Security Liability Insurance

Insurers

: Under Binding Authorities with Marketform and DA Constable Syndicates at Lloyds’

Cover

: General, Pollution, Products and Security Liability and Professional Indemnity, including
Custody & Control, Firearms, Dishonesty of Guards (Fidelity Risks) and Money-In-Transit

Territorial Limits

: RSA, Namibia, Lesotho, Botswana and Swaziland

Jurisdiction

: Within the Territorial Limits

Wording

: Broadform “Claims Made” designed for Security Contractors

Indemnity Limits

:      Primary Layer:                         R10.000.000 “Per Claim” and “Per Period” as applicable

                                      Fidelity Risks Extension:          R500.000 “Per Claim” and “Per Period”

                                      Money-In-Transit: Extension:   Maximum R250.000 per carry

                                      Excess Layer/Umbrella:           R40.000.000 in excess of R10.000.000

                                      Additional Indemnity Limits can be sourced in the Lloyds’ Open Market

Excluded Risks

:         Cover is only provided to Security Contractors registered in terms of the Private Security
                                      Industry Regulatory Authority Act

                                      The Money-In-Transit Extension is not designed for specialist Assets-In-Transit Contractors

                                      Airports and airport contracts unless agreed by Underwriters

SAUMA