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logologologo
  • Home
  • About
    • Procurement
    • Careers
  • Products
    • Appliance Warranty
    • Car Hire
    • Commercial Legal
    • Corporate Health Insurance for Expatriate Employees
    • Equine Insurance
    • Evac24 Accident Only Cover
    • Excess Waiver Insurance
    • Gadget Insurance
    • GAP Insurance
    • Goods In Transit Insurance
    • Health Insurance
    • Heavy Commercial Vehicle Insurance
    • My Cyber Care
    • Marine Insurance
    • Mechanical Warranty Insurance
    • Pandemic Insurance
    • Personal Legal Insurance
    • Pet Insurance
    • Professional Indemnity Insurance
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  • Home
  • About
    • Procurement
    • Careers
  • Products
    • Appliance Warranty
    • Car Hire
    • Commercial Legal
    • Corporate Health Insurance for Expatriate Employees
    • Equine Insurance
    • Evac24 Accident Only Cover
    • Excess Waiver Insurance
    • Gadget Insurance
    • GAP Insurance
    • Goods In Transit Insurance
    • Health Insurance
    • Heavy Commercial Vehicle Insurance
    • My Cyber Care
    • Marine Insurance
    • Mechanical Warranty Insurance
    • Pandemic Insurance
    • Personal Legal Insurance
    • Pet Insurance
    • Professional Indemnity Insurance
    • Rental Insurance
    • Scratch & Dent Insurance
    • Security Company Liability Insurance
    • Specie Insurance
    • Travel Insurance
    • Tyre & Rim Insurance
  • Partners
  • Our Partner Model
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Specie Insurance

Products > specie insurance
icon_specie-insurance

The objective of Specie Insurance is to provide cover for one of the most common and oldest risks – historically known as “piracy” – but in South Africa commonly referred to as hijacking or, more mundanely, as theft of cash and valuables whilst in transit or storage.

This is only a guide. The full terms and conditions are contained in the policy wording.

The Benefits to Policyholders

  • Tailor-made wording for the industry
  • Excess free or low excess
  • This type of Insurance is usually difficult to obtain by smaller clients
  • Risks covered under our policies are usually not covered by the general insurance market
  • Price fluctuations minimal and cash claims do not influence non-cash related premiums, as it allows our policyholders to separate high valuables insurance from their normal commercial insurance policies
  • Product suits high-risk exposures
  • Expert knowledge of cash, valuables and fine art insurance industry
  • The facility provides higher limits than traditional insurers
  • Access to and support of international markets with intimate knowledge of mitigating risks associated with our products
  • Excellent Reinsurance backing

Cover Provided 

  • Cash/valuables lost whilst in the custody and care of an Approved Security Services Provider
  • Cash / Valuables lost whilst in storage (Vault or safe)
  • Cash /Valuables lost in transit – either by:
    • Outside influence
    • Accidental damage
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  • 086 144 4462
  • info@genric.co.za
  • Block B, Western Entrance, Lynnwood Corporate Park, 36 Alkantrant Road, Lynnwood Ridge, 0081

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GENRIC Insurance Company Limited (FSP: 43638) is an Authorised Financial Services Provider and registered Short-term insurer.Copyright © 2019 GENRIC Insurance Company Limited