specified:

  • Items worth more than the unspecified all risks sum

    insured,

  • Items used for business or professional purposes,

  • Mobile communication equipment, cellphones, laptops,

    portable computers,

  • DVD’s, CD’s, MP 3 players, Ipods, portable

    playstations and portable GPS systems,


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All risk continued...

SPECIFIC DEFINITIONS FOR THE ALL RISK SECTION

  • Firearms & guns,

  • Pedal cycles,

  • Parachutes, Para gliders and hang-gliders

    Definition for jewellery & watches has been clarified.


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All risk continued...

COVER

OLD

NEW

Personal belongings extended to include household goods

Excluded

Included

Limits that apply to jewelry (without valuation certificate)

Up to R 15 000

Up to R 20 000


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All risk continued...

EXCLUSIONS

OLD

NEW

Personal belongings from unoccupied vehicle when not contained in locked compartment or boot.

Excluded

Included where the type of vehicle does not have a boot. Subject to R 1 000 excess.



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Liabilities continued...

COVER

OLD

NEW

Personal Liability

Up to R1 million

Up to R 1 million


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Liabilities continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Extended legal liability

Up to R 20 million (previously only applied to non motor liability)

Up to R 24 million (applies to motor & non motor liability) on top of R 1 million

Motor third party liability

R 1 million ( no option to extend)

R 2.5 mill for damage to property

Up to R 1 million (can be extended)

Up to R 1 mill

Liability Plus (Top –Up)

R 10 million for all other liabilities to Third party (motor)

Up to R 24 million on top of R 1 million


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Liabilities continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Identity theft – Legal Expenses

No cover

Up to R 30 000

Lost income

No cover

Up to R 750

Obligation to pay

No cover

Up to R 2 500


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Liabilities continued...

AUTOMATIC EXTENSIONS

OLD

NEW

Miscellaneous Expenses

No Cover

Up to R 2 500



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MOTOR

SPECIFIC DEFINITIONS FOR THE MOTOR SECTION

Under Specific motor definitions the following definitions have

been introduced:

  • Agreed value,

  • Comprehensive cover option,

  • Comprehensive excluding theft & hijacking cover option,


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Motor continued…

SPECIFIC DEFINITIONS FOR THE MOTOR SECTION

CONTINUED…

  • Laid up cover option,

  • Territorial limits,

  • Third party, fire & theft cover option,

  • Third party only cover option,


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Motor continued…

SPECIFIC CONDITIONS FOR THE MOTOR SECTION

  • These are conditions applicable specific to the Motor section of the policy and are not listed under the Policy’s specific conditions.


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Motor continued…

COVER

OLD

NEW

Your cover

Retail

Retail

No excess payable

Excluded

Included


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Motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Authorising emergency repairs

LIMIT: R 5 000

EXCESS: R 0

Up to R 3 000

Up to R 5 000

Changes to your vehicle because of physical injury.

LIMIT: R 50 000

EXCESS: 0

Excluded

5 % of sum insured up to R 50 000

Child seat

LIMIT: R 2 500

EXCESS: R 0

Excluded

Up to R 2 500


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Motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Difference in excess for a hired vehicle

LIMIT: Maximum R 10 000

EXCESS: R 0

Excluded

Included

Fire extinguishing costs

LIMIT: Reasonable costs

EXCESS: 0

Excluded

Included

4 x 4 cover

LIMIT: Emergency repairs R 7 500 Winching R 5 000

EXCESS: R 0

Excluded

Included


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Motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Head, tail & spotlight

LIMIT: R 5 000

EXCESS: Window glass excess

Covered under basic cover

Cover given as an extension

Cost of air freighting or importing the part

LIMIT; R 5 000

EXCESS: 0

Up to R 2 500

Up to R 5 000

Locks & Keys

LIMIT:R 10 000

EXCESS: R 15 % of claim minimum R 150

Excluded

Included & wider cover


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Motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Radio’s & CD players

LIMIT: R 10 000

EXCESS: R 25% of minimum claim R 250

Excluded

Included

Repatriation Costs

LIMIT: R 20 000

EXCESS: 0

Excluded

Included

Replacing your vehicle

Excluded

Included


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Motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Reward for information

LIMIT: R 50 000

EXCESS: R 0

Excluded

Included

Tracking device installation

LIMIT: R 2 000

EXCESS: 0

Excluded

Up to R 2 000

Vehicle transfer cover

LIMIT: R 750 000

EXCESS: R 0

No cover

Up to R 750 000


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Motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Window glass

LIMIT: R30 000

EXCESS: Cape Town – 15% of claim min R 150

Gauteng & KZN – 25% of claim min R 250

Covered but not noted in the wording

Included and wider cover

Wreckageremoval

LIMIT: Reasonable costs

EXCESS: R 0

Excluded

Included


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Motor continued…

OPTIONAL EXTENSIONS

OLD

NEW

Credit shortfall

LIMT: Insured to choose

EXCESS: R0

Excluded

Available as an optional extension

Increase in windscreen cover

LIMIT: Insured to choose

EXCESS: window glass excess

Excluded

Option to increase cover included

Now an optional extension

Automatically included

Car hire

LIMIT: Insured to choose

EXCESS: R 0


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Motor continued…

EXCLUSIONS

  • New exclusions have been introduced namely damage

  • to tyres.

