SECTION A – DAMAGES AND DILAPIDATIONS
Insurance for your insurable interest against physical loss or damage and dilapidations to the Owners’ residence and premises and personal property that has been assumed under contract to insure, however caused by the guest unless excluded, and indemnifiable hereunder only in the event that the Owner’s own home insurance (see conditions and warranties below) shall lawfully decline to accept liability and provide appropriate indemnity for such loss i.e. this policy is NOT required to be a first response policy but insurers hereunder shall retain rights of subrogation against the Insurers subscribing to the Owner’s own Homeowners insurance under the liability section of that policy.
LIMIT OF LIABILITY: $10,000.00 personal property/$100,000 real property
MAX ANY ONE ITEM: $2500.00 personal property
MINIMUM CLAIM: $50.00
EXCLUSIONS:
WEAR AND TEAR; MARRING; DETERIORATION; INHERENT VICE; LATENT DEFECT; FAULTY WORKMANSHIP; MECHANICAL OR ELECTRICAL BREAKDOWN;
REFURBISHMENT OR RENOVATION;
RUST; MOLD; WET OR DRY ROT; CONTAMINATION;
SMOG; SMOKE FROM AGRICULTURAL SMUDGING OR INDUSTRIAL OPERATIONS;
DAMAGE ARISIONG FROM BIRDS, VERMIN, RODENTS, INSECTS OR ANIMALS; GROSS NEGLIGENCE OR CRIMINAL ACTS OF GUESTS(S);
DAMAGED ARISING OUT OF SMOKING;
DAMAGE CAUSED BY PETS/DOMESTICATED ANIMALS;
ORDINANCE OR LAW;
WAR, WARLIKE ACTS, UNDECLARED WAR, CIVIL WAR, INSURRECTION, REBELLION OR REVOLUTION;
NUCLEAR REACTION, RADIATION OR RADIOACTIVE CONTAMINATION; INTENTIONAL ACTS;
INTENTIONAL LOSS;
DESTRUCTION, CONFISCATION OR SEIZURE OF BY ORDER OF ANY GOVERNMENTAL OR PUBLIC AUTHORITY;
DAMAGE TO:
CURRENCY, MONEY, PRECIOUS METAL IN BULLION FORM, NOTES OR SECURITIES.
LAND, WATER OR ANY OTHER SUBSTANCE IN OR ON LAND; EXCEPT THIS EXCLUSION DOES NOT APPLY TO:
LAND IMPROVEMENTS CONSISTING OF LANDSCAPE GARDENING, ROADWAYS AND PAVEMENTS, BUT NOT INCLUDING ANY FILL OR LAND BENEATH SUCH PROPERTY, OR
(WATER THAT IS CONTAINED WITHIN ANY ENCLOSED TANK, PIPING
SYSTEM OR ANY OTHER PROCESSING EQUIPMENT.
ANIMALS, INCLUDING, BUT NOT LIMITED TO, LIVESTOCK AND PETS; O STANDING TIMBER; GROWING CROPS;
WATERCRAFT (INCLUDING, BUT NOT LIMITED TO, BOATS, YACHTS, JET SKIS, AND SIMILAR CRAFT), AIRCRAFT, SPACECRAFT, AND SATELLITES. THIS WATERCRAFT EXCLUSION DOES NOT APPLY WITH RESPECT TO ANY WATERCRAFT WHICH IS A COVERED ACCOMMODATION. HOWEVER, THIS EXCLUSION DOES APPLY TO VESSELS THAT, AT THE TIME OF THE LOSS, ARE IN TRANSIT, OR ARE MOVING GREATER THAN 10 FEET FROM THEIR USUAL FIXED LOCATION AND MOVING FASTER THAN ONE MILE PER HOUR; VEHICLES (INCLUDING, BUT NOT LIMITED TO, AUTOMOBILES, SCOOTERS, VESPAS, AND MOTORCYCLES). THIS EXCLUSION DOES NOT APPLY WITH RESPECT TO ANY VEHICLE THAT IS A COVERED ACCOMMODATION. HOWEVER, THIS EXCLUSION DOES APPLY TO VEHICLES THAT, AT THE TIME OF THE LOSS, ARE IN TRANSIT, OR ARE MOVING GREATER THAN 10 FEET FROM THEIR USUAL FIXED LOCATION AND MOVING FASTER THAN ONE MILE PER HOUR;UNDERGROUND MINES OR MINE SHAFTS OR ANY PROPERTY WITHIN SUCH MINE OR SHAFT; DAMS, DIKES AND LEVEES; PROPERTY IN TRANSIT, EXCEPT AS OTHERWISE PROVIDED BY THE POLICY. TRANSMISSION AND DISTRIBUTION LINES BEYOND 1,000 FEET OF THE COVERED ACCOMMODATION; ANY DAMAGE TO ANY PROPERTY THAT IS NOT IN, AT, OR ON A COVERED ACCOMMODATION; REAL PROPERTY OWNED BY A PARTY OTHER THAN YOU AND THAT YOU DO NOT CONTROL.
