|Non-industrial / non-hazardous franchise stores||Retail stores||Fast food outlets||Restaurants|
|Accidental deterioration of foodstuff included under the fire section of R5 000||Insured buildings will have automatic geyser cover included|
|Franchise royalties in favour of head office, as well as Extended Public Utilities Automatic Cover R25 000 (subject to a 24 hour time excess), included under the Business interruption section||Claims preparation costs automatically included up to R20 000|
|Automatic money increase in December limited to 15% of major limit under the Money section||Automatic cover for reinstatement of data up to R20 000 and software of R5 000 under the Electronic Equipment section|
|Liability cover automatically includes food poisoning cover up to R1 000 000||Malicious damage to property automatically included under the theft section of R10 000|
|The CIB Franchise Policy has been approved by most franchise operators and is only available to franchise owners and can be obtained from an accredited CIB Broker||All other features and benefits for CIB Commercial product is available|
Please note that this is a summary of the cover available. The full terms, conditions and exclusions of cover are contained in the CIB Commercial Policy Wordings.
If you would like a copy of the CIB Commercial Policy Wording, please contact Juan Erasmus on firstname.lastname@example.org