DISCOVERY BUSINESS INSURANCE - LAWYERS' PRODUCT
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DISCOVERY BUSINESS INSURANCE LAWYERS’ PRODUCT Comprehensive market-leading insurance, offering lawyers cover that is tailored to their insurance needs, including cover for newly emerging risks. Our offering is underpinned by technology, fast claims services and key innovations to ensure that you can work efficiently and be available to your clients when they need you.
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Tailored insurance
DISC O V E R Y BU SIN E SS IN SU RA NCE
TAILORED
INSURANCE
for lawyers
COMPREHENSI
COVER
EMBEDDED
OVER
INNOVATIVE
K EY FEAT URES BENEFITS
Comprehensive business insurance for lawyers
Our experience in the commercial insurance space has enabled us to collect lots of data on
Embedded tailored cover and innovations at
professionals, including lawyers. We have studied this data to get a detailed understanding
no additional premium including: REWARDS FOR
into the legal industry, enabling us to create a bespoke product for this profession. BUSINESS
– R100 000 cover against cyber events
Our tailored product offers affordable comprehensive insurance for traditional business
– R100 000 crisis and reputation management cover
risks, as well as embedded cover and benefits designed to help your legal practice succeed.
– 25% discount on selected Lexis WinDeed searches
These benefits are included in our product at no additional premium and include access
– 25% discount on Lexis Sign platform
to a digital search engine where you can find more information on property, people and VITALITY DRIVE
– Up to 20% discount on new laptop purchases FOR BUSINESS
companies from reputable data sources.
– Settlement of cellphone and iPad claims within
one business day
Up to 50% of your monthly MTN business data
spend back for managing your risks well REWARDS FOR
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Up to 30% of vehicle premiums back for driving well
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Comprehensive
To qualify for the Lawyers’ product, you must meet the
DISC O V E R Y BU SIN E SS IN SU RA NCE
following criteria:
TAILORED
core cover and benefits
ou must have non-motor cover, including cover under the Fire, Buildings
Y INSURANCE
combined or Office contents sections.
our business must meet the description of a law firm, as defined by our
Y
underwriting team.
We offer you flexible business insurance, enabling you to Our product offers cover for your most valued possessions as covered under COMPREHENSIVE
select the sections of cover that your business needs. You will COVER
the traditional multi-peril policy, such as:
be able to choose any cover sections and benefits from our
Discovery Business Insurance Plan. C O VE R F O R Y O U R AS S ET S , EL ECT RO NIC EQ UIPMENT
A ND P O S S E S S I O N S
In addition to your chosen sections, we have selected the
EMBEDDED
cover and benefits that are most appropriate for lawyers These sections of cover provide protection for your valuable practice assets such OVER
and automatically included them in the product at no as your office furniture, electronic equipment, portable equipment such as your
business’s laptops and cellphones, as well as your motor vehicles.
additional premium to make sure that we give you the most
comprehensive insurance.
L I A B I L I T Y A ND P ERS O NAL ACCID ENT CO VER
INNOVATIVE
These sections cover you for liabilities that may arise against you. This includes cover BENEFITS
against the liability to compensate third parties for injuries or illness that occurs
while they are on your property.
You also get cover against bodily injury to any principal, partner, director or
employee of your business caused by accidental or violent means. With this cover, REWARDS FOR
you can help your key partners and employees get the care they need to help them BUSINESS
recover following an accident.
C O VE R A G A I NS T C RIME EVENT S
Our cover is affordable and flexible, so that you can: VITALITY DRIVE
Get comprehensive cover against crime events that lead to financial losses to your
FOR BUSINESS
Select the sections of cover you need from our Discovery legal practice such as employee dishonesty or fraud, theft of money held at your
Business Insurance Plan. business premises, as well as cybercrimes.
Choose the amount of cover you require for each section of cover. C O VE R A G A I NS T BUS INES S INT ERRUPT IO N L O S S ES
REWARDS FOR
This covers you for financial losses your business incurs as a result of business DRIVING WELL
interruptions caused by physical damage to your property. You can also extend
your cover to include cover for business interruption losses caused by theft,
damage to electronic equipment, and loss or damage to your business vehicles.
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Embedded cover
DISC O V E R Y BU SIN E SS IN SU RA NCE
TAILORED
against the risks of today
INSURANCE
COMPREHENSI
In today’s business environment, it is important to have access to COVER
technology solutions that enable you to run your legal firm. This is
especially so during the current COVID-19 period where many businesses
are working remotely. The increase in technology use increases your
business’s risk of cyber events and reputational damage events. That is EMBEDDED
why we have automatically included these covers in our Lawyers’ product OVER
at no additional premium. You will be able to increase your cover limit at
an additional premium if you need more.
INNOVATIVE
BENEFITS
PROT E CT YOUR CLI E N TS’ CON FI DENT I A L R E C O R D S P R O T E C T Y O U R F I RM’S REPUT AT IO N
REWARDS FOR
As a lawyer, your clients trust you with their most sensitive and We understand that a crisis event happening at your legal firm may affect
BUSINESS
confidential information. Any loss of such information may result your reputation. That is why we have included the following cover for you:
in legal disputes or regulatory fines. To help you protect your clients’
R100 000 crisis and reputation management cover to help you respond
information, we give you:
to a crisis event and manage your legal firm’s reputation.