SUBJECTIVITIES:
All waivers and disclaimers to be seen and agreed by Underwriters prior to inception of this insurance;
This insurance shall form an integral part of CHBO’s transaction fees for private/non-corporate owners and covenants and shall be compulsory with each such booking;
Warranted hereunder that during any CHBO booking period all owner subscribers shall have effected and shall ensure there is in force at their property homeowner’s insurance with acceptable local insurers under minimum standard policy conditions as prescribed by local authorities and/or professional insurance advisors.
SECTION B – PERSONAL BELONGINGS
LIMIT OF LIABILITY: $2,500
DEDUCTIBLE: $250.00 each occurrence
EXCLUSIONS:
WEAR AND TEAR; MARRING; DETERIORATION; INHERENT VICE; LATENT DEFECT; FAULTY WORKMANSHIP; MECHANICAL OR ELECTRICAL BREAKDOWN;
RUST; MOLD; WET OR DRY ROT; CONTAMINATION;
SMOG; SMOKE FROM AGRICULTURAL SMUDGING OR INDUSTRIAL OPERATIONS;
WAR, WARLIKE ACTS, UNDECLARED WAR, CIVIL WAR, INSURRECTION, REBELLION OR REVOLUTION;
NUCLEAR REACTION, RADIATION OR RADIOACTIVE CONTAMINATION OCCUPANT’S INTENTIONAL LOSS;
DESTRUCTION, CONFISCATION OR SEIZURE OF BY ORDER OF ANY GOVERNMENTAL OR PUBLIC AUTHORITY.
BREAKAGE OF VALUABLES, OTHER THAN JEWELRY, WATCHES, CAMERAS AND PHOTOGRAPHIC LENSES.
REFINISHING, RENOVATING OR REPAIRING OF PROPERTY; INTERNATIONAL TRANSIT AND STORAGE EXCEPT SUCH PROPERTY AS ACCOMPANIES THE OCCUPANT OR MEMBERS OF THE OCCUPANT’S FAMILY OF THE SAME HOUSEHOLD AS PERSONAL BAGGAGE.
SECTION C - PERSONAL LIABILITY
LIMIT OF LIABILITY:
Personal Liability $500,000 For the damages for which the occupant is legally liable and for which you are contractually liable; and provide a defense at our expense by counsel of our choice.
Medical Payments to Others $5,000 Covering the necessary medical expenses incurred or medically ascertained within three years from the date of an accident causing bodily injury. Limited to $500 per person.
DEDUCTIBLE: $2,500 Each occurrence.
