Santam shares the latest news and fresh perspectives on issues affecting the insurance needs of our commercial and professional clients.
The contents of your practice are an essential part of your business and need to be properly insured.
We know that due to the nature of your practice there may be money held at your practice and/or in transit from time to time. This needs to be insured.
Business all risks
This section provides comprehensive worldwide cover for loss of or damage to equipment both at your premises and while it is taken off your premises.
Public liability insurance provides you with cover if you or one of your employees damages someones else's property or causes the death/injury of someone during the course of business.
This section covers you as employer in the event of death or bodily injury to any employee during the course of employment if you are found to be legally liable.
Damage to your practice may result in reduced turnover or additional expenses, which may cause serious business interruption that you did not plan for.
Though you take the utmost care in appointing qualified and ethical staff, employees may still commit fraud. This section provides compensation for financial loss to your practice due to theft (money or stock) by employees.
Here we provide cover in the event that there is loss or damage to your book of accounting records.
Santam's medical practice insurance solutions are as flexible as your practice requirements. You can tailor your overall insurance policy by adding the following additional cover:
Increased theft limits
Goods in transit
Electronic equipment (computers and other)
Private home (buildings and contents)
Extended personal legal liability
Accidental damage to personal property
Use these simple tools to check if your business is sufficiently protected. Having the right cover in place will ensure quick and hassle-free claims in times of need.
South Africa loses millions of rand to fire each year. The past fire season has seen thousands of people displaced from their homes as a result of fires in the Knysna area while acres of vineyards were destroyed in the Western Cape in January, decimating revenues within the wine industry.
The recent spate of fires in the winelands of the Western Cape has again brought the issue of the wine producer’s risk to the fore, with a number of wine farms being adversely affected. Shehnaz Somers, head of commercial underwriting at Santam said the company is still assessing the damage and loss as a result of fires spreading to well-known vineyards and guest farms in the winelands and surrounding areas over the past month.
Expanding your business across the border? First, find the right legal partner on the other side to help you understand and consider all the legal parameters, practicalities and infrastructure required to support your business.