Business Owners

Commercial & Industrial

Contractors & Plant

Motor – Fleets, HVC & GIT

Liabilities

Marine

Agriculture

Body Corporate

Guarantees

Special Risks

Additional Services

Commercial & Industrial

Based on Insurance Zones market-leading policy wordings and business-specific extensions this policy is designed with various sections of cover to meet the needs of businesses operating in today’s world.

Key areas of cover for a commercial enterprise of any size, in any business sector.

  • Material damage to buildings, plant and machinery, stock, fixtures and fittings and office contents.
  • Loss of profits following business interruption. Insure your Gross profit, standing charges and additional increased costs of working following a loss
  • Liabilities – Loss or damage to third party property or persons in the course of business for which the insured could be held responsible or negligent.
  • Good In Transit – All Risk cover
  • Electronic equipment
  • Money
  • Business All risks – Equipment leaving your premises to complete work away in the field
  • Machinery and plant breakdown
  • Deterioration of stock
  • Commercial crime or Fidelity guarantee – Theft, loss or fraud committed by employees
  • Accident and health for your workforce

Included in every Commercial policy:

  • Damage to buildings (as a consequence of theft)
  • Claims preparation costs
  • Power surge cover (available under Fire, on request)
  • Geyser cover* (under combined sections of Fire & Building)
  • Accidental building damage (under Building Combined)
  • Business interruption (additional increase in cost of working)
  • Electronic equipment incompatibility and data reinstatement
  • Theft of safes and other secure valuables storage containers
  • Legal defence and wrongful arrest costs (under Public Liability)

Contractors & Plant

This cover is designed to replace, repair or reinstate contracts which are underway in the engineering and construction market. This may encompass anything from a small home renovation to a large scale property development as well as the installation, relocation, testing and commission of machines or large plant within factories and the industrial sector. Plant and yellow metal is offered on an all-risk basis and is available for replacement under market value, new replacement value or agreed values.

Key areas of cover for a commercial enterprise of any size, in any business sector.

  • Entire contract value including free issue materials
  • Contractors liability
  • Testing and commissioning
  • Surrounding property
  • Temporary storage
  • Subcontractors
  • Difference in conditions

Motor – Fleets, HVC & GIT

All vehicles can be insured on a specified basis with extensions such as car hire, loss of use cover, excess reduction and available emergency assistance.

Goods in transit cover is on an all-risk basis with specialised extensions such as load shift available for heavy commercial vehicle loads.

Non-traditional structures can also be arranged as follows:

  • Premium declaration based fleets
  • Annual aggregates
  • Stoppers
  • Contingent liability risk financing models

Liabilities

With non-tangible risks and exposure claims on the increase, Insurance Zone offers a comprehensive liability program which can be taken off the back of commercial and business offerings as well as stand alone. Changing legislation, multiple lines of exposure from third parties and employees and new cyber disruptor risks have created the need for Insurance Zone to design and underwrite complete package liability cover products which carry the necessary extensions to safeguard business today and in the future:

Automatically included under broadform liability is:

  • Work away cover
  • Defective workmanship cover
  • Products liability cover
  • Employees liability cover
  • Beauticians/hairdressers liability cover

Extra cover available:

  • Goods in the care custody and control of the insured
  • Product inefficacy
  • Product recall
  • Professional indemnity
  • Medical malpractice

Insurance Zone liability package:

Either offered as a stand alone product or as an add on to existing commercial policy, the following can be added.

  • Broadform liability R30 000 000
  • Directors and officers liability R5000 000
  • Cyber liability R1000 000
  • Employment practices liability R250 000

Marine

Key areas of cover specific to marine and related disciplines

  • Hull insurance for loss or damage to ships, boats and other waterborne vessels
  • Loss or damage to goods while being conveyed by land, sea or air. Including storage or handling while goods are en route from the country of origin to their final destination in South Africa

Agriculture

Key areas of cover for those in agricultural or farming enterprises:

  • Residential dwellings
  • Personal contents
  • Farm buildings
  • Machinery and equipment
  • Agricultural liability (including spread of fire)
  • Pumps and electrical motors
  • Irrigation pipes and pumping equipment
  • Property in the open
  • Spray irrigation systems (on wheels & centre pivots)
  • Paddock and boundary fencing
  • Damage to water tanks & water apparatus
  • Produce and livestock in transit
  • Droving
  • Animals (strays and escaped livestock)
  • Farm vehicles

In addition to these risks, cover is also available for the following, with unique underwriting options for certain specified liabilities*:

  • Wine farms (co-operatives and estates)
  • Fruit and raisin producers
  • Poultry producers*
  • Packaging and cooling plants
  • Warehouses*
  • Growing plant material & trellised structures
  • Plastic tunnels
  • Shade cloths
  • Product guarantee
  • Product recall
  • Product liability (including USA & Canada)
  • Exports

Body Corporate

With extensive experience and a large market share, Insurance Zone offers a solution for residential complexes, sectional title and homeowners associations.

Fidelity guarantee cover solutions are also available for managing agents and trustees as prescribed by the sectional titles act.

A key to service delivery and happy homeowners is insurance zones 24-hour call centre which is always on standby for burst geysers, pipes or any accidental repair or emergency repair required under the policy.

Guarantees

Key areas of cover specific to engineering and related disciplines including manufacturing and medical.

  • Public liability
  • Support risk
  • All risks – plant
  • Machinery breakdown
  • Consequential loss
  • Deterioration of stock – following machinery breakdown
  • Electronic equipment
  • Employers’ liability
  • Construction guarantees – performance, reputation and advance payment
  • Loss of profits – following indemnifiable loss or damage
  • Advanced loss of profits
  • Medical practice equipment

Special Risks

With an evolving business environment, certain clients require tailor-made solutions wide of the product spec that is on offer. Insurance Zone consults and can structure unique solutions in the risk finance space and contingent liability space. This allows of non-traditional thinking and structures to be implemented to the risk programme. This is available on request.

Key areas of cover:

  • Buildings: commercial and domestic
  • Schools
  • Travel insurance
  • Liability
  • Executive vehicle policies
  • Professional indemnity
  • Directors’ and officers’ liability
  • Fidelity guarantee

Additional Services

Key areas of cover:

  • Travel insurance including kidnap and ransom cover
  • Specialised school products
  • Classic cars and collections
  • Mining and energy risks
  • Commercial crime
  • Commercial drone cover
  • Golf course cover – Including greens and tee boxes