R100 000 for loss or theft of your clients’ sensitive information,
24/7 access to reputational experts from a leading global marketing
VITALITY DRIVE
data recovery, randsomware and other legal costs you may incur
communications firm who will provide a full response strategy following FOR BUSINESS
as a result of an insured cyber event.
a crisis event.
R50 000 business interruption cover for financial losses your
business incurs as a result of an insured cyber event.
R50 000 business reputation management cover to help you
REWARDS FOR
respond to a crisis event caused by a cyber incident. DRIVING WELL
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Innovative benefits to
We have enhanced our insurance offering to include tailored benefits
DISC O V E R Y BU SIN E SS IN SU RA NCE
to help you work efficiently. We have included these benefits at no
TAILORED
additional premium to make sure that you get the most comprehensive
help you work efficiently
INSURANCE
benefits for your legal practice.
COMPREHENSI
COVER
GE T YOUR CE LLPHON E A N D I PA D R E P L A C E D G E T 2 5 % D I S C O U NT O N S E L E C T E D L E X I S You will receive a copy of the document as soon as
OR REPA IR E D WI TH I N ON E B US I N E SS D A Y W I ND E E D S E A R C H E S the client has signed, so you don’t have to wait for
clients to return signed documents anymore. Lost EMBEDDED
Having a working cellphone or iPad is critical to make pages and illegible scans or faxes are a thing of the OVER
It’s important for you, as a lawyer, to have access
sure that you are always available if your clients need to accurate and comprehensive information to help past with Lexis Sign.
to contact you. Loss of or damage to these items can you with your day-to-day functions. Lexis WinDeed
interrupt your normal business operations. enables you to find information when searching for
details on property, people and companies.
Therefore, with the Lawyers’ product, we give you: INNOVATIVE
It provides access to reputable data sources such G ET UP T O 20 % D IS CO UNT O N NEW
BENEFITS
Premium cellphone and iPad replacement packs as the CIPC, leading credit bureaus and a variety L APT O P PURCHAS ES
delivered to your business premises or to another of other trusted suppliers.
preferred address within one business day of you
You can get up to 20% discount on new HP, Dell
Lexis WinDeed allows you to:
submitting your claim, including a new iPad or and Lenovo laptop purchases. This benefit will help
phone and screen protector, giving you the ultimate – Obtain property and ownership information you meet the cost of hardware required so that your REWARDS FOR
convenience if your phone is stolen or lost. – Obtain registered company and directorship details business can operate efficiently and securely. BUSINESS
Speedy cellphone and iPad repairs – Vet potential customers or tenants and trace debtors o qualify for the laptop discount, you need to
T
complete the Discovery Business Insurance risk
– For a physical screen damage or other damages,
assessment. You can complete the risk assessment
the device will be collected from your preferred
by either having a physical risk survey done at your
address and will be repaired and returned to you VITALITY DRIVE
business premises or completing the online self-
within one business day. You will also get a screen G E T 2 5 % D I S C O U NT O N L E X I S S I G N FOR BUSINESS
assessment tool, depending on which assessment
protector with screen repairs. PLATFORM
your business qualifies for.
The above timelines apply for repairs and replacements
done in metropolitan areas. We will repair or replace your exis Sign provides an efficient, instant and secure
L
phone or iPad within the next business day in other areas. method for electronic document signing. This is
REWARDS FOR
a critical platform in today’s world where a lot of
If we don’t meet this agreed timeline, we will waive your DRIVING WELL
business is conducted remotely.
excess for these claims
It meets the criteria of a reliable signature as
defined by the Electronic Communications and
Transactions Act.
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Rewards for Business
DISC O V E R Y BU SIN E SS IN SU RA NCE
TAILORED
INSURANCE
Discovery Business Insurance rewards you for managing
your business well. Through our shared-value model, we
give you innovative rewards that we believe will help your
COMPREHENSI
business thrive.
COVER
GET UP T O 5 0 % CA SH B A CK ON M ON T H L Y D A T A S P E ND
EMBEDDED
WIT H MT N OVER
Being digitally savvy in this day and age has many benefits for you and your
customers. Digital tools can help you manage your payments, communication
and relationships with customers and other stakeholders.
INNOVATIVE
We will give you up to 50% of your monthly MTN business data spend back BENEFITS
every month (limited to R1 500 maximum spend)* for managing your risks well.
You can unlock this cash back by completing the following activities
that help you understand and improve your business risks:
REWARDS FOR
BUSINESS
Activity Cash back percentage
Risk assessment 25%
Business Health Check 25% VITALITY DRIVE
FOR BUSINESS
The cash back is limited to a maximum spend of R1 500 on a qualifying MTN business broadband
*
package and cannot be greater than your monthly non-motor premium.
REWARDS FOR
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Vitality Drive for Business
DISC O V E R Y BU SIN E SS IN SU RA NCE
TAILORED
Three easy steps to join the programme
INSURANCE
Vitality Drive for Business is a driver behaviour programme designed COMPREHENSI
for businesses. It uses the latest telematics technology to measure and COVER
reward good driving behaviour.
