Qualifying businesses get cyber cover at discounted rates
Today's businesses face very different risks than those in the past. Because of advances in technology, modern businesses face the risk of cyber attacks. To give our clients comprehensive cover that caters for their needs in the 21st century, we offered qualifying businesses embedded cyber cover from 1 May 2019 for 12 months.
From 1 May 2020 as part of our renewal offering, we will give qualifying clients an option to keep this cover on their plan at discounted premium rates.
The standard premium payable for this cover is:
Cover |
Sum insured |
Standard premium |
---|---|---|
Core cyber cover (first-party only) |
R50 000 |
R102 |
Business interruption cover following an insured cyber event |
R25 000 |
R93 |
Core cover and Business interruption cover |
R75 000 |
R195 |
Qualifying clients can renew their cyber cover at the following discounted rates:
Cover |
Sum insured |
Discounted premium |
---|---|---|
Core cyber cover (first-party only) |
R50 000 |
R48 |
Business interruption cover following an insured cyber event |
R25 000 |
R52 |
Core cover and Business interruption cover |
R75 000 |
R100 |
Read our short business cyber offer information document for more details on the qualifying criteria and the cyber cover offered. You can contact us on dbi_anniversaries@discovery.co.za to take up this cover on behalf of your client.
New clients joining Discovery Business Insurance will still be eligible for the embedded cyber cover. If they meet the qualifying criteria, they will get cyber cover at no additional cost.