A decade ago few could’ve predicted just how much our lives would be enhanced by the “expensive toys” in the sky. Drones, or unmanned aircraft, now play an important role in many types of businesses, and the development of drone technology has resulted in a multi-billion dollar global industry.
From delivering pizza to being used in humanitarian response, drones have become a part of our everyday lives making our lives easier – and sometimes, more complicated. Drones are used extensively in farming, wildlife management to save dwindling animal populations, maintaining power lines, monitoring traffic and providing security surveillance of assets in remote parts of the country.
As the use of drones is on the rise, so are the risks. These toys are quickly becoming incorporated into the lifestyles of many South Africans.Buy drone insurance here
CAN YOU MAKE IT TO 1001 DAYS AND STILL HAVE A LIFE?
Starting a small business means making a lot of personal sacrifices in order to be successful. In the final chapter of our 1001 Days web series, entrepreneurs Nelisiwe Masango and Mariam Jakoet Harris share what they have experienced along their journeys and how they’ve managed to find a work-life balance, while growing their own thriving businesses.
HOW DO YOU HANDLE IT WHEN THINGS GO WRONG?
Running a small business means facing different challenges along the way. With the right attitude and approach, you can learn from these experiences and turn them into opportunities for growth. In this second-to-last chapter of our 1001 Days web series, small business owners, Nelisiwe Masango and Mariam Jakoet Harris, share how they have handled things when they’ve gone wrong – and provide tips for entrepreneurs in the same position.
DOES A MENTOR REALLY MATTER?
Aside from being a trusted advisor one can rely on for honest feedback, a mentor can help entrepreneurs see the bigger picture and nurture potential. How do you find the right source of this inspiration? In Chapter 4, Nelisiwe Masango and Mariam Jakoet Harris share a bit more about their personal approaches to seeking guidance from mentors on their small business journeys.
WHAT THEY DON’T TELL YOU ABOUT PLANNING
Does an entrepreneur’s success rely on a solid business plan? How closely connected are financial challenges and planning priorities? It’s important to map the future, support growth and identify the milestones you’re working toward. Find out what Nelisiwe Masango from Bear Run Investments and Mariam Jakoet Harris from Cooked Inc. have to say about their approach to planning.
WORKING WITH PEOPLE
As an entrepreneur, working with others is an essential skill to master. Whether you're a partnership, family business or a sole proprietor, growing your company means learning to respect, rely on, and trust employees and colleagues. In Chapter 2, Nelisiwe Masango from Bear Run Investments and Mariam Jakoet Harris from Cooked Inc. share a bit more about their personal plans for working with people and other advice for start-ups who are on the path to building a bigger work force.
CAN ANYONE REALLY BE AN ENTREPRENEUR?
What compels one from spotting an opportunity to taking the leap of faith and starting their own business? In Chapter 1, Nelisiwe Masango from Bear Run Investments and Mariam Jakoet Harris from Cooked Inc. share a bit about their respective industries, their motivation for starting and advice for others who are trying to cut it in the South African small business landscape.
Benefits of insuring with us
Santam is the insurer of choice for millions of South Africans. We help you be safe and stay safe – everywhere you go. If you need four more reasons to choose Insurance good and proper.Request a quote
Why drone insurance?
It is estimated that there are between 40,000 and 50,000 drones in South Africa. Almost all those drones are flown by amateurs as there are just 663 Remote Piloted Aircraft Systems in the country, according to the 2018 State of the Drone Report. This can be supported by a finding that almost 10% of drones in South Africa are destroyed on their first flight – and most crashes are due to simple pilot error.
Drones can cost anything from R1 000 to more than R100 000, meaning that, should a drone go missing on a flight, the owner can expect to suffer a substantial financial loss. Based on the number of potential accidents that can happen with drones, it is recommended you take out drone insurance to protect your investment with insurance that covers damage to the drone itself and yourself with liability insurance.
Drone insurance ensures that if your drone is lost, damaged or causes loss, damage or injury to others, you will be covered to a certain extent, depending on the policy.
Pilot excess waiver
This policy covers you in respect of the excess (deductible) payable in terms of the Hull All Risks policy. This covers any aircraft not owned by yourself flown under hire and fly, rental, loan or employment arrangement, or flown while undergoing slight training, not exceeding the sum insured elected by yourself and subject to a valid claim being lodged against the Hull All Risks policy covering the aircraft.
The cover excludes all losses not covered by the Hull All Risks policy covering the aircraft and cover is subject to reinstatement following a claim under this policy.
Buy pilot excess waiver insurance here
10 most common reasons drones crash
About 75% of accidents are due to pilot error
- Testing out the drone indoors without a stable GPS signal
- Not doing a proper pre-flight check before take off
- Not ensuring that propellers and batteries are properly fitted before take off
- Failure to activate safety measures correctly
- Setting the return GPS to a moving object; when the drone returns the pilot has moved on
- Not waiting for a full satellite signal on the drone before take off
- Battery issues – failure to check battery levels
- Deactivating object avoidance sensors by flying drones in sport mode
- Manufacturing faults, electronic parts, malfunctioning, faulty batteries, etc.
- Using non-recommended smart device to fly a drone, getting a bad feed
If you prefer to talk to us directly and take advantage of our depth of expertise, contact us and see how we can take care of all your drone insurance needs in a fast, hassle-free manner
T: 011 912 8068/083 399 7802