IMPORTANT REMINDER: Lightning and Power Surge Cover Under Your Electronic Equipment Section

  1. Home
  2. News
  3. IMPORTANT REMINDER: Lightning and Power Surge Cover Under Your Electronic Equipment Section

IMPORTANT REMINDER: Lightning and Power Surge Cover Under Your Electronic Equipment Sections

De Wet De Villiers
Lightning and Power Surge Cover Under Your Electronic Equipment Sections

This reminder is applicable to Hollard Commercial clients with cover under the Electronic Equipment section of their policy for losses caused by lightning and power surges. It outlines the key conditions that must be met to ensure your insured equipment is fully protected.

Key Conditions of Cover:

1. Protection of Insured Property:

Cover applies to property described in your policy schedule, provided that:

  • The property is protected by SANS (South African National Standard) approved surge arrestors installed on:
    • All data lines
    • Power supplies
    • Electronic distribution boards
    • Individual equipment on the insured premises
  • Installation must comply with all SANS requirements.

2. Additional Excess for Non-Compliance:

If the conditions above are not met, you will be responsible for an additional 10% of the claim amount, subject to a minimum of R500.

What You Should Do:

To ensure that your equipment is fully covered:

  • Confirm that your surge protection devices are SANS-approved.
  • Ensure these devices are installed and maintained in line with SANS requirements.
  • If you are uncertain, we recommend consulting a certified electrician for a compliance assessment.

Your safety and peace of mind are our priorities. Should you have any questions or require assistance, please do not hesitate to contact us.