The material damage cover will cover assets against losses or damages of all domestic and commercial property, equipment, containers, aviation hull, and agricultural-related such as harvest and livestock. These would have to be losses or damages caused by riots, strikes, public disorder, civil commotion and terrorism.
The above cover can be selected to apply to all or some of the insured’s property, provided it can be shown to which property / risks / items the Sasria cover is applicable.
Note 1: Selection is excluded on group schemes.
Note 2: The free fire extension cover for commercial policy is limited to R250 000.00 per extension and accumulatively to R1 million for all extensions within an insurance period.
The domestic policy is limited to R100 000.00 per extension and accumulatively to R250 000.00 for all extensions within an insurance period.