Check This
All short-term personal lines policies have coverage limits on the policy which do not always cover your client’s claim.
www.riskbuster.co.za
Benefits
1) Protect your client – So that he is not left with a shortfall after his loss
2) Protect your client – Against unforeseen application of average
3) Riskbuster provides 30 advanced extensions in addition to basic extension buster
4) Riskbuster will pay up to R10 000.00 on an average shortfall claim.
5) Riskbuster follows your client’s underlying policy terms and conditions
6) Riskbuster follows your Insurers decision – no further assessments are required
Riskbuster Cover Extensions (Follows any Extension under your policy)
Riskbuster: Fill-up Extension Buster Fills up any shortfall you have under your claim to our policy limit. This applies to ALL extensions that you have on your policy
Example: Stolen Handbag with car keys inside?
Replacement Cost | R15 000.00 |
Your policy pays? | R5 000.00 |
Riskbuster pays | R10 000.00 |
Riskbuster: I forgot cover
Forgot to Insure item? | R10 000 |
Your policy does not pay? | R0.00 |
Riskbuster pays | R5 000.00 |
Items that you purchase and forget to
insure on your current policy.
Water Pipe Burst
Municipal Penalty applies
Water Account | R12 500 |
Your Policy Pays | R5 000 |
Riskbuster Pays | R7 500 |
Stolen Washing
You return from Holiday with lots of
washing on the washing line!!
Washing Value | R15 000 |
Your policy pays | R5 000 |
Riskbuster Pays | R10 000 |
Mom just bought month-end Groceries,
and while traveling home was involved in a
accident and hospitalized – Groceries
Stolen.
Groceries Cost | R8 500 |
Your Policy Pays | R5 000 |
Riskbuster Pays | R3 500 |
Riskbuster: All Risk cover
Example: Unspecified and Specified items
shortfalls
Specified item value? | R10 000.00 |
Your Sum Insured? | R5 000.00 |
Riskbuster will pay | R2 500.00 |
- Document Cover
- Children’s School sports bag
- Cell Phones
Actual Example:
Clients cell phone was specified for R10 000
Client’s quote was R15 000.00
Client cover was R5 000 Short
Riskbuster paid in R2 500.00
Riskbuster: Average buster (non-Motor)
Riskbuster: Under-Insured buster (Motor)
Burst Geyser plus Ceiling Damage?
New Geyser | R15 000 |
Your Policy pays | R10 000 |
Riskbuster Pays | R5 000 |
Riskbuster: All Risk cover
Example: Unspecified and Specified items
shortfalls
Specified item value? | R10 000.00 |
Your Sum Insured? | R5 000.00 |
Riskbuster will pay | R2 500.00 |
- Document Cover
- Children’s School sports bag
- Cell Phones
Actual Example:
Cell phone was specified | R10 000 |
Clients Quote | R15 000 |
Client Lost | R5 000 |
Riskbuster Paid in | R2 500 |
Example: We pay Average
Your property value | R500 000 |
Your Sum Insured | R250 000 |
Your Loss | R50 000 |
Your Insurer pays | R25 000 |
You loose | R25 000 |
Riskbuster Pays you | R10 000 |
Motor Incorrectly Insured
- Incorrect M&M code used
Vehicles correct value | R150 000 |
Vehicle Ins Value | R130 000 |
Clients Loss | R20 000 |
Riskbuster contributes | R10 000 |
Fridge Contents: Actual Example
The client is an annual Hunter and had venison to the value of R20 000 in his freezer.
The Electrical feed failed, and the freezer did not start again.
Meat Value | R20 000 |
Clients’ policy | R5 000 |
Riskbuster Paid | R10 000 |
Riskbuster Cover will FILL-UP the shortfall on your underlying policy extensions irrespective of what your policy’s limit is – as long as you are left with a shortfall on your claim.
B) Riskbuster has 31 Advanced Extensions
1 Jamming Cover – Unattended vehicle | 2 Jamming Cover – Unattended vehicle |
3 Non-Forcible Householders cover | 4 Windscreen & Mirror Cover (tpft & tp) |
5 Headlight Cover (Tpft & Tp) & within excess | 6 Scratch & Dent Cover |
7 Pothole Cover Standard Option | 8 Basic Excess buster |
9 Secondary Excess buster | 10 Car-hire Buster (if you do not have car-hire) |
11 Car-hire excess buster | 12 Car-hire extender cover |
13 Breakdown towing cover (mech & Elect) | 14 Personal Accident |
15 Retrenchment Buster | 16 Vehicle Deposit buster |
RISKBUSTER COVER PROVIDES UNIQUE EXTENSIONS WHICH ADD VALUE TO ANY POLICY
17 Identity Theft Cover | 18 Vehicle Repatriation |
19 Vehicle Parts and Accessories | 20 Vermin Damage (vehicle & house contents) |
21 Pets Damage – Upholstery Cover | 22 Bicycle cover off premises |
23 Cover Assist Top-up | 24 Power Surge |
25 Office Contents at home | 26 Fuel Dispensing |
27 House Owners drains & sanitary (tree roots) | 28 White Goods breakdown |
29 Betterment applied to tyres | 30 House Owners – Geyser Relocation |
1) Not available in the market, OR
2) Will cost you extra premium to buy
RISKBUSTER PRICING
Executive Riskbuster | R350.00 |
Classic Riskbuster | R250.00 |
Full Packages – Refer to limits |
GENERAL MARKET PRICED PRODUCTS
Car-Hire | R100.00 |
Excess Waiver | R100.00 |
Scratch and Dent | R125.00 |
And many other cover costs |