Building Insurance
The CIB Insurance Buildings product is a policy specifically designed for buildings only, and is based on the buildings combined wording, with the following additional features/benefits:
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The key benefits of the CIB Buildings product that are included at no additional cost are listed below:
Office Contents: R125 000
Money:
Major Limit:
Personal Accident:
R25 000
Fidelity Guarantee:
R75 000
Buildings: Rent up to 30% of the sum insured.
Glass: R20 000
Business All Risk:
Garden Tools & Furniture:
R10 000
Accidental Damage: R125 000
R50 000
Trustees' Liability:
R 750 000
Employers' Liability: R5 000 000
Machinery Breakdown: R50 000
Claims Preparation Costs: R50 000
Property Owners Liability Limit: R5 000 000 automatic cover.
Excess (Geysers Excluded):
Flat R1 000
Emergency Number: 0860 104 952
* If the CIB Emergency Assist Number is used for Geyser claims on the buildings product, no excess will apply.
CIB Target Market for their buildings product includes:
Retail Centres
Body Corporates
Office Buildings
Residential Flats
Shopping Malls
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