EXCLUSIONS:
Coverage under both the Personal Liability and the Medical Payments to Others does not apply to bodily injury, personal injury or property damage which:
IS EXPECTED OR INTENDED BY THE OCCUPANT;
ARISES OUT OF AN ILLNESS, SICKNESS OR DISEASE TRANSMITTED INTENTIONALLY OR UNINTENTIONALLY BY A COVERED PERSON TO ANYONE, OR ANY CONSEQUENCE RESULTING FROM THAT ILLNESS, SICKNESS OR DISEASE. ARISES OUT OF BUSINESS PURSUITS OF ANY OCCUPANT OR THE RENTAL OR HOLDING FOR RENTAL OF ANY PART OF ANY PREMISES BY ANY OCCUPANT; ARISES OUT OF THE RENDERING OR FAILING TO RENDER PROFESSIONAL SERVICES;
ARISES OUT OF ANY PREMISES OWNED OR RENTED TO ANY OCCUPANT WHICH IS NOT AN INSURED LOCATION;
ARISES OUT OF THE OWNERSHIP, MAINTENANCE, USE, LOADING OR UNLOADING OF:
• AN AIRCRAFT;
• A MOTOR VEHICLE OWNED OR OPERATED BY, OR RENTED OR LOANED TO
ANY OCCUPANT; OR
• A WATERCRAFT
IS CAUSED DIRECTLY OR INDIRECTLY BY WAR, INCLUDING UNDECLARED WAR, CIVIL WAR, INSURRECTION, REBELLION, REVOLUTION, WARLIKE ACT BY MILITARY FORCE OR MILITARY PERSONNEL, DESTRUCTION OR SEIZURE OR USE FOR A MILITARY PURPOSE, AND INCLUDING ANY CONSEQUENCE OF ANY OF THESE. DISCHARGE OF A NUCLEAR WEAPON SHALL BE DEEMED A WARLIKE ACT EVEN IF ACCIDENTAL.
SUBJECTIVITIES:
All waivers and disclaimers to be seen and agreed by Underwriters prior to inception of this insurance;
This insurance shall form an integral part of CHBO’s transaction fees and covenants and shall be compulsory with each private/ non-corporate booking; Any private swimming wading lap or other pools to display depths and to have life saving equipment within 10 metres of the pool and such to be easily identifiable;
Warranted hereunder that during any (insured) CHBO period all subscribers shall have effected and shall ensure there is in force at their property homeowners insurance with acceptable local insurers under standard policy conditions and carrying third party legal liability insurance to the minimum prescribed limits per local authorities. Any amount payable hereunder will be reduced by the amount paid or payable for the same covered loss.
SECTION D – BED BUGS INFESTATION REMEDIATION
LIMIT OF LIABILITY:
In respect of one-bedroom units:
$5,000 each single Bed Bug infestation during the Policy Period.
$5,000 in the aggregate for all Bed Bug infestations during the Policy Period.
In respect of two-bedroom units:
$10,000 each single Bed Bug infestation during the Policy Period.
$10,000 in the aggregate for all Bed Bug infestations during the Policy Period.
In respect of three-bedroom units:
$15,000 each single Bed Bug infestation during the Policy Period.
$15,000 in the aggregate for all Bed Bug infestations during the Policy Period.
DEDUCTIBLE: $500.00 each and every each Bed Bug infestation in respect of loss of rental income.
WAITING PERIOD: 72 hours
EXCLUSIONS:
BODILY INJURY INCLUDING MENTAL OR EMOTIONAL INJURY OR DISTRESS, PERSONAL INJURY OR MEDICAL PAYMENTS;
REMEDIATION COSTS INCURRED TO INVESTIGATE, REMEDIATE, CLEAN UP OR RESPOND IN ANY WAY TO CONTAMINATION OF ANY KIND WHATSOEVER AT ANY LOCATION THAT IS NOT A RESIDENCE PREMISES.
ANY DAMAGES OF ANY KIND, INCLUDING PUNITIVE OR EXEMPLARY DAMAGES, FINES OR PENALTIES, AWARDED AGAINST YOU.
ANY LEGAL COSTS INCURRED BY YOU IN CONNECTION WITH A BED BUG INFESTATION INCIDENT AND WE HAVE NO DUTY OR OBLIGATION TO DEFEND YOU IN RESPECT OF ANY CLAIMS OF ANY KIND WHATSOEVER.
ANY OBLIGATION ASSUMED BY YOU UNDER ANY CONTRACT OR AGREEMENT. ANY TRAILERS OR MOBILE HOMES, WHETHER OR NOT THEY ACTUALLY ARE CAPABLE OF BEING MOVED, AND IRRESPECTIVE OF WHETHER THEY ARE ANCHORED OR OTHERWISE FIXED TO A PARTICULAR LOCATION. LOSS, COSTS OR EXPENSE ASSOCIATED WITH FORFEITURE PROCEEDINGS INSTITUTED AGAINST YOU OR A RESIDENCE PREMISES ARISING OUT OF A BED BUG INFESTATION INCIDENT.
