Small/New Security Company Product
This product has been designed to provide affordable Liability Insurance for the smaller and newly registered Security Companies i.e. such companies:-
a) where the Annual Turnover does not exceed R3.000.000; and/or (at the Underwriters discretion)
b) that have not been trading for a continuous period of longer than three years
b) that have not been trading for a continuous period of longer than three years
Insurers:
Underwritten by certain underwriters at Lloyd's
Wording:
Broad form “Claims Made” designed for Security Contractors
Cover:
General, Pollution and Security Liability (including Custody & Control), Firearms, Dishonesty of Guards (Fidelity Risks) and Special Events Security Services
Territorial Limits:
RSA only
Jurisdiction:
Within the Territorial Limits
Indemnity Limits:
General, Pollution,
Security Claims, Firearms
Security Claims, Firearms
and Special Events:
Maximum R2.500.000
Fidelity Risks Extension:
R100.000 “Per Claim” and “Per Period” with 1 automatic reinstatement
Excluded Risks:
Cover is only provided to Security Contractors registered in terms of the Private Security Industry Regulatory Authority Act
Airports and airport contracts unless agreed by Underwriters
Airports and airport contracts unless agreed by Underwriters
Additional information – new Business Starter Pack Information Pamphlet: Download Pamphlet
Small/New Security Company Product Contacts:
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Underwriting
Kerene Waugh
Catherine Mills
Kerene Waugh
Catherine Mills
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Claims
Cliff Jones
Marlon Daniels
Cliff Jones
Marlon Daniels
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