FNB Business Insurance

NB, also known as First National Bank, is a prominent South African financial services provider and insurer that delivers a wide range of products and services for businesses of all sizes. This innovative financial institution is committed to delivering exceptional value and personalised service.

Choosing FNB as your insurer comes with benefits like competitive premiums and comprehensive cover, access to a team of dedicated experts, an application process that’s easy and convenient, and more.

A brief history of FNB

They were founded in 1838 as the Eastern Province Bank in Grahamstown, South Africa. It later became a division of FirstRand Bank Limited, one of the largest financial institutions in Africa. Today, FNB has a strong presence in the finance and insurance market, offering a wide range of innovative products and services.

An overview of FNB's insurance products

FNB offers a comprehensive range of insurance products and services that are designed to protect businesses against various risks. They offer businesses insurance for fire, including accidental damage and glass, office contents, business interruption, theft, money, goods in transit, business all risks, public liability, including employers' liability, electronic equipment, and employee benefits.

With them, you can customise your business insurance coverage to meet your specific needs and budget. FNB's insurance experts can provide expert advice on risk management and help you find the right insurance solutions for your unique requirements.

Customer service at FNB

Customer service is their top priority. The company's team of dedicated insurance experts is available 24/7 to assist with any queries or concerns. Their claims service is also available around the clock to ensure that you receive prompt and efficient service when you need it most.

Their impressive digital innovations

They’re known for their innovative approach to banking and insurance. The company has launched several digital innovations that have transformed the way you can manage your insurance needs.

Some of these include the FNB instant life, an online platform that allows you to purchase life insurance quickly and easily, the FNB business insurance App, which allows you to manage your insurance policies and claims using your mobile device, and the FNB commercial claims hub, a digital platform that simplifies the claims process for businesses.

These digital innovations demonstrate their commitment to using technology to provide innovative insurance solutions that meet your evolving needs.

FNB offers a range of business insurance services that are designed to protect your business against various risks. The company's insurance products include:

• Business life insurance – This insurance product provides your business financial security by paying out a lump sum in the event of the death or disability of yourself or a key person.
• Business property insurance – This insurance product provides your business property coverage against loss or damage due to theft, fire, or other unexpected events.
• Liability insurance – This insurance product provides your business coverage against claims for injury, property damage, or other forms of liability.

FNB's business insurance categories explained

FNB offers a comprehensive range of business insurance options to help companies protect their assets, employees, and operations. The main categories of FNB's business insurance include group funeral plan, business life insurance, short-term insurance, risk advisory, wealth and fiduciary, law on call business plan, business credit protection plan, and business cashflow cover.

The group funeral plan provides a dignified funeral service for employees and their immediate family members. Business life insurance offers financial protection to businesses in the event of the death of a key person or partner. Short-term insurance covers a range of risks, from property damage to business interruption. Risk advisory provides customized risk management solutions to minimize financial losses.

Wealth and fiduciary offers estate planning and trustee services to manage wealth effectively. The law on call business plan provides businesses with legal advice and support.

The business credit protection plan covers outstanding debts in the event of death, disability, or retrenchment. Business cashflow cover provides businesses with cash flow relief in the event of temporary business interruptions.

With FNB's diverse range of business insurance options, companies can have peace of mind knowing that they are protected from various risks that may affect their operations.

Business life insurance options from FNB

FNB offers a range of insurance options for businesses, including key person insurance, contingent liability insurance, and buy or sell insurance. Key person insurance can help cover the cost of losing critical employees, ensuring that the business can carry on as usual.

Contingent liability insurance provides peace of mind by settling any debts should something happen to the surety. Buy or sell insurance covers the cost of buying out the share or interest of a business partner. These insurance options can help businesses prepare for unexpected situations and minimise financial risks.