OUTsurance Business Insurance

Outsurance is renowned for delivering exceptional value. They provide flexible excess options which allow you to choose a low fixed excess irrespective of the type or value of your claim, preventing you from incurring any unexpected excess payments.

They can guarantee your premiums for a year, regardless of whether you make a claim or not. The firm's premium calculation model is customised to each individual's risk profile, ensuring that customers with lower risk profiles do not subsidise those with higher risk profiles.

OUTbonus program and other market-leading benefits

In addition to its top-notch customer service, Outsurance provides unique benefits. The OUTbonus program is designed to reward clients who do not claim for three consecutive years with a 10% cashback of the total premiums paid. They also offer bespoke cover that can cater to your specific needs.

You can opt to cover their vehicles based on their retail or market value, providing them with greater flexibility and choice. Outsurance's policy documents are user-friendly, easy to read, and free of any hidden surprises, ensuring that you have a comprehensive understanding of their policies.

Outsurance's value proposition has propelled it to become a leading insurer in South Africa. The company stands out by providing customised and flexible policies, superior customer service, and innovative benefits such as the OUTbonus program.

Through this, Outsurance has established long-term relationships with its clients. The company's emphasis on transparency, value for money, and customer satisfaction makes it the preferred insurance provider for many.

Staying ahead of the competition through ongoing innovation

The success of Outsurance is largely attributed to its strong commitment to innovation. By constantly generating new ideas and developing new products, they’ve been able to offer unique services like Free Help@OUT emergency assistance.

This service ensures that all clients receive 24/7, 365-day free roadside and home assistance for any kind of emergency.

Outsurance's dedication to innovation is further demonstrated by its OUT-in-Africa offering, which provides clients with roadside assistance, medical evacuation, and full repatriation of vehicles in several African countries.

These innovative solutions reflect their unwavering focus on meeting the needs of their clients. By providing affordable, straightforward insurance options that truly make a difference in people's lives, Outsurance has established itself as a leading insurance provider in South Africa.

Outsurance offers a wide range of business insurance categories to meet the unique needs of different types of businesses.

These categories include SASRIA, which covers loss or damage caused by politically motivated incidents, and 11 other categories that cover various aspects of a business, such as vehicles, buildings, contents, electronic equipment, stock, stock in transit, money, watercraft, business interruption, public liability, employee dishonesty, personal accident, and employer’s liability.

SASRIA cover of up to R500 million

Outsurance offers SASRIA cover through Sasria SOC Limited, which provides coverage for loss or damage caused by acts or attempts to influence or overthrow the state or government, bring about loss or damage for political or social reasons, or cause riots or public disorder in South Africa. The coverage applies if it’s noted on your schedule, and the maximum sum payable is R500 million during any calendar year.

Business building insurance from OUTsurance

Their building insurance policy provides cover for structures that cannot be moved, which encompass the main building, outbuildings, as well as permanent fixtures, fittings, and enhancements like windows, driveways, walls surrounding the property, decks, swimming pools, and gate motors.

The coverage further extends to underground pipes and cables, paved or tarred pathways, and public areas that you own or are accountable for at the address noted on your policy.

Insurance your businesses electronic equipment

They provide electronic equipment insurance that covers various types of electronic business equipment, such as computers, licensed software, scanners, printers, and audio and visual equipment, as well as medical, technical, and industrial equipment. For coverage, these items must be inside the building listed on the policy and noted on the policy.

The OUTsured value is the maximum amount that the insurance company will pay for a claim, less the excess and any dual insurance. It’s the policyholder's responsibility to ensure that the OUTsured value accurately reflects the replacement value of the items, including professional and municipal fees, demolition charges, debris removal, making the site safe against further incidents, and taxes, duties, and freight transport.

Protect your stock with cover from OUTsurance

Outsurance's stock insurance covers various types of goods used in the policyholder's business, including raw materials and traded goods. The policy covers stock located inside the building listed on the policy, with optional cover available for stock designed to exist outside the building.

The OUTsured value is the maximum amount paid for any claim, with the policyholder responsible for ensuring it accurately reflects the total cost price of the stock. Livestock is not covered. Stock being transported should be covered under Stock in Transit.