Why Your Business Needs SASRIA

Protection Against Special Risk Events

All the riots and civil unrest that take place in South Africa have repeatedly left a trail of devastation in their wake, particularly affecting small business owners across the country. In the aftermath of such destruction, SASRIA (South African Special Risk Insurance Association) cover can be a lifeline.

What is SASRIA?

SASRIA is a vital pillar of support for South African businesses and individuals facing unforeseen perils. As a state-owned entity, it operates under the National Treasury, aiming to mitigate job losses and sustain livelihoods in the face of "special risk events." These events can inflict significant damage, making SASRIA's role pivotal in safeguarding against such occurrences.

SASRIA cover is not a stand-alone insurance policy but rather an additional layer of protection integrated into existing insurance policies. It extends its shield to various risk events, including public disorder, political and non-political unrest, as well as terrorism.

Types of SASRIA Cover

For small business owners, SASRIA is involved in a range of products tailored to address specific needs. These include contents cover, insuring tangible assets such as property, equipment, and agricultural resources. Income cover protects cash assets, while goods in transit cover ensures the safety of transported goods within South Africa's borders. Business interruption cover shields against indirect financial losses stemming from peril events, and construction cover caters to construction sites, safeguarding temporary works and existing structures.

Moreover, SASRIA extends its umbrella to cover motor vehicles, offering protection for cars, delivery vehicles, busses, and trailers.

Navigating SASRIA Claims

In the event of a claim, small business owners must follow a structured process facilitated through their insurance providers. Claims are then submitted through intermediaries, with SASRIA directly managing the assessment and payout processes.

For South African small businesses seeking comprehensive insurance solutions, dotsure.co.za offers business insurance with tailored protection against a spectrum of risks, including those covered by SASRIA.