Business OUTsurance will cover loss or damage to stock kept inside the building where the damage occured because of explosion, acts of nature, bursting of geysers and water pipes, malicious damage (not theft), impact or fire - we'll even cover the fire extinguishing charges.
Documents | Frequently asked questions
At Business OUTsurance, we'll cover your business against damage or loss of money during normal business hours. So, whether it's fire, explosion, acts of nature, bursting geysers and water pipes, theft or impact that caused the loss or damage - you're covered!
Optional business insurance products for money cover
Stock-in-transit cover provides you with complete peace-of-mind, knowing that you'll be fully covered for loss or damage to your stock while it is being transported to and from the business address by one of your company's vehicles or by any of your employees. This also includes stock which is being loaded on or off the vehicle transporting the stock.
You'll even receive cover if the vehicle carrying the stock is temporarily stored (for not longer than 96 hours).
Finally, you are covered in case of malicious damage (not theft), accidental damage and also where fire, explosion or acts of nature caused loss or damage.
Optional business insurance products for stock-in-transit cover
Employee dishonesty cover insures your business against loss of money or property, following acts of fraud or theft by an employee who obtains direct financial gain by these actions.
You can submit a claim up to 24 months after the date of the incident. Alternatively, if the employee has already left the company or in case your facility has been cancelled, you still have a 12 months grace period in which you can submit a claim.
Personal accident insurance allows you to cover your business partners or employees in case of accidental death or disability, directly caused by an accident. The death or disability has to occur within 12 months of this injury.
You can either name the people you'd like to add to your facility, or you can select the relevant departments (specifying the number of people per department).
You won't need to pay an excess and you'll be insured worldwide.
Optional personal accident cover for temporary total disability will be paid out if an employee is involved in an accident and when (because of this) he or she is unable to perform their usual duties at work.
* Personal accident insurance for individuals is also available.
Business OUTsurance will cover damages which you are legally liable to pay following the accidental death, illness or bodily injury of an employee, and which occurred in the course of or in connection with this person's employment with you.
If your business owns a motor boat, ski boat, jet ski or rubber duck that you are using for private purposes only - make sure to add business watercraft insurance to your existing business insurance facility. Click here for more information on this product.
Public liability insurance covers damages which you are legally liable to pay following an incident which occurred in the course of or in connection with your business where you can be held legally liable following the actions of any member, partner, director, principal or employee. This insurance product covers your business in case of death, illness, or bodily injury as well as accidental loss of or damage to the property of other people.
You are covered for additional legal defense costs arising from any criminal action brought against you or any member, director, partner or employee in the course of his occupation with you. This product also includes cover in case of damages resulting from wrongful arrest, assault or defamation as well as any sudden, unforeseen and unintended pollution, contamination or seepage, including the clean-up costs.
You can also add these great optional covers: