We understand that cashflow is the lifeblood of your business. Which is why we pay you a daily cash sum to help stabilise your cashflow if damage to your business premises interrupts or stops your business activities.
Whether you run a hair or beauty salon, a bakery, coffee shop or restaurant, offer repairs, make and sell goods, retail on a smaller scale, provide specialist services, kennel and groom pets, or teach Zumba classes, your premises are critical to the delivery of your services or products. Whatever your business, we're here to help you with cover for business interruption.
FNB Business Cashflow Cover can offer you peace of mind - knowing that your cashflow won't be interrupted if your business is. There are no lengthy waiting periods, complex underwriting or excess payments.
Our Business Cashflow Cover will help your business maintain cashflow by paying out a daily cash sum to help stabilise your business, in the event of your business being interrupted for more than three days.
If an event interrupts or stops your business activities for a minimum of three days and prevents you, your employees, customers or suppliers from using your business premises. And as a result, your business is not able to earn an income and your turnover has been impacted by more than 20%, due to the business interruption.
Choose the right cover for your business and the amount of cover you need.
Due to mechanical, electrical or electronic breakdown of public supply facilities - within a 5km radius.
Theft or attempted theft following forcible and violent entry and exit, including on-site business vehicles.
Like flood, wind, water, hail, snow, fire, lightning, explosions, earthquakes, subsidence and landslip.
Interruption caused by burst and/or leaking water heating systems and pipes.
Damage caused by falling objects, non-domestic animals, bombs, oil spills, riots, strikes and malicious damage.
Each business is different and has different needs when it comes to cashflow and business continuity processes. Which is why we offer a range of options:
We know how much you value the contribution of a business partner. Losing them may potentially mean you could risk losing the business you've worked so hard to build together.
Buy and sell insurance typically forms part of a buy and sell agreement between business partners. FNB Buy/Sell Insurance pays out a cash lump sum to help surviving partners buy out the share, without any business disruption.
The life cover benefit pays out a 100% cash lump sum on the death of the insured business partner. It includes a terminal illness benefit that pays out a 100% cash lump sum if they are diagnosed with a terminal illness and have less than 12 months to live.
The permanent disability cover pays out up to a 100% cash lump sum, if a business partner becomes permanently disabled and is unable to perform their chosen occupation due to disability, functional or severe impairment.
Permanent disability can be taken as standalone or accelerated cover. When taken as accelerated cover, the life cover amount reduces by the permanent disability amount that is paid out.
