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Commercial

Insurance

A business is very dynamic in nature and your success relies on everything and everyone to work together, harmoniously. Business risks are unavoidable and can have a catastrophic impact on your business activities and cost you a good deal of valuable time and money. Envision what the financial consequences would be for your business if a fire broke out at your premises, your stock got stolen, your server gets struck out by lightning, or a customer keeps you liable for damages that they incur.

 

We can provide tailored business insurance packages for small to large businesses. Equipped with the most trustworthy insurance partners, we will find a partner that best suits the insurance needs of your business at the lowest price. We offer personalised customer service and will intermediate between you and the insurer to save you time, money and making your insurance experience hassle-free.

WHY LET YOUR BUSINESS BE OUR BUSINESS?

SAVE MONEY

We will save you money by placing your policy with a trusted insurer that offers you the most comprehensive benefits at the lowest price.

EXCEPTIONAL ADVICE AND GUIDANCE

You can trust our knowledge and expertise to provide you with exceptional advice and guidance.

SAVE TIME AND FRUSTRATION

We will save you the time and frustration of spending hours on the phone, by dealing with the insurer on your behalf with regards to policy amendments, queries and claims.

IMPROVED CLAIMS EXPERIENCE

We will ensure that you stay in the loop and have a better claims experience, by communicating with the insurer regularly and keeping you informed of the progress.  

PERSONALISED CLIENT SERVICE

With us you are not just a number! We know who YOU are and therefore we can ensure a personalised client experience.

NO POLICY FEES

Yes, that's right! We do not charge any policy fees.

BUY & SELL, KEYMAN AND CONTINGENT LIABILITY

We can support your business with all your long-term insurance needs! 

CONTACT ME

Thank you! You will here from us soon!

OUR PARTNERS

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  • What is covered under a standard business policy?
    Commercial policies can be structured according to the exact needs of your business. The typical Multiple Peril Policy consists of the following sections: Fire Insurance Section - Can be structured to cover your building, stock, plant and machinery against fire, lightning and explosion and additional perils. Buildings Combined Section - Comprehensive building cover for non-hazardous buildings, such as: flats, offices, schools, hotels, hospitals, shopping complexes and churches Office Content Section - Comprehensive cover for the content of your office. Please note that electronic equipment must be insured separately. Financial Losses Business Interruption - Business interruption is also known as “loss of profits” or “Consequential loss”. It relates to a financial loss incurred when the operations of the business are incurred due to a loss caused by a peril under the fire, buildings combined, content or other materials damage policy, but limited to the perils under the fire policy which includes, fire, lightning and explosion. Accounts Receivable - The cover indemnifies the policyholders against financial losses caused by the loss or destruction of the accountants books. This covers the books at the premises of a director, partner and employee or the premises of the accountant. Accident Classes Theft - Provides cover for theft. Money - Covers you and your business in the unfortunate event of financial loss due to the loss of, or damage to, any money kept on your business premises. Glass - Covers the loss and damage to internal and external glass, mirrors, signwriting and the treatment thereon. Fidelity Guarantee - Covers the direct financial loss as a result of theft, fraud or dishonesty by an employee. Goods in Transit - Covers your goods during damage that may occur during transit. Business All-Risk - Provides cover for property that is removed from the business premises, such as cell phones, laptops, cameras and other business equipment. Accidental Damage - Provides cover for the accidental physical loss or damage to your property. Liability Section Personal Liability Section - Covers damages which the insured shall become liable to pay for consequence upon death, bodily injury to or illness of any person or loss or damage to physical property which occurred in connection with the business. Employers Liability Section - Insurance cover for damages that you or any member, partner, director, principal or employee of business may be held legally liable to pay following an incident in the course of or in connection with the persons employment with the Insured. Personal Accident Section - The Insurer will pay to the insured, on behalf of an insured life or their estate, the compensation stated in the table in the event of accidental bodily injury to any insured life directly and independently of all other causes specified in the table under the heading circumstances. Commercial Motor Section - Covers Loss or damage to any vehicle as described in the schedule, and its accessories and spare parts whilst thereon. Motor Traders Section - Covers Loss or damage to any vehicle as described in the schedule, and its accessories and spare parts whilst thereon. Electronics Section - Covers physical loss of or damage to electronic equipment at the insured’s premises, in transit and temporary removal. Cover is worldwide for portable electronic equipment. Cover may be structured to cover consequential losses including the reinstatement of data or programs as well as the increased costs of working.
  • Does my insurance cost more when dealing with FINZO, then when dealing directly with the insurer?"
    No. We are proud to say that we charge NO policy fees. Whether you deal with the insurer directly or via FINZO, there is a standard amount of commission included in your short-term insurance policy premium. The commission either goes back to the insurer or to the appointed Intermediary for their services.
  • What is "Average" and how is it applied?"
    The amount claimed will be reduced in proportion to how much you are under-insured. The following sections are subject to the average clause: Fire, Buildings Combined, Business Interruption, Office Contents, Glass, Business All Risks, Accidental Damage and Electronic Equipment. The following formula is used to calculate your payout. - Insured Value / Actual Value x Claim Amount = Payable - R400 000 / R500 000 x R30 000 = R24 000.
  • What does "Excess" mean and what influence does it have on my premium?"
    Excess is the first amount payable when you make a claim on your policy. The amount of the excess is specified in your policy. The higher your excess, the lower your monthly premium and vice versa.
  • Does my insurance premium decrease yearly, in line with the value of my vehicle?"
    No. The annual review will take into account the depreciated value of the vehicle. The most claims are paid for accident damaged vehicles and not complete losses. The costs of labour and parts increase with inflation. Both these factors will be taken into consideration, and the premium is therefore more likely to increase.
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