  • Note number 8 under specific exclusions.



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Motorcycles continued…

COVER

OLD

NEW

Your cover

Not included in wording

Included in wording

New vehicles

Excluded

Included

Excess waiver

Excluded

Included


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Motorcycles continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Authorizing emergency repairs

LIMIT: R 3 500

EXCESS: R 0

Excluded

Included

Delivery after repairs

LIMIT: Reasonable costs

EXCESS: 0

Excluded

Included

Cost of air freighting or importing the part

LIMIT: R 5 000

EXCESS: R 0

Excluded

Included


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Motorcycles continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Locks & Keys

LIMIT: R 5 000

EXCESS: 15% of claim minimum R 150

Excluded

Included

Medical Expenses

Refer to training manual for info

Excluded

Included

Radio & CD players

LIMIT: R 10 000

EXCESS: 25% of claim min R 250

Excluded

Included


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Motorcycles continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Replacing your vehicle

Excluded

Included

Reward for information

LIMIT: R 50 000

EXCESS: R 0

Excluded

Included

Tracking device installation

LIMIT: R 2000

EXCESS: R 0

Excluded

Included


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Motorcycles continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Tow-in cost and vehicle protection

LIMIT: reasonable costs

EXCESS: R 0

Excluded

Included

Wreckage Removal

LIMIT: Reasonable costs

EXCESS: R 0

Excluded

Included


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Motorcycles continued…

OPTIONAL EXTENSIONS

OLD

NEW

Cover for credit shortfall

LIMIT: Insured to choose

EXCESS: R 0

Excluded

Included


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Motorcycles continued…

EXCLUSIONS

  • General exclusions, specific exclusions noted under

  • section 6 Vehicles are applicable

  • Specific exclusions can be found under the

  • motorcycle section



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Caravans & trailers continued…

COVER

OLD

NEW

Your cover

Not included in wording

Included in wording

Excess waiver

Excluded

Included


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Caravans & trailers continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Authorising emergency repairs

LIMIT: R 3 500

EXCESS: R 0

Excluded

Included

Delivery after repairs

LIMIT: Reasonable costs

EXCESS: R 0

Excluded

Included

Included

Cover for locks & keys

LIMIT: R 5 000

EXCESS: 15 % minimum R 150

Excluded


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Caravans & trailers continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Reward for information

LIMIT: R 50 000

EXCESS: R 0

Excluded

Included

Tow in costs & vehicle protection

LIMIT: Reasonable costs

EXCESS: R 0

Excluded

Included

Wreckage removal

LIMIT: Reasonable costs

EXCESS: R 0

Excluded

Included


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Caravans & trailers continued…

OPTIONAL EXTENSIONS

OLD

NEW

Cover for credit shortfall

LIMIT: Insured to choose

EXCESS: R 0

Excluded

Included


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Caravans & trailers continued…

EXCLUSIONS

  • General exclusions and specific exclusions noted under

  • section 6 Vehicles are applicable



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Classic motor continued…

COVER

OLD

NEW

No excess payable

Excluded

Included


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Classic motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Authorising emergency repairs

LIMIT: R 5 000

EXCESS: R 0

Included (R 3 000)

Included (R 5 000)

Delivery after repairs

LIMIT: Reasonable costs

EXCESS: R 0

Excluded

Included

Fire extinguishing charges

LIMIT: Reasonable costs

EXCESS:R 0

Excluded

Included


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Classic motor continued…

AUTOMATIC EXTENSIONS

OLD

NEW

Head, tail & spotlight damage

LIMIT: R 5 000

EXCESS: Window glass excess

Cover under basic cover

Cover given as an extension

Replacing your vehicle

Excluded

Included

Window glass

LIMIT: R 30 000

EXCESS: CPT – 15% of claim min R 150 Gauteng & KZN – 25% of claim min R 250

Excluded

Included


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Classic motor continued…

EXCLUSIONS

  • General exclusions, specific exclusions noted under

  • section 6 Vehicles are applicable