What is covered? Any unforeseen physical loss or damage to the Permanent and Temporary Works from any cause other than those excluded in the “Exceptions to Section 1” in the policy wording. The Indemnity shall be up to the Total Sum Insured as Specified on the schedule, including additional costs that are provided in terms
Archives: Products
Off-Shore Investments
Whether through your annual discretionary allowance (up to R1 million per year) or your foreign investment allowance (up to R10 million per year) we are able to structure offshore investment portfolios to suit your specific investment budget and risk requirements. We have partnered with the biggest players in the industry to be able to provide
Investments
Medical Aid & Gap Cover
In South Africa, medical aid is vital. Any company that has its own medical aid is a drawcard for employees. Whether you head up a growing enterprise or work for a large corporate, we can assist you in selecting a medical scheme that suits both you and your staff. We have a specialised Medical Aid
Retirement Annuities
Retirement should be an opportunity to relax and enjoy the fruits of your labour. Living comfortably, enjoying the good life with time to devote to all your favourite activities and experiences. Retirement annuities make this future possible. Compendium can assist you with your retirement annuities. Our expert brokers will help you formulate a retirement savings
Life Insurance
Life insurance can easily feel like a grudge purchase, forced on you when buying property, for example. But with loved ones who depend on you, getting this type of lump sum cover also demonstrates the deep concern you have for their well-being. It’s a way for your dependents to carry on, supported financially, even if
Key Person Insurance
Get a key person insurance policy from Compendium. Every entrepreneur and business owner knows the value of employing hard-working, motivated and reliable employees. You surround yourself with the best people! However, their loss can seriously hurt your company, so shield against financial disaster by covering your pivotal staff and money-spinners (director, project manager, sales head
Employee Benefits
To build a great business, you need great people from the foundation up. And to attract these valuable, skilled individuals to your company, and retain them, you have to make your offer enticing. A good salary helps, but just as important – if not more so – is the promise of extra security, like employee
Buy & Sell Agreements
Don’t let a hard-fought-for dream become a nightmare. Buy and sell insurance has been developed to protect businesses – particularly small to medium ones – in the event that one partner or shareholder dies or becomes disabled. It’s great to celebrate good days at your company, but just as important to plan for possible bad
SASRIA
Sasria is an add-on product that protects every asset owner in South Africa against civil commotion, public disorders, riots, strikes and terrorism. It is Advisable that All Contract Works Policies are to have this cover included on the Schedule. We would also recommend that consideration be given to incorporating the “Imminent Danger” extension to the
Specialist Motor
Marine Liability
We offer a contractual risk assessment service to better negotiate terms with your insurer which will ensure best possible coverage. Balanced with this, our legally qualified claims staff intercedes with insurers on your behalf for admission of claims and for a faster outcome, whether that requires defending or settling claims, utilising the cover provided under
Asset All Risk
Commercial Crime
If years of experience has taught us one thing, it is that Commercial Crime (Fidelity Guarantee) is an essential class of insurance as losses happen within the best of companies. Commercial crime is the modern form of cover. It provides protection against fraud by employees, as well as fraud involving third-party criminals. These losses often
Crime Liability
The effect of a cyber-attack could be devastating to almost any business: network downtime, loss of important data and loss of credibility when customer information is compromised. From a lost device to a more deliberate cyber-attack, the risks arising out of the myriad and ever-increasing use of IT, are perhaps some of the most challenging
Fidelity Guarantees
Directors And Officers
The ever-increasing demand for compliance with strict corporate governance codes drives the need for a high degree of awareness at board level, when it comes to D&O cover. As a director or officer of a company, you assume an elevated burden of responsibility in the performance of your fiduciary duties. Failure to act in accordance
Kidnap And Ransom
Cyber Liability
Being held legally responsible for third party claims can financially cripple a company, destroying everything you have built up. We understand that even when your business is faultlessly following best business practice, things can go wrong and it is essential to protect the company against the legal consequences of human error. This could result from
Marine
If the open water is an integral part of your business operations, Compendium has a marine insurance solution for you. From sightseeing charters and deep sea fishing to multi-million rand container shipping, our commercial cover is far reaching and highly customisable. We represent all major marine insurers in South Africa and work with international players