Whether you own a small-business or run a large corporation, our expertise allows us to fully understand the specific risks associated with your business and provide cover that is tailored to your business needs.

Our standard business insurance solution provides cover for:

Note: This solution is not limited to the above sections, additional cover can be provided if required.

Buildings (Combined)

Your building faces numerous risks that could cause damage to it. This section provides comprehensive cover for buildings.

Below is a brief breakdown of what this cover entails:

We also offer you the following benefits which you are covered for at no additional cost:

• We will also pay for fire extinguishing costs that you may incur due to damage of your office contents.
• To ensure business continuity we include cover for the additional rent you may need to pay to operate from alternative premises until the damage to your office contents has been fixed.

Additional Cover: 

You may also extend the cover to protect the property against theft or burglary. 

Fire

Fire and related risks can have devastating effects on your assets.
We provide cover against damage caused by:

We also offer you the following benefits which you are covered for at no additional cost:

We will pay fire extinguishing, architects' and other professional costs you may incur through loss or damage to your buildings/equipment/stock.

Office Contents

Your offices contain many valuable assets from furniture to documentation which need to be insured.

This cover provides you with insurance against damage caused by:

We also offer you the following benefits which you are covered for at no additional cost:

• We will also pay for fire extinguishing costs that you may incur due to damage of your office contents.
• To ensure business continuity we include cover for the additional rent you may need to pay to operate from alternative premises until the damage to your office contents has been fixed.

Additional Cover:

• You may also extend the cover to protect the property against theft or burglary.

Business Interruption

Damage to your property may result in reduced turnover or additional expenses which may cause serious business interruption that you did not plan for.

Herewith follows a brief breakdown of what business interruption cover entails:

• Insurance for gross profits
• Insurance for gross rentals 
• Insurance for gross revenue
• Insurance for additional increase in cost of working

We also offer you the following benefit which you are covered for at no additional cost:

• Cover for infrastructural damage that occurs within a 10 kilometre radius or your business which hampers customers accessing your premises. 

Additional Cover:

At a small additional premium you can also extend the cover to insure your business against a reduction in turnover following damage to the property of clients and suppliers.

Theft

This cover insures your business contents against loss or damage after forcible and violent entry or exit into your building. The section includes cover in the event of an armed robbery:

We also offer you the following benefits which you are covered for at no additional cost:

• Damage to buildings (up to R5 000)
• Damage to fixtures / fittings (up to R5 000)
• Locks / keys (up to R2 000)

Note: Theft of office contents is covered under the Office Contents section. 

Money

There is bound to be money kept at your premises or in transit from time to time. We provide cover for loss of/or damage to money on your premises or while in transit to and from the bank.

We also offer you the following benefits which you are covered for at no additional cost:

• Loss or damage to money containers (up to R3 000)
• Loss of locks/keys (up to R3 000)

Glass

Accidental breakage of glass is inconvenient and exposes your property. You therefore need to ensure that you are covered for this risk.

Our cover includes:

• External and internal glass and building signage cover.

We offer you the following benefits which you are covered for at no additional cost:

• Cost of frames, shop fronts and window displays (up to R2 000).

Goods in Transit

Goods are often damaged or stolen while being transported, which is why you need to ensure that you are covered for this risk.

You can choose between the following cover options:

• Comprehensive cover
• Limited cover (damage following a fire, collision or vehicle overturning)
• Limited cover that includes theft and hijackings

Business All Risks

The Business all risks section provides comprehensive cover for loss or damage to equipment at your premises or while it is off your premises.

To illustrate when this cover would be applicable, we refer to an example of a professional photographer who travels extensively with equipment. He should be insured under this section as it provides for worldwide cover.

Accidental Damage

It is difficult to think of everything that can have an impact on your business. Sometimes extraordinary events occur that are not insured anywhere else on a policy (e.g. collapse of shelving).

Accidental damage provides cover for these circumstances as long as it is not insured under another section of your policy.

Fidelity Insurance (Theft by employees)

Though you take care in appointing a qualified and ethical workforce, theft by your employees is still an unfortunate possibility.

Our cover includes:

Compensation for financial loss to your company due to theft (money or stock) by your employees.

Public Liability Insurance

Public liability insurance covers you in the event that you or one of your employees causes damage to someone else's property or causes the death or injury of someone during the course of business.

Our cover includes:

Defending you against a third-party claim, if you are found legally liable the damages awarded, and the third-party legal costs will be covered up to the limit insured.

Personal accident cover (Individuals & employees)

Should you or one of your employees be injured accidentally, whether working or otherwise this section will provide a pay-out based on the compensation limit you requested. This can either be on a stated benefit basis (i.e. related to annual salary of employees, or a fixed amount).

Vehicles

This covers vehicles such as motor cars, bakkies, busses, trucks, trailers, caravans, motorcycles and special type vehicles.

Cover options include:

• Comprehensive cover - all risks (see benefits below)
• Limited cover - Third party, fire and theft
• Limited cover - Third party only

Comprehensive cover includes the following benefits:

• Motor vehicle repairs (following an accident) up to
  R2 000 without prior consent is automatically included.
• Medical expenses following a motor vehicle accident up to R1 000 per occupant automatically included.
• Unauthorised passenger liability cover automatically included up to R2.5 million in respect of motorcars and bakkies.
• Loss of keys
• Fire extinguishing charges

Additional Cover:

• At a small additional premium, vehicle hire can be included if your vehicle is unusable due to loss or damage.

Electronic Equipment

Your computers and other electronic equipment are an integral part of your business and you therefore need to insure them.

We offer you the following benefits which you are covered for at no additional cost:

In addition to the replacement or repair of your hardware, we will also pay for architects and other professional fees, clearing of debris, erecting hoardings to protect your property, the cost of express delivery and overtime, to ensure we get your business up and running as quickly as possible.

Additional Cover:

• You may also extend this section to provide cover for the reinstatement of your data and computer programmes.

Machinery Breakdown

Your machinery may be covered under the Fire and Theft section. However, in some instances you may incur accidental damage to your equipment and machinery by:

• Lack of skill of the operator
• Carelessness
• Short circuits

We will also cover costs involved with overtime, night work (or work required on public holidays) and express freight to repair the plant & machinery as soon as possible.

Business interruption (Following machinery breakdown)

The breakdown of your plant or machinery will have a negative impact on the running of your business.

This section covers for reduction in turnover and increased working following a machinery breakdown/loss (if insured in terms of the Machinery breakdown section).

Deterioration of stock

Breakdown of machinery may result in the loss of refrigerated stock. This section provides cover for this occurrence (provided the machinery was insured in terms of the Machinery breakdown section).

Insurance Good and Proper

At Santam Commercial our breadth of expertise allows us to recognise potential risks to protect the future of your business. Because without forward thinking business insurance, your business can't operate the way you want it to. Why not put us to the test?

Request a quote today!