Momentum Business Insurance

Momentum is a South African financial services company established in 1966, committed to offering innovative product solutions and excellent service to all its clients.

Momentum: Your trusted insurer of choice for achieving your dreams and goals

The company's vision is to partner with clients as their preferred and trusted insurer of choice. The organisation is built on six core values: accountability, diversity, excellence, innovation, integrity, and teamwork. By partnering with Momentum, you can achieve your dreams and goals by receiving professional financial solutions and products to make your aspirations a reality.

Momentum aims to help people from all walks of life achieve their lifetime goals and aspirations. The company's brand story encourages its clients to make smart financial decisions and never settle for the status quo.

They believe that everyone has an inherent momentum, a force that moves them further along their life journey, and is there to support clients on their journey to success. By working with a trusted financial advisor, Momentum enables clients to make informed financial decisions and achieve their goals.

Making a difference in the lives of young South Africans

Momentum's initiatives in corporate social investment strive to empower underprivileged youth in South Africa by providing them with employment opportunities, job placements, and access to income-generating ventures.

They’re committed to tackling youth unemployment and equipping young people with financial literacy skills that will aid them in realizing their ambitions. The company's CSI endeavors consist of various programs, such as FinEazy, which offers financial literacy workshops for individuals, and Motheo Financial Dialogues and Making Money Matter programs, which deliver financial education to school students.

Momentum's holistic approach to empowering clients, youth, and women through campaigns

Momentum has various campaigns, including #BornWithMomentum, which recognises that every person is driven by an energy that propels them forward in life, and #SheOwnsHerSuccess, which honours every woman and her limitless potential.

Another campaign, #SuccessIsAScience, brings data and insights in collaboration with Unisa to show clients how their behaviour can accelerate their journey to financial success. Momentum also nurtures South African youth to achieve their life goals and aspirations through its Momentum Futures programme, which provides access to skills and job opportunities.

Momentum offers flexible and comprehensive short-term business insurance solutions that are tailored to the unique needs of South African businesses.

The company understands that running a business can be challenging and offers cover that protects against a wide range of unforeseen events, including loss or damage.

Types of business insurance that Momentum offers

1. Customized insurance coverage: personalized coverage options designed to cater to your specific business requirements.
2. Business vehicle insurance: insurance coverage for all authorized vehicles used for business purposes, providing protection against loss, theft, and replacement of lost keys.
3. Combined building insurance: insurance protection for your office, outbuildings, fixtures, and fittings in the event of damage caused by natural disasters, explosions, or leaks, all in one policy.
4. Contents insurance for your office: coverage for movable property, such as office furniture, located inside the business building to ensure uninterrupted business operations.
5. Fire insurance for businesses: insurance coverage that provides protection for your business property, including the building, fixtures, and inventory, against damages and losses resulting from fire, natural disasters, and explosions.
6. Insurance for electronic equipment: coverage for your business' electronics such as computers, licensed software, and printers, against loss or damage.

Additional insurance options

Customize your stand-alone coverage with add-ons that cover your entire business, protecting your property and covering you against unforeseen incidents, losses, or damages. 

• Business all-risk insurance - Provides coverage for business items that are regularly transported from the insured premises to any location worldwide.
• Public liability insurance - Offers protection against damages that may be legally imposed on you or anyone associated with your business after an insured incident.
• Fidelity insurance - Provides coverage for losses caused by fraud or theft committed by employees, directors, or anyone who conspires with an employee.
• Money insurance - Offers protection for cash, cheques, postal and money orders against damage or loss inside your business premises.
• Goods-in-transit insurance - Covers goods used in your business while being transported within South Africa.
• Motor traders insurance - This insurance option offers protection for the expenses that you might be responsible for paying due to any mishap involving your motor-trade business.
• Glass insurance - This insurance policy offers protection for all immovable glass items, including windows, doors, mirrors, and furniture, that are present at your business location.