Vehicle Insurance

Vehicle Insurance is one of the real necessities in life. It helps you plan for the unforeseen and the fact that you are insured, takes away that additional bit of anxiety when you are out and about. 

Looking at the situation objectively, a percentage of the anxiety of driving can undoubtedly be credited to the stress over what could go wrong. That is the reason why we propose that you buy comprehensive vehicle insurance. Options like third party fire and theft and third party only insurance will put you in a position to select the appropriate cover respond to your needs.   

Comprehensive Vehicle Insurance provides financial protection against accident related incidents, liability to third party vehicles and property as well as loss as a result of fire, theft and hi-jacking.   

Third Party, Fire & Theft Vehicle Insurance provides cover to a third party, and total loss or damage to your vehicle as a result of fire and theft. Any accident related damages caused to your vehicle will not be covered.   

Third Party Only Insurance covers damage that you have caused to other vehicles or their property. This product is recommended when your vehicle has a relatively low financial value and has already been fully paid for. Please keep in mind that your vehicle will not be covered against fire, theft, loss or damages caused by an accident.

House Contents

Insuring your house contents ensures peace of mind at the time of a disaster. That is if you are correctly insured of course.   At the point of insuring your household contents, we suggest that you complete an inventory to determine the replacement value of your contents. The reason for is to ensure that the sum insured (the value at which you insure your goods) is equivalent to the correct replacement value. 

Should you be underinsured, you won’t be in a position to repair or replace your possessions and you might be penalised at the time of a claim. We also recommend that you make provision for future purchases by including a percentage for these future purchases in your sum insured. 

The cover provided under this section include, but is not limited, to loss or damage as a result of fire, theft, lightning and storm damage. 

We also offer cover for accidental damage to your contents as well as damage as a result of power surge. 

Building Insurance covers the actual structure of your home in the case of damage caused as a result of fire, storm & lightning, burst geyser and impact caused by aircraft, animals, vehicles and falling trees.   Your building must be insured at the current cost to rebuild, including cost for professional fees such as demolishment and debris removal. We will be happy to assist with additional information regarding the available extensions to the policy.

COMMERCIAL INSURANCE

We understand that maintaining a fruitful business takes years of diligent hard work and the right partnerships. 

We offer various types of insurance cover to protect your business and your business assets against losses and damage. It also covers natural disasters, accident related incidents, cyber risks, commercial crime and liability claims.  

Nic Brokers also have products for clients doing business from home. Ask one of our professionals for more information.

Liability INSURANCE

General Public Liability:
General public liability provides cover against liability claims arising out of bodily injury or damage caused to a third party, at your business premises.

Pollution Liability
Pollution insurance provides cover to the insured for cost arising out of pollution caused by our client. This cover includes, but is not limited, to cost for clean-up and restoration as well as liability for injuries or death caused by pollution.

Products Liability and Defective Workmanship
Any manufacturer, supplier or retailer who provides products to the public, may be held responsible for injuries or damage caused by the product they provided and or installed. Products liability and defective workmanship cover will indemnify you against such claims.

Professional Indemnity
Professionals must exercise reasonable care and skill when they provide advice to clients. If they fail to do so, they can be held responsible for any loss or damage caused as a result of incorrect or negligent advice and errors and omissions. This cover will respond to claims of this nature.

Directors and Officers Liability Insurance:
Directors & Officers Liability is compensation payable to the board of directors and officers of a company for losses as a result of legal action brought against them for alleged wrongful acts in their capacity as directors and officers.

Third Party Liability
Liability claims arising out of accident related incidents or with the loading or unloading of insured vehicles.

Employment Practices Liability
Legal expenses following wrongful acts arising from the employment process are covered by this section. This include wrongful termination, sexual harassment and discrimination.

Cyber Risks
Financial loss, disruption or damage to the reputation of an insured organisation arising from online publishing or traditional media.

Commercial Crime
Commercial crime provides cover to the insured against financial loss arising from employee dishonesty, computer fraud and theft by employees.

Residential Community Living Insurance

NIC Brokers are specialist brokers offering insurance cover for residential estates’ home owners associations and body corporates.  

Some of the estates incorporates golf courses restaurants and other hospitality and sports facilities. At NIC we have worked hard to design specialised insurance solutions. These solutions are designed to offer the appropriate insurance covers for the assets and liabilities of the estates, as well as the covers required by law such as the CSOS.  

Our market leading products and expertise gained over years in the industry, have distinguished us from our competitors by our commitment to superior service and advice.  

We understand the intricacies, risks and requirements unique to the residential, commercial and industrial sectional title market.  

We are partners of The Association of Residential Communities (ARC) which was established in 2008 to proactively support the volunteers/members of Homeowners Associations (HOAs) and Bodies Corporate, and their management teams in the achievement of their vision which is to establish, maintain and enhance the value of the properties as well as the lifestyles of their residents.

specialised Business insurance products

NIC Brokers have the expertise to provide the following:
Motor Fleet Insurance
Goods in Transit Insurance
Heavy Commercial Vehicle Insurance
Aviation Insurance
Marine Insurance
Contractors Insurance
Filling Station Insurance
Auto Trade and Repair Insurance

Caring for your assets is our profession... Caring for you is our difference...

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