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.

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