EMBEDDED
OVER
You can join and earn great rewards with Vitality Drive for Business by following these three easy steps.
INNOVATIVE
BENEFITS
ST EP 2 REWARDS FOR
S TEP 1 S T EP 3 BUSINESS
I NS T A L L A T E L E M A T I C S D E VI C E
PROVI DE US WI TH YOUR V E HI CL E , I N E A C H VE H I C L E D RIVE WEL L AND EARN REWARD S
FLE E T M A N A G E R A N D D R I V E R
Visit Tiger Wheel & Tyre to install or collect VITALITY DRIVE
INFOR M A TI ON arn up to 30% of your monthly vehicle
E
FOR BUSINESS
a smartphone-enabled DQ-Track device. premium back for driving well (payable
Vehicle details, including VIN number.
You can also use an approved third- annually at the end of the plan year),
party device from Cartrack, Ctrack or as well as weekly driver rewards.
Fleet manager details, including email
address, cellphone and ID numbers. Netstar and give us access to your driving
information. REWARDS FOR
river details, including ID number
D DRIVING WELL
and cellphone number.
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Rewards for driving well
DISC O V E R Y BU SIN E SS IN SU RA NCE
TAILORED
INSURANCE
COM P ANY R EWAR D S
Our Vitality Drive for Business programme rewards you with premium cash back and your drivers can get weekly Active Rewards for driving well. You also get up to 50% discount on any
purchases at Tiger Wheel & Tyre based on your company’s Vitality Drive status.
COMPREHENSI
COVER
GET UP T O 3 0 % OF YOUR V E HI CLE PRE M I U M S B A C K G ET UP T O 50 % D IS CO UNT
O N T IG ER WHEEL & T YRE
Your business can earn up to 30% premium cash back every month for each vehicle on the Vitality Drive for
PURCHAS ES
Business programme based on that vehicle’s driving behaviour as shown below. Your total monthly company
cash back will be the total cash back earned by all your vehicles on the Vitality Drive for Business programme You can get up to 50% discount (limited to R5 000 maximum EMBEDDED
for that month.
spend per vehicle) on any purchases at Tiger Wheel & Tyre OVER
such as tyres, batteries and wiper blades, based on your
company’s Vitality Drive status.
Vitality Drive status Blue Bronze Silver Gold Diamond
Rewards % 0% 10% 15% 20% 30%
INNOVATIVE
85 – 100, Vitality Drive status Discount % BENEFITS
with more than 80%
Driving score 0 – 54 55 – 69 70 – 84 85 – 100
of vehicles getting a
valid score Gold/Diamond 50%
Silver 35%
REWARDS FOR
The company score is the average of your vehicle scores for vehicles on the Vitality Drive for Business programme. BUSINESS
Bronze 15%
Companies also get a Vitality Drive status each month based on their driving score according to the table above.
The company’s Vitality Drive status is used to determine the rewards percentage for status-based rewards. Blue 5%
VITALITY DRIVE
FOR BUSINESS
D R I V E R ACTIVE R EW AR D S
Each week, drivers who have achieved a driving
score of 70 or higher and have driven more
Drivers using the smartphone-enabled DQ-Track will be able to see their weekly score on their Discovery Insure app.
than 100 km, qualify for an airtime or data REWARDS FOR
They can easily claim their Active Rewards by selecting their preferred option on their phone and then redeeming DRIVING WELL
voucher, a meal, coffee or smoothie* from one
it at the partner store.
of our partners at no cost to them.
*
Reward options are dependent on the type of telematics device.
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Monitor and improve
DISC O V E R Y BU SIN E SS IN SU RA NCE
TAILORED
driving behaviour
INSURANCE
To help you monitor the driving behaviour of each of your drivers and help COMPREHENSI
them improve, we give you access to the Vitality Drive online fleet portal. COVER
EMBEDDED
OVER
INNOVATIVE
O NL INE FL EET PO RT AL
BENEFITS
The fleet portal gives you all the information you need
to track driver behaviour and help your drivers improve.
Through the fleet portal, you will be able to:
Track your vehicles in real time* REWARDS FOR
BUSINESS
View the trips taken by each vehicle
Analyse and manage the driving behaviour of your drivers
*
Only available with the smartphone-enabled DQ-Track
VITALITY DRIVE
FOR BUSINESS
REWARDS FOR
DRIVING WELL
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08 B USI N E SS I N S U R AN C E | 2 0 2 1 BEHAVIOURDISC O V E R Y BU SIN E SS IN SU RA NCE
This brochure is
a summary of
the benefits Discovery offers
for business insurance. Speak
to your broker about the full
range of Discovery Business
Insurance products, or visit
www.discovery.co.za
Contact centre 011 529 6620 DBINewbusiness@discovery.co.za www.discovery.co.za
Discovery Insure Ltd is a licensed non-life insurer and an authorised financial services provider. Registration number 2009/011882/06.
Product rules, terms and conditions apply. Go to www.discovery.co.za for more details or call us on 011 529 6620.
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